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1205 16TH STREET

For Sale
$409,900

BTC: 5.01560110

ETH: 166.62601626

30 days
4 bds
2 ba
2,304 sqft

Overview

Exceptional investment opportunity in the heart of Edgewater! This unique property features two homes on one parcel, offering flexibility for investors, multigenerational living or additional rental income. The property is tenant occupied, with the tenant recently renewing for another year, providing potential immediate rental income opportunity for the new owner. Conveniently between U.S. 1 and the Indian River, with easy access to shopping, dining, parks, boat ramps, and the beautiful beaches of New Smyrna Beach. Owner financing available. Buyer to verify lease terms and rental information.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1979
Lot:
0.34 Acres
Heating:
Central
Price/sqft:
$178
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$465,000
$372K – $802K
Confidence Low
List vs. estimate
$55K below estimate
List $409,900 · -11.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$177
-11.9% vs. city median $202
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,394
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    Other interior features

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: Multi/Split

    • Exterior Features: Private Yard / Sliding Doors

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 840300000197

    • Zoning: -

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • Electricity Available

    • Electricity Connected

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,394

  • Source details

    • MLS ID: NS1089217

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Direction Faces: North

    • Living Area: 2304

    • Water Source: Public

    • Lot Size Dimensions: 100 x 150

    • Subdivision Name: NONE

Private inquiry
Talk to the advisor on this listing.
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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: PREMIER SOTHEBY'S INTL. RLTY