Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    211 N Riverside Dr Edgewater, FL 32132

    View on Map
    Sponsored
    For Sale
    $850,000

    LAND - Edgewater, FL

    Lot size:
    0.54 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 10 at 11:06 am

    Property Features for 211 N Riverside Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    7452-00-00-0020
    Lot size
    0.54 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    River Front, River Access, Navigable Water
    Water front
    1

    Building Details

    Additional Structures
    Boat House

    We can help!

    Listing Contact
    April Inganna

    Engel & Volkers New Smyrna Beach (386) 213-6899

    Listing agent April Inganna (321) 288-9941

    Listing date Mar 7, 2026

    MLS# 1223853

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Lot on Riverside Drive

    This waterfront lot, situated along one of Edgewater's scenic stretches of Riverside Drive, presents an opportunity to build a custom home. The property spans just over half an acre from the Mean High-Water Line, featuring a buildable footprint exceeding 2,900 square feet, allowing for a thoughtfully designed residence with second-floor potential. Waterfront infrastructure is already in place, including a 220-foot composite deck leading to a newly constructed boathouse. The boathouse features a Golden Boat Lift rated for 10,000 pounds, constructed with premium aluminum and stainless-steel hardware. Environmental and soil testing have been completed, and water and electricity are already connected. The property is located along the Intracoastal Waterway, and George R. Kennedy Memorial Park and Boat Ramp is two minutes away. Shops and dining along Canal Street and Flagler Avenue in New Smyrna Beach are a short drive to the north, and Daytona International Speedway is less than thirty minutes north. The property is located in Edgewater, Florida, in Volusia County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.905898
    Latitude
    28.995601

    Nearby Similar for Sale

    • New
      $700,000
      0.23 Acres

      Turnkey Auto Repair Opportunity

      Established auto body business and real estate in Edgewater, Florida.
      2012 Guava Dr, Edgewater, FL 32141
      View Details
    • $465,000
      800 SF

      Edgewater Office/Warehouse Flex Space

      1600 SF office/warehouse combo near I-95 and US-1.
      702 W Park Ave, Edgewater, FL 32132
      View Details
    • $650,000
      Pending

      Edgewater Commercial Office Space For Sale

      Versatile commercial property on high-traffic US-1 in Edgewater, Florida.
      240 N Ridgewood Ave, Edgewater, FL 32132
      View Details
    • $689,900
      4,080 SF

      New Warehouse in Thriving District

      Pre-construction warehouse with high ceilings and multiple access points.
      2224 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $689,900
      4,000 SF

      New Warehouse in Thriving District

      Pre-construction warehouse in Edgewater, Florida with high potential.
      2224 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $565,000
      3,243 SF

      Edgewater Duplex with Garages

      Duplex in Edgewater, Florida, featuring garages and quality construction.
      2419 India Palm Dr, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      New Warehouse in Thriving District

      New 2500 sqft warehouse in Edgewater, FL, ready March 2026.
      2421 Guava Dr, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      New Warehouse in Thriving District

      New 2600+ sqft warehouse in Edgewater, FL, ready March 2026.
      2421 Guava Dr Guava St, Edgewater, FL 32141
      View Details
    • $689,900

      New Warehouse in Thriving District

      New 4000+ sq ft warehouse in Edgewater, Florida.
      2224 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $79,900
      0.12 Acres

      Edgewater Land with Intracoastal Access

      Land with Intracoastal access, amenities, and space for new home.
      4339 Cedar Way, Edgewater, FL 32141
      View Details
    • $165,000

      Adaptable Warehouse/Office Unit in Edgewater

      Versatile warehouse/office unit in Edgewater's B-2 Business District.
      2417 Guava Dr, Edgewater, FL 32141
      View Details
    • $1,100,000

      Edgewater Office/Warehouse Investment Opportunity

      Office/warehouse space in Edgewater, suitable for investors or owner-users.
      328 North Ridgewood Ave, Edgewater, FL 32132
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Buildable waterfront lot with boathouse in Edgewater, Florida.
    Where is this waterfront land located?
    The property is located at 211 N Riverside Dr Edgewater, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Waterfront lot on Riverside Drive with Intracoastal Waterway access.; - Existing waterfront infrastructure: **220-foot composite deck and new boathouse with 10,000-pound Golden Boat Lift.**; - Large buildable area: Over half an acre with a footprint exceeding 2,900 square feet, allowing for a spacious custom home.
    (321) 288-9941
    Request Owner's contact information
    211 N Riverside Dr Edgewater, FL 32132
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    211 N Riverside Dr
    Edgewater, FL 32132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 N Riverside Dr Edgewater, FL 32132
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    April Inganna
    (321) 288-9941
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!