End-Unit
416 VILLAGE CT, Edgewater, FL 32132
For Sale
$270,000
Two enclosed patios, a garage, and an updated kitchen add useful indoor and outdoor features.
Property Size1,201 SF
Price / SF$224.81
Days on Market53
Property Features for 416 VILLAGE CT
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
enclosed patio
Building Details
Building Size
Year Built
Buildings
Listing Agency:
OCEAN PROPERTIES & MANAGEMENT
Listed By:
Kelley DeSoto · License #3012908
(386) 428-0975
Source:
Coastalventures
Added: Sep 18
Changed: Nov 7
Last Checked: Nov 8 at 12:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OCEAN PROPERTIES & MANAGEMENT
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Investment Insights
Based on property information with market context.
This 1,201-square-foot duplex has two bedrooms and two bathrooms, with an open living, dining, and kitchen area. The kitchen features southern pine countertops, painted cabinetry with updated pulls, and a granite sink with a new faucet. The primary bedroom includes a private bathroom, while the second bedroom can serve as a guest room or office. Two enclosed patios provide additional usable space, and the one-car garage includes laundry and storage areas.
The end unit sits on a cul-de-sac. Built in 1985, the property combines private outdoor areas with a practical two-bedroom layout.
The end unit sits on a cul-de-sac. Built in 1985, the property combines private outdoor areas with a practical two-bedroom layout.
Key Highlights
- Two‑bedroom, two‑bathroom duplex with 1,201 square feet
- End unit on a cul‑de‑sac
- Two enclosed patios
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,152
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,040
$183.0K
Cap Rate 7%
$130,743
$130.7K
Cap Rate 9%
$101,689
$101.7K
Market Conditions
NOI Build-Up for 1,201 SF
Gross rent
$18.6K $15.48/SF
− Vacancy
−$2.0K −$1.63/SF
EGI
$16.6K $13.85/SF
− OpEx
−$7.5K −$6.23/SF
NOI
$9.2K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,040
Cap Rate 7%
$130,743
Cap Rate 9%
$101,689
Alternative Uses
Best Use
Apartment 5plus
$130.7K
$114.4K – $152.5K
NOI $9,152 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.1K
$309.9K – $413.2K
NOI $24,789 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
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Business Placement
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
$234,900
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Edgewater, FL
Properties on Market for Residential income properties in Edgewater
Frequently Asked Questions
What type of property is this?
Residential income property - Two enclosed patios, a garage, and an updated kitchen add useful indoor and outdoor features.
Where is this residential income property located?
The property is located at 416 VILLAGE CT Edgewater, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom duplex with 1,201 square feet; End unit on a cul‑de‑sac; Two enclosed patios
