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.
Active under contract
Price cut: $49K (5/26)
$450,000
121 E Palm Way, Edgewater, FL 32132
4beds
1,964sqft
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
- 76 days |
- 456 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Rustie Howell-Reilly 386-314-1205,
Weichert Realtors, Hallmark Properties
Source: DBAMLS,MLS#: 1225371
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
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Pending sale | $450,000$229/sqft |
Source: | ||
| 6/9/2026 | Contingent | $450,000$229/sqft |
Source: | ||
| 5/26/2026 | Price change | $450,000-9.8%$229/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $499,000+117%$254/sqft |
Source: | ||
| 5/21/2018 | Sold | $230,000-13.2%$117/sqft |
Source: Public Record Report a problem | ||
| 4/23/2018 | Listed for sale | $265,000$135/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 3/6/2018 | Listing removed | $265,000$135/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 2/9/2018 | Price change | $265,000-3.6%$135/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 2/2/2018 | Price change | $274,900-1.8%$140/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 11/16/2017 | Price change | $279,9000%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 11/9/2017 | Price change | $280,000+0%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 9/6/2017 | Listed for sale | $279,900+3.7%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 7/8/2017 | Listing removed | $269,900$137/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 7/5/2017 | Price change | $269,900-3.6%$137/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 5/29/2017 | Price change | $279,9000%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 5/12/2017 | Price change | $280,000+0%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 5/1/2017 | Price change | $279,990+0%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 3/29/2017 | Listed for sale | $279,900+330.6%$143/sqft |
Source: Kincaid Realty Inc. #1032239 Report a problem | ||
| 5/20/2002 | Sold | $65,000+67.1%$33/sqft |
Source: Public Record Report a problem | ||
| 10/1/1993 | Sold | $38,900$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $30,779 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 8/10Edgewater Public SchoolGrades: PK-5Distance: 0.5 mi
- 5/10New Smyrna Beach Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10New Smyrna Beach High SchoolGrades: PK,9-12Distance: 1.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Volusia County
- Edgewater
- 32132
- 121 E Palm Way





