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416 SHANGRI LA CIRCLE

For Sale
$185,000

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-$30K (2026/03/26)
250 days
2 bds
2 ba
1,113 sqft

Overview

One or more photo(s) has been virtually staged. Affordable Coastal Living or Smart Investment Opportunity If you’ve been searching for an inexpensive way to get into the Edgewater market, this is your opportunity. Whether you’re looking to live affordably near the coast or secure a property with strong rental potential, this 2-bedroom, 2-bath half-duplex delivers value without the high price tag. Tucked into a quiet, established neighborhood just minutes from the river, beaches, shopping, and local dining, this home offers a simple, practical lifestyle in a highly convenient location—where your dollar goes further and your options stay open. Now choose your path: If your goal is low-cost, easy living, you’ll appreciate the bright, open layout where the kitchen and living areas connect seamlessly. It’s a functional space that feels comfortable and efficient—perfect for everyday living without unnecessary upkeep or expense. If flexibility matters, the two-bedroom layout gives you options: a primary bedroom, guest space, or home office setup—whatever fits your lifestyle best without paying for unused square footage. If your focus is low maintenance and low overhead, the private patio and compact yard keep things simple. Enjoy your morning coffee or unwind in the evening without the burden of heavy yard work or high maintenance costs. If you’re thinking investment or rental income, the location and layout make this a strong, budget-friendly option. Close to major routes, local employers, and coastal attractions, it’s the kind of property that works well for long-term tenants, seasonal renters, or a simple buy-and-hold strategy. Whether you’re a first-time buyer trying to keep costs down, someone looking to downsize and simplify, or an investor seeking an affordable entry point into a growing coastal area, this property makes financial sense from multiple angles. Come see how far your budget can go—and choose the version of coastal living that works for you.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1984
Lot:
0.12 Acres
Heating:
Central / Electric
Price/sqft:
$166
Cooling:
Central Air
HOA:
$150

Valuation

Our model vs. what's actually selling nearby.
Estimate
$234,450
$212K – $345K
Confidence Low
List vs. estimate
$49K below estimate
List $185,000 · -21.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$166
-20.3% vs. city median $208
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,230
2024
HOA
$150/yr
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Primary Bedroom Main Floor

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Hurricane Shutters

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 743317000360

    • Zoning: 07R4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

  • Other financial information

    • HOA: $150

    • HOA Frequency: Annually

    • Annual tax amount: $1,230

  • Source details

    • MLS ID: NS1086051

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Direction Faces: East

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1113

    • Water Source: Public

    • Subdivision Name: SHANGRI LA VILLAGE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ENGEL & VOLKERS NEW SMYRNA