About 103 S Flagler Avenue
INSTANT EQIUTY!! Priced BELOW market value; Prime 0.42 Acre Corner Lot on Park Ave – R3 Zoning, 3 Blocks from the Edgewater Boat Ramp** Welcome to this charming coastal home, complete with a detached garage, dedicated BOAT STORAGE and thoughtful updates throughout. Recent improvements include new windows, new paint inside and out, an updated kitchen, renovated bathrooms and BRAND NEW LUXURY VINYL PLANK FLOORING AND BASEBOARDS THROUGHOUT! Positioned just three blocks from the Edgewater boat ramp, City Hall, and the area planned for the future Downtown Edgewater (in green and pink outlines in aerial photo) redevelopment, this 0.42-acre corner lot sits in the heart of a rapidly evolving coastal community. The City of Edgewater has publicly outlined a funded acquisition plan running from 2025–2030, with construction anticipated to begin in 2030, and several nearby properties have already been purchased as part of this long-term vision. This area is poised for transformation, creating exceptional upside for those who get in now. While Edgewater has faced challenges with stormwater infrastructure, the city has allocated a separate budget for canal and drainage improvements and has already begun work in surrounding areas. Flexible R3 zoning allows for multifamily residential development today, with the added potential to pursue rezoning to commercial, industrial, or retail—consistent with successful rezonings of neighboring parcels. With NO HOA and short-term rentals (STR & AirBNB) IS ALLOWED HERE, the property offers outstanding flexibility for future use and income potential. All of this is just a 5-minute drive to Downtown New Smyrna Beach and 10 minutes to the famous drivable NSB beaches, offering a rare opportunity to invest in a location with convenience, lifestyle appeal, and significant long-term growth potential.
Features of 103 S Flagler Avenue
| MLS® # | O6419023 |
|---|---|
| Price | $289,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,560 |
| Acres | 0.42 |
| Year Built | 1949 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Coastal, Key West |
| Status | Active |
Listing Details
| Office | REGENCY REAL ESTATE LLC |
|---|
Listing Map
Neighborhood Information for 103 S Flagler Avenue
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Discovery Days Institute Of Learning Private - Preschool to 8Th Grade |
0 Miles | |
|
Edgewater Public School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
|
Little Explorers Montessori Private - Kindergarten to 4Th Grade |
1 Miles | |
|
|
New Smyrna Beach Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
New Smyrna Beach High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Read-Pattillo Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
Coronado Beach Elementary School Public - Kindergarten to 5Th Grade |
2 Miles |
School data provided by GreatSchools