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Active under contract
  • Price cut: $49K (5/26)
    $450,000

    121 E Palm Way, Edgewater, FL 32132

    4beds
    1,964sqft
    : 
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    Single Family Residence, Residential
    Built in 1946
    10,018 Square Feet Lot
    $432,600 Zestimate®
    $229/sqft
    $-- HOA

    What's special

    Drive-on beach accessInviting wood-burning fireplace
    Unique property offering flexibility for an extended family or a strong investment opportunity--located just a few homes from the Intracoastal Waterway. The charming 1946 main house features 2 bedrooms and 2 bathrooms, highlighted by an inviting wood-burning fireplace. A separate, unattached 1-bedroom, 1-bath cottage with a kitchenette provides the perfect space for guests, in-laws, or rental income. An oversized detached garage includes openers, a full bath, and an efficiency suite above--complete with its own kitchenette and full bath--adding even more income or living potential. Imagine a property where everyone can enjoy their own private space, or where rental units help offset your living expenses. (Currently, the main house and cottage are tenant occupied.) There's plenty of room for all your toys, whether it's boats, kayaks, or recreational vehicles. Start your mornings with coffee and a short walk to nearby parks to catch a beautiful sunrise or spend the day on the water with easy access to boat and kayak launches, abundant wildlife, and excellent fishing in the estuary, Intracoastal, or Atlantic Ocean. Just minutes from the sandy shores of New Smyrna Beach, you'll enjoy drive-on beach access, incredible bird and dolphin watching, and some of the best surfing on the East Coast. The area offers endless activities, from festivals, art shows, and wine walks to parades and classic car shows--plus a wide variety of unique restaurants and shops. Conveniently located with easy access to Interstate 95, you're a short drive from Daytona Beach (racing, biking, off-road adventures), St. Augustine, Orlando attractions (about an hour+), and even rocket launches from Cape Canaveral. Live the ultimate Florida lifestyle with both river and beach access, flexible living options, and excellent rental potential. What's not to love? Contact me today for more details or to schedule a showing.
    76 days
    |
    456
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    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rustie Howell-Reilly 386-314-1205,

    Weichert Realtors, Hallmark Properties

    Source: DBAMLS,MLS#: 1225371MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 5
      Bedroom 1
      • Description: Carpet
      • Level: Main
      • Area: 160 Square Feet
      • Dimensions: 16.00 x 10.00
      Kitchen
      • Description: Ceramic Tile
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12.00 x 8.00
      Living room
      • Description: Luxury Vinyl
      • Level: Main
      • Area: 320 Square Feet
      • Dimensions: 20.00 x 16.00
      Heating
      • Electric
      Cooling
      • Central Air, Wall/Window Unit(s)
      Appliances
      • Included: Washer, Refrigerator, Microwave, Electric Water Heater, Electric Range, Dryer, Dishwasher
      • Laundry: In Garage
      Features
      • Ceiling Fan(s), Open Floorplan, Primary Downstairs
      • Flooring: Carpet, Tile, Vinyl
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,910
      • Total interior livable area: 1,964 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Deck, Patio
      • Fencing: Privacy
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 75.0 ft x 139.0 ft
      Details
      • Additional structures: Guest House
      • Parcel number: 745214000550

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence, Residential
      Materials
      • Concrete, Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1946

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not on the List
      HOA
      • Has HOA: No
      Location
      • Region: Edgewater

      Financial & listing details

      • Price per square foot: $229/sqft
      • Tax assessed value: $568,262
      • Annual tax amount: $8,209
      • Date on market: 4/17/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $432,600

        $411,000 - $454,000

        $3,564/mo

        Price history

        DateEventPrice
        6/9/2026Pending sale$450,000$229/sqft
        Source: Stellar MLS #NS1087973 Report a problem
        6/9/2026Contingent$450,000$229/sqft
        Source: DBAMLS #1225371 Report a problem
        5/26/2026Price change$450,000-9.8%$229/sqft
        Source: DBAMLS #1225371 Report a problem
        4/17/2026Listed for sale$499,000+117%$254/sqft
        Source: Stellar MLS #NS1087973 Report a problem
        5/21/2018Sold$230,000-13.2%$117/sqft
        Source: Public Record Report a problem
        4/23/2018Listed for sale$265,000$135/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        3/6/2018Listing removed$265,000$135/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        2/9/2018Price change$265,000-3.6%$135/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        2/2/2018Price change$274,900-1.8%$140/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        11/16/2017Price change$279,9000%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        11/9/2017Price change$280,000+0%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        9/6/2017Listed for sale$279,900+3.7%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        7/8/2017Listing removed$269,900$137/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        7/5/2017Price change$269,900-3.6%$137/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        5/29/2017Price change$279,9000%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        5/12/2017Price change$280,000+0%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        5/1/2017Price change$279,990+0%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        3/29/2017Listed for sale$279,900+330.6%$143/sqft
        Source: Kincaid Realty Inc. #1032239 Report a problem
        5/20/2002Sold$65,000+67.1%$33/sqft
        Source: Public Record Report a problem
        10/1/1993Sold$38,900$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,209 +5%$436,077 +22.6%
        2024$7,819 +16.2%$355,666 +10%
        2023$6,727 +10.9%$323,333 +10%
        2022$6,066 $293,939 +10%
        2021-- $267,217 -0.3%
        2020$5,520 $268,114 +1.8%
        2019$5,520 -1.5%$263,398 -3%
        2018$5,603 +12.3%$271,591 +5.7%
        2017$4,987 $256,850 +15.7%
        2016-- $222,013 +9%
        2015$4,511 +12%$203,718 +0.2%
        2014$4,027 $203,366 +16.4%
        2013-- $174,682 +45.4%
        2012-- $120,136 +16.5%
        2011-- $103,105 +1.5%
        2010-- $101,581 +2.7%
        2009-- $98,910 +15.5%
        2006-- $85,648 +6.1%
        2005-- $80,731 +3%
        2004-- $78,380 +87%
        2003-- $41,914 +30.1%
        2002-- $32,209 +1.6%
        2001-- $31,702 +3%
        2000-- $30,779

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32132

        Getting around

        47 / 100
        Car-Dependent
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Edgewater
        • Middle: New Smyrna Beach
        • High: New Smyrna Beach

        Source: DBAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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