Seller Financing
Address
122 Merrimac STREET, EDGEWATER, FL
Price
$ 369,000
Property Attributes
  • MLS#NS1081014
  • TypeSingle Family
  • CountyVOLUSIA
  • CityEDGEWATER
  • AreaEdgewater
  • NeighborhoodColby & Jepson Mendall Homestead
  • Zip32132
  • StyleSingle Family Residence
  • Year Built1940
  • Taxes$ 3742
  • Price$ 369,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1196
  • Lot Size8,276 SqFt
Data Source:
Stellar MLS
Property Description

Excellent opportunity to own this highly desired location between US1 and the river. Located in Edgewater just south of famous New Smyrna Beach this parcel offers close proximity to mutiple boat ramps, public parks, beaches, world famous fishing and more. Surrounded by upscale homes, this 70 x 120 parcel offers an excellent opportunity to renovate or build your brand new dream home. The existing interior of the structure is already cleared and ready for renovation. Utlities active to the property are city water, sewer and electricity. Natural gas is near by and may be available to this property. This is a perfect property for individuals looking to build a dream home, builders looking to build or investors looking for an opportunity to own an amazing location. This is the best priced property and opportunity in the NSB/Edgewater area to own your slice of paradise. Rooms and sizes are approximate to what previously existed. Interior walls are mostly removed. Buyers responsibility to verify measurments. Owner financing possible for qualified buyers. 32132 is a landlord friendly zip code. No minimum rental requirments making this an outstanding location to run a short term rental business.

Price History
3/24/2024 Listed $369,000

General Features

Interior Features Ninguno
Sewer Public Sewer
Heating None
Cooling None
Utilities Cable Available,Electricity Available,Electricity Connected,Fire Hydrant,Natural Gas Available,Phone Available,Public,Sewer Connected,Street Lights,Water Available,Water Connected
Roof Shingle
Appliances None
Exterior Features Private Mailbox,Storage
Zoning 07R2
Construction Materials Concrete,Wood Frame
Year Built 1940
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name COLBY & JEPSON MENDALL HOMESTEAD
Facing Direction North
Garage Y/N No
Total Rooms 8
Status Active
Directions From US1 east on Merrimac St. Or west on Merrimac from Riverside Dr.
City EDGEWATER
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 32132 - Edgewater
Lot Size Square Feet 8400
Private Pool No
Waterfront Y/N No
Carport Spaces 1
Carport Y/N Yes
Street Name Merrimac
Listing Terms Cash,Conventional,Owner May Carry
Tax Annual Amount 3742.3
Public Remarks Excellent opportunity to own this highly desired location between US1 and the river. Located in Edgewater just south of famous New Smyrna Beach this parcel offers close proximity to mutiple boat ramp
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1081014
Days on Market 4
Standard Status Active
Tax Lot 11
Legal Description LOT 11 EXC W 50 FT & LOT 12 COLBY & JEPSON SUB MENDALL HOMESTEAD PER OR 2827 PGS 0572-0573 PER OR 6346 PGS 2314-2315 PER OR 6410 PGS 0902-0903 PER OR 8345 PG 3903
Minimum Lease 1-7 Days
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Concrete
Total Stories 1
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Full Baths 2
Street Suffix STREET
Laundry Features Outside,Washer Hookup
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Fencing Chain Link
Water Source None
Lot Size Area 8400
Foundation Details Slab
Building Area Total 1196
Lot Dimensions 70 x 120
Lot Size Acres 0.19
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32132

Price
AVG $490K
$370K
Taxes
AVG $3,382
$3,742
Visits
AVG 422
137
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1940

Areas We Cover