4-Unit Mixed-Use Complex (Residential Commercial)
Location, Location, Location. Multi use, over 5000 sq ft property located in Edgewater FL. This is a Live, Work, Play building, perfect for any business owner or investor that would like to have office space and warehouse storage in addition to being able to live/ house an employee on site. Amazing opportunity that has been a successful income producing property. Essentially there are 4 units A, B, C and D. There are two warehouse spaces that have access from the front and the back of the property via payload bays with attached front office space/ reception area and bathrooms. There are two residential units and unfinished storage spaces upstairs. One is a 1 bedroom studio with a full bathroom and living room kitchen space area. The studio is accessible via a private exterior staircase. The other upstairs unit is two bedrooms, one full bathroom and kitchen living area which is accessible from downstairs. It also has a separate exterior staircase access. Each downstairs unit has office/ flex space (roughly 2440 sq ft) and they have access to the separate warehouses. There is a road behind the property providing access to the warehouses and covered parking pad. In front of the property there are ample parking spaces. Just down the road from the building is one of the city parks on the intercoastal waterway. Launch kayaks at your leisure! This is an incredible opportunity. Rent rolls to be provided upon request.
Multi-Functional 4-plex a unique income producing - ½ Residential ½ Commercial property!
2-Apartments on 2nd floor; each Apartments has private entrance
One efficiency apartment on south side and one room apartment on north side
2- Office/Warehouse on 1st floor; each with loading dock with alley access. Each side has large Office/Showroom with restrooms, breakroom, large warehouse/working area. These are perfect for retail/wholesale, light manufacturing, tech company etc.
This building is immaculate, close to all amenities and located near the intersection of State Road 442 (Indian River Blvd) & US 1 in the City of Edgewater
5-minutes to I-95 & 10-minutes to the New Smyrna Beach
Sold for $559,000
$559,000
1814 Fern Palm Dr, Edgewater, FL 32132
7beds
5,100sqft
MultiFamily
Built in 1988
-- sqft lot
$588,000 Zestimate®
$110/sqft
$2,996 Estimated rent
Home value
$588,000
$523,000 - $659,000
$2,996/mo
Zestimate® history
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$3,833/mo
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List your homeWhat's special
Studio apartmentClose to all amenitiesWalk-in closet
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 2
- 1/2 bathrooms: 4
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher
- Laundry: None
Features
- Flooring: Tile, Carpet, Concrete
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,100 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Cement / Concrete, Metal
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 10,000 Square Feet
Details
- Parcel number: 840201004430
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Metal
Condition
- Year built: 1988
Community & HOA
Location
- Region: Edgewater
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $462,702
- Annual tax amount: $5,442
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2025 | Sold | $559,000+212.3%$110/sqft |
Source: Public Record Report a problem | ||
| 9/1/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/23/2022 | Listed for rent | $850 |
Source: Zillow Rental Manager Report a problem | ||
| 7/1/2016 | Sold | $179,000-25.4%$35/sqft |
Source: Public Record Report a problem | ||
| 2/8/2016 | Listing removed | $239,900$47/sqft |
Source: The Keyes Company, Realtors Report a problem | ||
| 1/29/2016 | Price change | $239,900-4%$47/sqft |
Source: The Keyes Company, Realtors Report a problem | ||
| 1/1/2016 | Price change | $249,900-3.8%$49/sqft |
Source: The Keyes Company, Realtors Report a problem | ||
| 12/4/2015 | Listed for sale | $259,900+79.2%$51/sqft |
Source: The Keyes Company, Realtors Report a problem | ||
| 6/14/2011 | Sold | $145,000-42%$28/sqft |
Source: Public Record Report a problem | ||
| 9/20/2005 | Sold | $250,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,442 +36.7% | $462,702 +120.9% |
| 2024 | $3,981 +8.1% | $209,491 +10% |
| 2023 | $3,681 +9.4% | $190,446 +10% |
| 2022 | $3,366 | $173,133 +6.6% |
| 2021 | -- | $162,472 -3.7% |
| 2020 | $3,472 | $168,634 +8.7% |
| 2019 | $3,472 +5.2% | $155,094 +0.2% |
| 2018 | $3,299 -1.8% | $154,774 +8.6% |
| 2017 | $3,358 +4.8% | $142,568 -17.3% |
| 2016 | $3,205 -22.1% | $172,493 +3.1% |
| 2015 | $4,114 +13.7% | $167,253 +9.1% |
| 2014 | $3,618 | $153,296 |
Find assessor info on the county website
Neighborhood: 32132
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Nearby schools
GreatSchools rating
- 8/10Edgewater Public SchoolGrades: PK-5Distance: 0.9 mi
- 5/10New Smyrna Beach Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10New Smyrna Beach High SchoolGrades: PK,9-12Distance: 2.9 mi
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Estimated market value
$588,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,000
- Florida
- Volusia County
- Edgewater
- 32132
- 1814 Fern Palm Dr