28.94426 -80.89276

3102-3104 India Palm Drive Edgewater, FL 32141

249291780 28.94426 -80.89276 3 /listing/249291780-150035040/3102-3104-india-palm-drive-edgewater-fl-32141 False 0 29900.0 102 1061730 False
  • $29,900
  • 80 x 125 lot
  • Est payment $160.51/mo

Property & Neighborhood Info

Courtesy Of Magnolia Properties

Vacant Land in Edgewater

Don't miss this GREAT INVESTMENT opportunity in a booming area. This offer includes 4 buildable MULTIFAMILY sites. A duplex on each site would be a total of 8 rental property incomes. With current rent values at an all time high, this is the chance to have your property create tremendous return on your investment for many years to come. These properties are being offered as a complete pkg. Potential building plans are available for review upon request. This property includes 1 multifamily site on India Palm Drive and 3 multifamily lots on Fern Palm, each priced at $42500. All locations are close to major shopping center, local eateries, the beaches, local schools and the new Whistle Stop Park. Approved Plans and Specs available for building 3/2 each side duplex units. With all four sites one could build a total of 8 dwellings allowing for superior rental income of approx. $1200 per month or $14400 per unit per yr and gross income for all 8 units would be $115,200 annual income.

Courtesy Of Magnolia Properties
  1. 80 x 125 Lot

Main Features

  • Listing Status: Active
  • County: Volusia
  • Zoning: R
  • Subdivision: Florida Shores
  • MLS Number:1061730

Additional Features

  • Acreage:
    • 0.23
  • Land Description:
    • Duplex Lot
  • Land Use:
    • Multi-Family
  • Waterfront:
    • None
  • Sewer:
    • Available
  • Road:
    • Asphalt
  • Road Frontage:
    • 80
  • Water:
    • Available
  • Maintenance Fee:
    • 0.00
  • Special Conditions:
    • None
  • Tax ID:
    • 8402-01-07-6050
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Robin Adney
Robin Adney
Realtor
1100 Dunlawton Ave Port Orange FL 32127
28.94426 -80.89276

3102-3104 India Palm Drive Edgewater, FL 32141

249291780 28.94426 -80.89276 3 /listing/249291780-150035040/3102-3104-india-palm-drive-edgewater-fl-32141 False 0 29900.0 102 1061730 False
  • $29,900
  • 80 x 125 lot
  • Est payment $160.51/mo