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26-Unit Apartment Property

111-113 W TURGOT Avenue, Edgewater, FL 32132

For Sale
New
$4,500,000

Commercial Sale, EDGEWATER, FL

Property Size704 SF
Lot Size1.34 Acres
Price / SF$6,392
Days on Market6

Property Features for 111-113 W TURGOT Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision EDGEWATER VILLAS
Directions I-95 Exit 244 (SR 442), east on Indian River Blvd to US-1, left (north) on US-1, left (west) on W Turgot Ave. Property on W Turgot just west of US-1.
Standard status Active
APN 743321110010
Size 704 SF
Lot size 1.34 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 111-1 EDGEWATER VILLAS CONDO PER OR 5992 PG 4538 PER OR 6077 PG 1090 PER OR 7819 PG 4003 PER OR 7960 PG 2709 PER OR 8271 PG 2576
Tax Annual Amount 1385
Legal Description UNIT 111-1 EDGEWATER VILLAS CONDO PER OR 5992 PG 4538 PER OR 6077 PG 1090 PER OR 7819 PG 4003 PER OR 7960 PG 2709 PER OR 8271 PG 2576

Utilities

Cooling system Central Air

Building Details

Year built 1984
Number of units 26
Building materials Frame
Roof type Shingle
Buildings 2
Listing Agency: FATHOM REALTY FL LLC
Listed By: Marcus Moore, II · License #3481041
Added: Nov 2 Changed: Nov 7 Last Checked: Nov 7 at 3:06AM
MLS# G5119850

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

In Edgewater, this 26-unit apartment property comprises two separate two-story buildings, with 10 units in one and 16 in the other. Each apartment has two bedrooms and one bathroom. The property occupies 1.34 acres and was built in 1984.

Recent work includes replacement of both roofs in March 2026, exterior improvements and repainting in early 2025, and HVAC replacements in most units within the past three years. A total of 21 apartments were renovated between 2023 and 2026; five remain unrenovated. Current occupancy is 24 of 26 units.

Key Highlights

  • 26 apartments across two buildings: 10 units and 16 units
  • Every unit has 2 bedrooms and 1 bathroom
  • 21 unit renovations completed between 2023 and 2026; 5 units remain

Property Analytics

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Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 32132, FL

8,189
Population
4,266
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$53,860
Median Household Income
$34,816
Median Earnings
$1,316
Median Rent
$234,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Volusia County, FL

$350 Jul
$391 Aug
$359 Sep
$342 Oct

Properties on Market for Apartment buildings in Volusia County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story buildings offer consistent two-bedroom, one-bath layouts across the property.
Where is this apartment building located?
The property is located at 111-113 W TURGOT Avenue Edgewater, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 26 apartments across two buildings: 10 units and 16 units; Every unit has 2 bedrooms and 1 bathroom; 21 unit renovations completed between 2023 and 2026; 5 units remain
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