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420-428 PALMETTO STREET

Lots/Land For Sale
$559,000

BTC: 8.73437500

ETH: 350.53834915

11 days
0 room(s)

Overview

SUBJECT PROPERTY CONSISTS OF EIGHT TOTAL LOTS ON EITHER SIDE OF PALMETTO STREET IN EDGEWATER, FLORIDA. THESE INDIVIDUAL PARCELS ARE ALL "ZONED R-5" AND CAN BE DEVELOPED INTO EITHER SINGLE FAMILY OR DUPLEX UNIT FAMILY HOMES PER THE CITY OF EDGEWATER'S CURRENT ZONING AND USE. THE PARCELS ARE EACH AN AVERAGE OF ~55 FOOT IN WIDTH BY ~110 FOOT IN DEPTH REQUIRING TWO LOTS FOR DEVELOPMENT PER THE MINIMUM 75' WIDTH REQUIREMENT BASED ON THE CITY'S FUTURE LAND USE PLAN. THE LOTS CAN BE RECONFIGURED TO ACCOMMODATE SEVERAL DUPLEX UNITS FOR CONDOMINIUM & SALE PURPOSES, OR AS INDIVIDUAL INVESTOR-HELD RENTAL UNITS.

Location

Florida • EDGEWATER • 32132 • Lots/Land • For Sale

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.11 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$525,000
$405K – $660K
Confidence Low
List vs. estimate
$34K above estimate
List $559,000 · +6.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,256
2026
All facts and features

  • Lot

    • Lot: 1.11 Acres

    Other Property Information

    • Parcel Number: 00745004000240

    • Zoning: R-5

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Public

    • Sewer Available

    • Sewer Nearby

    • Water Available

    • Water Nearby

  • Other financial information

    • Annual tax amount: $4,256

  • Source details

    • MLS ID: NS1088645

    Other facts

    • Lot Features: Cul-De-Sac

    • Direction Faces: East

    • Water Source: Public

    • Lot Size Dimensions: ~55' x ~110' (EACH)

    • Subdivision Name: POINTERS SUB NO. 1

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32132
59
median $378K
Active
Same city
EDGEWATER
212
median $334K
Active
Same type
Lots/Land
50
median $250K
Active
Similar price
$391K – $726K
45
median $450K
Active

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: SALTY CITY REALTY