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2308 Fern Palm Drive, Edgewater, FL 32141

New Listing
$319,900
Property Type: Residential Income Bedrooms: 2 Baths: 2 Square Footage: 2,072 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $319,900 List Date: 6/26/2026 Last Modified: 6/26/2026

Overview

Description

Investor Alert! Excellent opportunity to own a full 2-unit duplex in Florida Shores! One unit is vacant and ready to rent or occupy, while the other is leased through December 2026 at $900/month, providing immediate income, with excellent potential to increase cash flow upon lease renewal or future value-add improvements. Built in 2002, new roof in 2021, 2,040 total sqft., and priced to sell! No HOA, strong rental demand, and an ideal opportunity to generate cash flow while building long-term equity. Don't miss this one!

Listing Details MLS# 1227948

General Property Information

Number Of Units Total
2
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area
2040
Year Built
2002
Lot Size Acres
0.18
Lot Size Dimensions
80.0 ft x 100.0 ft
Association YN
No
CDD Fee YN
No
Directions
From Indian River Blvd, go South on Guava Dr, left on 22nd St, right on Fern Palm Dr, 2308 and 2310 are on the right.
Public Remarks
Investor Alert! Excellent opportunity to own a full 2-unit duplex in Florida Shores! One unit is vacant and ready to rent or occupy, while the other is leased through December 2026 at $900/month, providing immediate income, with excellent potential to increase cash flow upon lease renewal or future value-add improvements. Built in 2002, new roof in 2021, 2,040 total sqft., and priced to sell! No HOA, strong rental demand, and an ideal opportunity to generate cash flow while building long-term equity. Don't miss this one!
List Price/SqFt
156.81

Property Features

Appliances: Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer Construction Materials: Block; Concrete Cooling: Central Air Current Use: Multi-Family; Residential Flooring: Tile Heating: Central Listing Terms: Cash; Conventional Lock Box Type: Combo Lot Features: Few Trees Parking Features: Shared Driveway Possession: Close Of Escrow Roof: Membrane Sewer: Public Sewer Utilities: Cable Available Water Source: Public

Contract Information

Listing Contract Date
2026-06-25
Property Sub Type
Duplex

Location Tax and Legal

Street Number
2308
Street Name
Fern Palm
Street Suffix
Drive
County
Volusia
State
FL
Postal Code
32141
Subdivision Name
Florida Shores
MLS Area Major
80 - Edgewater

Status Change Information

Major Change Timestamp
2026-06-26T00:07:04Z
Major Change Type
New Listing

Unit 1 Details

Unit ID
2310
Unit SqFt
1020
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Vacant
Actual Rent
0

More Information

Unit 2 Details

Unit ID
2308
Actual Rent
900
Unit SqFt
1020
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Lease ends December 2026

Location, Tax, and Legal

Country
US
Parcel Number
8402-01-06-6060
Tax Annual Amount
4973.12
Tax Year
2025
Elementary School
Indian River
Middle School
New Smyrna Beach
High School
New Smyrna Beach
Tax Legal Description
LOTS 6606 & 6607 INC EXC W 25 FT BLK 217 FLORIDA SHORES UNIT 7 MB 23 PGS 117-118 INC PER OR 4735 PG 0470 PER OR 6741 PG 2818 PER OR 8379 PG 0716 PER OR 8498 PG 3801 PER OR 8535 PG 0738

Currently Not Used

Bedrooms Total
2
Bathrooms Full
2
Bathrooms Half
0
Bathrooms Total
2
Building Area Total
2072
Year Built
2002
New Construction YN
No
Garage YN
No
Carport YN
No
Pool Private YN
No

Lock Box Type

Combo
Yes

Appliances

Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes
Residential
Yes

Flooring

Tile
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Few Trees
Yes

Parking Features

Shared Driveway
Yes

Possession

Close Of Escrow
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Water Source

Public
Yes
Listing Office: Local Living Realty Group
Last Updated: June - 26 - 2026
Information deemed reliable but not guaranteed.

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