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Sold for $185,000
  • $185,000

    416 Shangri La Cir, Edgewater, FL 32132

    2beds
    1,113sqft
    Duplex, Multi Family
    Built in 1984
    -- sqft lot
    $185,000 Zestimate®
    $166/sqft
    $1,555 Estimated rent

    Home value

    $185,000

    $172,000 - $200,000

    $1,555/mo

    Zestimate® history
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    $1,377/mo

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    What's special

    Private patioQuiet established neighborhoodCompact yard
    Virtually Staged. Affordable Coastal Living or Smart Investment Opportunity If you’ve been searching for an inexpensive way to get into the Edgewater market, this is your opportunity. Whether you’re looking to live affordably near the coast or secure a property with strong rental potential, this 2-bedroom, 2-bath half-duplex delivers value without the high price tag. Tucked into a quiet, established neighborhood just minutes from the river, beaches, shopping, and local dining, this home offers a simple, practical lifestyle in a highly convenient location—where your dollar goes further and your options stay open. Now choose your path: If your goal is low-cost, easy living, you’ll appreciate the bright, open layout where the kitchen and living areas connect seamlessly. It’s a functional space that feels comfortable and efficient—perfect for everyday living without unnecessary upkeep or expense. If flexibility matters, the two-bedroom layout gives you options: a primary bedroom, guest space, or home office setup—whatever fits your lifestyle best without paying for unused square footage. If your focus is low maintenance and low overhead, the private patio and compact yard keep things simple. Enjoy your morning coffee or unwind in the evening without the burden of heavy yard work or high maintenance costs. If you’re thinking investment or rental income, the location and layout make this a strong, budget-friendly option. Close to major routes, local employers, and coastal attractions, it’s the kind of property that works well for long-term tenants, seasonal renters, or a simple buy-and-hold strategy. Whether you’re a first-time buyer trying to keep costs down, someone looking to downsize and simplify, or an investor seeking an affordable entry point into a growing coastal area, this property makes financial sense from multiple angles. Come see how far your budget can go—and choose the version of coastal living that works for you.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marina Owens 386-409-1316,

    ENGEL & VOLKERS NEW SMYRNA 386-213-6899,

    Albert Amalfitano 386-315-1321,

    ENGEL & VOLKERS NEW SMYRNA

    Bought with:

    Glenn Moore, 3612158

    LOCAL LIVING REALTY GROUP

    Source: Stellar MLS,MLS#: NS1086051MLS LogoOriginating MLS: New Smyrna Beach Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Kitchen
    • Level: First
    • Area: 64 Square Feet
    • Dimensions: 8x8
    Living room
    • Features: Built-in Closet
    • Level: First
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Range, Refrigerator
    • Laundry: In Garage
    Features
    • Primary Bedroom Main Floor, Thermostat
    • Flooring: Laminate
    • Windows: Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 1,644
    • Total interior livable area: 1,113 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    Lot
    • Size: 5,320 Square Feet
    Details
    • Parcel number: 743317000360
    • Zoning: 07R4
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Concrete, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: SHANGRI LA VILLAGE
    HOA
    • Has HOA: Yes
    • HOA fee: $13 monthly
    • HOA name: Shangri la village HOA Susan Beaudoin
    • HOA phone: 518-577-0471
    Location
    • Region: Edgewater

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $196,584
    • Annual tax amount: $1,230
    • Date on market: 9/24/2025
    • Cumulative days on market: 257 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/17/2026Sold$185,000$166/sqft
    Source: Stellar MLS #NS1086051 Report a problem
    6/9/2026Pending sale$185,000$166/sqft
    Source: Stellar MLS #NS1086051 Report a problem
    3/27/2026Price change$185,000-5.1%$166/sqft
    Source: Stellar MLS #NS1086051 Report a problem
    1/29/2026Price change$195,000-9.3%$175/sqft
    Source: Stellar MLS #NS1086051 Report a problem
    9/25/2025Listed for sale$215,000+49.4%$193/sqft
    Source: Stellar MLS #NS1086051 Report a problem
    9/1/2020Sold$143,900+41.1%$129/sqft
    Source: DBAMLS #1069772 Report a problem
    5/30/2019Sold$102,000$92/sqft
    Source: Public Record Report a problem
    3/8/2019Listed for sale$102,000+21.7%$92/sqft
    Source: DISCOM REALTY INC #V4906113 Report a problem
    12/3/2018Sold$83,800-15.4%$75/sqft
    Source: Public Record Report a problem
    12/31/2003Sold$99,000$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,253 +1.9%$139,874 +2.9%
    2024$1,230 +4.4%$135,932 +3%
    2023$1,178 -2.5%$131,973 +3%
    2022$1,209 $128,129 +3%
    2021-- $124,397 +4.1%
    2020$2,461 $119,521 +13.9%
    2019$2,461 +10.2%$104,936 +7.8%
    2018$2,232 +5.7%$97,322 +62.4%
    2017$2,112 +243.2%$59,910 +2.1%
    2016$615 -4.4%$58,678 +0.7%
    2015$644 -3.1%$58,270 +0.8%
    2014$664 $57,808 +1.5%
    2013-- $56,954 -10.1%
    2012-- $63,382 +3%
    2011-- $61,536 -16.6%
    2010-- $73,787 -13.4%
    2009-- $85,218 +1.2%
    2007-- $84,243 -0.5%
    2006-- $84,654 +6.1%
    2005-- $79,794 +3%
    2004-- $77,470 +34.3%
    2003-- $57,673 +2.4%
    2002-- $56,321 +1.6%
    2001-- $55,435 +3%
    2000-- $53,821
    Find assessor info on the county website

    Neighborhood: 32132

    Nearby schools

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

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

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    Estimated market value
    $185,000
    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
    $185,000