$185,000
●
House -
Off Market
2911 VISTA PALM DRIVE
EDGEWATER, FL 32141
4 Beds
2 Baths
1,616 Ft²
$1,372
Est. Monthly
About This Property
Unlock the value in this 4-bedroom, 2-bath single-family home
located in the highly sought-after Edgewater community. This
property is a true "blank canvas," perfectly suited for an investor
or a skilled handyman ready for a complete restoration project. In
need of full rehabilitation and modern updates. Electricity and
water are currently disconnected. This is a CASH ONLY sale. The
property is being sold in AS-IS condition and MUST BE LISTED ON THE
MLS FOR 3 DAYS before offers will be submitted. Please submit all
offers using the FARBAR As-is contract (Rev. 2/26 or most current).
Proof of Funds required with the submission of all offers. The
seller is requesting "Highest and Best" offer terms. A 10% Escrow
Deposit (EMD) is required for all cash offers and will be held by
the listed closing agent. All MLS information is deemed reliable
but not guaranteed. The Buyer and Buyer's Agent are responsible for
independently verifying all property details and specifications.
Please submit all offers directly to the Listing Agent's email.
Unit Size
1,616 Ft²
Days on Market
22 days
Land Size
0.18 acres
Price per sqft
$124
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
2000
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Stellar MLS #V4948391)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by WATSON REALTY CORP | $199,900 | |
| Listed by WATSON REALTY CORP | |||
| Sep 16, 2025 | Price Decreased |
$199,900
↓ $20K
(9.1%) | |
| Price Decreased | |||
| Sep 8, 2025 | Listed | $219,900 | |
| Listed | |||
| | |||
|
Block construction home offering 4 bedrooms and 2 bathrooms with no HOA. Located in the desirable Florida Shores community, this property is close to schools, shopping, riverfront parks, a dog park, and public boat launches. Just minutes from the beach, this location makes for an excellent fix-and-flip, rental, or primary residence.
With solid bones and a prime location, this home presents strong potential for investors looking to add value. Being sold as-is, cash or hard money only.
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Florida Shores
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Listed by: Guy Kinsman
WATSON REALTY CORP
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# V4948391
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
WATSON REALTY CORP
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# V4948391
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017