$849,900
2 Beds
1 Bath
947 sqft
114 E Park Ave, Edgewater, FL 32132
Est. Mortgage $5,637/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 85% nearby.
Home Highlights
Parking
Garage
Price/Sqft
$897
Climate Control
Electric & Wall Units
Listed
45 days ago
Local Information
- Map ViewExplore the area around 114 E Park Ave.
- Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
An investment opportunity is only as valuable as the number of ways it can create returns. This three-parcel assemblage in the heart of Edgewater delivers exactly that. Offered as a single sale, 108, 112, and 114 E Park Avenue encompass approximately 25,850 square feet (0.59± acres) of contiguous land just moments from the Indian River, creating a rare mixed-use opportunity in one of East Volusia County's most active waterfront corridors. Whether your strategy is cash flow, redevelopment, business expansion, or long-term land appreciation, this package offers multiple paths to value creation.
The commercial anchor at 108 E Park Avenue is currently operating as a 1,592-square-foot bait and tackle shop, thoughtfully divided into three functional spaces and positioned on the direct route to George R. Kennedy Memorial Park's public boat launch, fishing pier, and kayak launch, where anglers, boaters, and paddlers access the Indian River Lagoon every day. Edgewater has also earned recognition as Volusia County's first designated Blueway Community, drawing outdoor recreation enthusiasts year-round. The existing business benefits from built-in waterfront traffic, but the commercial zoning creates opportunities far beyond its current use. A marine supply store, kayak or paddleboard outfitter, fishing charter headquarters, waterfront café, grab-and-go seafood market, boat accessory retailer, bicycle rental operation, outdoor apparel shop, or specialty convenience concept could all capitalize on the property's location. Alternatively, the structure may be converted back to residential use (subject to applicable approvals), allowing investors to incorporate it into a three-home rental portfolio.
Adjacent to the commercial parcel, 112 E Park Avenue features a charming 1925-built, 2-bedroom, 1-bath residence offering 716 square feet on a 50' × 139' lot, while 114 E Park Avenue (1940-built) includes a 947-square-foot, 2-bedroom, 1-bath home with a bonus room, private pool, and sits on a 100' × 139' double lot. The additional land creates immediate flexibility for expansion, construction of an additional residence (subject to approvals), enhanced outdoor amenities, or future redevelopment.
The true value, however, lies in the assemblage itself. Opportunities to acquire nearly 0.60 acres of contiguous property in Edgewater's established waterfront district are increasingly difficult to replicate. Investors can continue operating the existing improvements for immediate income while planning future development, reposition the entire site into a cohesive residential rental portfolio, modernize the commercial component to serve the area's growing boating community, or pursue a comprehensive redevelopment strategy for new commercial or residential construction, subject to municipal approvals.
Location further strengthens the investment thesis. The property sits minutes from the Indian River Lagoon and Intracoastal Waterway, with convenient access to Menard-May Park, George Kennedy Memorial Park, and additional public boat ramps that support one of Florida's most active boating and inshore fishing communities. Nearby restaurants, local businesses, parks, and waterfront recreation continue to draw both residents and visitors, while New Smyrna Beach, Canal Street, and I-95 remain just a short drive away. The combination of waterfront recreation, year-round outdoor tourism, and Edgewater's continued residential and commercial growth continues to fuel demand for both housing and neighborhood-serving businesses.
For investors seeking more than a single asset, this offering represents a strategic acquisition with multiple existing income streams, commercial flexibility, redevelopment potential, and a location positioned to benefit from the continued growth of Florida's Indian River corridor. Opportunities with this level of optionality rarely come to market as one contiguous package.
The commercial anchor at 108 E Park Avenue is currently operating as a 1,592-square-foot bait and tackle shop, thoughtfully divided into three functional spaces and positioned on the direct route to George R. Kennedy Memorial Park's public boat launch, fishing pier, and kayak launch, where anglers, boaters, and paddlers access the Indian River Lagoon every day. Edgewater has also earned recognition as Volusia County's first designated Blueway Community, drawing outdoor recreation enthusiasts year-round. The existing business benefits from built-in waterfront traffic, but the commercial zoning creates opportunities far beyond its current use. A marine supply store, kayak or paddleboard outfitter, fishing charter headquarters, waterfront café, grab-and-go seafood market, boat accessory retailer, bicycle rental operation, outdoor apparel shop, or specialty convenience concept could all capitalize on the property's location. Alternatively, the structure may be converted back to residential use (subject to applicable approvals), allowing investors to incorporate it into a three-home rental portfolio.
Adjacent to the commercial parcel, 112 E Park Avenue features a charming 1925-built, 2-bedroom, 1-bath residence offering 716 square feet on a 50' × 139' lot, while 114 E Park Avenue (1940-built) includes a 947-square-foot, 2-bedroom, 1-bath home with a bonus room, private pool, and sits on a 100' × 139' double lot. The additional land creates immediate flexibility for expansion, construction of an additional residence (subject to approvals), enhanced outdoor amenities, or future redevelopment.
The true value, however, lies in the assemblage itself. Opportunities to acquire nearly 0.60 acres of contiguous property in Edgewater's established waterfront district are increasingly difficult to replicate. Investors can continue operating the existing improvements for immediate income while planning future development, reposition the entire site into a cohesive residential rental portfolio, modernize the commercial component to serve the area's growing boating community, or pursue a comprehensive redevelopment strategy for new commercial or residential construction, subject to municipal approvals.
Location further strengthens the investment thesis. The property sits minutes from the Indian River Lagoon and Intracoastal Waterway, with convenient access to Menard-May Park, George Kennedy Memorial Park, and additional public boat ramps that support one of Florida's most active boating and inshore fishing communities. Nearby restaurants, local businesses, parks, and waterfront recreation continue to draw both residents and visitors, while New Smyrna Beach, Canal Street, and I-95 remain just a short drive away. The combination of waterfront recreation, year-round outdoor tourism, and Edgewater's continued residential and commercial growth continues to fuel demand for both housing and neighborhood-serving businesses.
For investors seeking more than a single asset, this offering represents a strategic acquisition with multiple existing income streams, commercial flexibility, redevelopment potential, and a location positioned to benefit from the continued growth of Florida's Indian River corridor. Opportunities with this level of optionality rarely come to market as one contiguous package.
Last check for updates: 1 day ago
Listing courtesy of Michael Lockhart, (407) 484-8321
Oceans Luxury Realty Full Service LLC
Kevin Purucker, (386) 235-8190
Source: DBAMLS, MLS#1228658
Also Listed on DBAMLS.
We estimate this home will sell faster than 85% nearby.
Home Details for 114 E Park Ave
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MLS Status: Active |
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Interior Details Number of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Bathroom 1, Bonus Room, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 947 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Water ConnectedAppliances: Refrigerator, Microwave, Electric RangeMicrowaveRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Multi Units,Wall/Window Unit(s)Has HeatingHeating Fuel: Electric |
Gas & Electric Has Electric on Property |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View No View |
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Exterior Home Features Roof: OtherFoundation: Block |
Parking & Garage Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Carport,Detached |
Frontage Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront |
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Days on Market: 45 |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, Residential |
Building Construction Materials: Wood Siding, OtherNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 745214000080 |
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Price List Price: $849,900Price Per Sqft: $897 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: EdgewaterCommunity: Not In Subdivision |
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Listing Agent Listing ID: 1228658 |
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Not Senior Community |
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No HOA |
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Listing Terms: Cash, Conventional |
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Delayed Marketing Date: Wed Jul 15 2026Mls Number: 1228658 |
Around this home
What Locals Say about Edgewater
At least 173 Trulia users voted on each feature.
91 % Say car is needed
88 % Say it's dog friendly
84 % Say yards are well-kept
78 % Say parking is easy
70 % Say there's holiday spirit
65 % Say people would walk alone at night
64 % Say it's quiet
61 % Say neighbors are friendly
60 % Say kids play outside
58 % Say there's wildlife
54 % Say they plan to stay for at least 5 years
53 % Say it's walkable to grocery stores
42 % Say streets are well-lit
40 % Say there are sidewalks
35 % Say it's walkable to restaurants
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Edgewater
Last updated July 2026
Avg. sale price
$301K
$5KMoM
Sale-to-List Price
98.1%
0.5%MoM
Price per sq ft
$198
$6MoM
Available listings
196
23MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $190,000 | 05/15/26 | 2 | 1 | 832 | |
0.29 | Single-Family Home | $151,750 | 02/23/26 | 2 | 1 | 1,112 | |
0.25 | Single-Family Home | $160,000 | 10/02/25 | 3 | 1 | 1,014 | |
0.36 | Single-Family Home | $325,000 | 02/27/26 | 2 | 1 | 988 | |
0.12 | Single-Family Home | $320,000 | 09/26/25 | 2 | 2 | 1,124 | |
0.54 | Single-Family Home | $150,000 | 01/15/26 | 2 | 1 | 606 | |
0.51 | Single-Family Home | $292,000 | 01/23/26 | 2 | 1 | 994 | |
0.55 | Single-Family Home | $235,000 | 04/16/26 | 2 | 1 | 875 | |
0.71 | Single-Family Home | $55,000 | 03/26/26 | 3 | 1 | 966 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $849,900 | 2 | 1 | 716 | For Sale | |
0.03 | $442,000 | 3 | 2 | 1,668 | Recently Sold | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.08 | $750,000 | - | - | - | For Sale | |
0.08 | $269,300 | 2 | 2 | 1,082 | Off Market | |
0.12 | $322,200 | 3 | 2.5 | 1,330 | Off Market | |
0.09 | $223,800 | 2 | 1 | 776 | Off Market | |
0.09 | $395,000 | 4 | 5 | 1,964 | Recently Sold | |
0.13 | $789,000 | 3 | 2 | 2,344 | Off Market | |
0.13 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 15, 2026 Source: DBAMLS #1228658 | Listed For Sale | $849,900 |
Mar 29, 2003 Source: N/A | Sold | $70,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $618 | $186,827 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Lockhart, Oceans Luxury Realty Full Service LLC
Agent Phone: (407) 484-8321
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 114 E Park Ave
- What is the estimated monthly payment for 114 E Park Ave?Based on a $849,900 list price with 20% down at today's rates, the estimated monthly payment for 114 E Park Ave in Edgewater, FL is approximately $5,761 (about $4,439 principal & interest, $1,247 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 114 E Park Ave compare to homes in Edgewater?114 E Park Ave in Edgewater, FL is listed at $849,900, about 182% above the $301K median sale price in Edgewater.
- What do residents say about Edgewater?Residents describe Edgewater, FL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Edgewater, FL.
- What are the closest schools to 114 E Park Ave?The closest schools to 114 E Park Ave in Edgewater, FL are Edgewater Public School (Pre-K/Elementary, rated 8/10), New Smyrna Beach High School (Pre-K, rated 5/10), New Smyrna Beach Middle School (rated 5/10).
- Does 114 E Park Ave have air conditioning?Yes, 114 E Park Ave in Edgewater, FL has air conditioning.
- Does 114 E Park Ave have a garage?Yes, 114 E Park Ave in Edgewater, FL has a garage.
114 E Park Ave, Edgewater, FL 32132 is a 2 bedroom, 1 bathroom, 947 sqft single-family home built in 1940. This property is currently available for sale and was listed by DBAMLS on Jul 15, 2026. The MLS # for this home is MLS# 1228658.