2308 Fern Palm Drive
Edgewater, FL 32141

Listed at $319,900

Details

  • MLS# 1227948
  • Multi Unit - Multiple
  • Status Active
  • 2 Bedrooms
  • 2 full Bathrooms
  • 2,040 Square Feet
  • 0.180 acres
  • Built in 2002
  • Local Schools

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!

Features

  • Washer
  • Refrigerator
  • Electric Water Heater
  • Electric Range
  • Dryer
  • Central Air
  • Tile
  • Central
  • $4,973 Taxes
  • Public
  • Built in 2002
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Washer, Refrigerator, Electric Water Heater, Electric Range, Dryer
  • Cooling: Central Air
  • 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.
  • Exterior: Block, Concrete
  • Flooring: Tile
  • Heating: Central
  • Listing Terms: Cash, Conventional
  • Lot Description: Few Trees
  • Lot Dimensions: 80.0 ft x 100.0 ft
  • Lot Size: 0.18 Acres
  • Parcel #: 8402-01-06-6060
  • Parking: Shared Driveway
  • Property Attached Y/N: No
  • Property Sub-Type: Duplex
  • Roof Type: Membrane
  • Sewer: Public Sewer
  • SQFT Total: 2072
  • Taxes: $4,973
  • Units: 2
  • Utilities: Cable Available
  • Water: Public
  • Year Built: 2002