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2518 Fern Palm Drive
Edgewater FL 32141 US

$559,000

Active Listing ID 1228946
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6 bed
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4.00 Bath (4 Full)
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Lot: 0.28 Acres
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Duplex

$559,000

Active Listing ID 1228946
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2518 Fern Palm Drive Built in 2021, this fully occupied duplex presents an outstanding turnkey investment opportunity in the growing Edgewater market just minutes from New Smyrna Beach. Investors can enjoy the benefits of one of Central Florida's most desirable coastal markets while often acquiring property at a more attractive price point than comparable opportunities nearby. Cash flow starts on day one with this property generating $3, 850 per month in gross rental income. This investment offers modern construction with thoughtfully designed floor plans that maximize both space and functionality. The property is occupied by two outstanding long term tenants who take pride in their homes and have expressed interest in extending their leases, creating an ideal turnkey investment opportunity. Each unit features 3 bedrooms, 2 bathrooms, an oversized one car garage, soaring vaulted ceilings, luxury vinyl plank flooring throughout the main living areas, granite countertops, white shaker cabinetry, .. CON'T ... stainless steel appliances, spacious kitchen islands, interior laundry rooms, generous primary suites with dual vanities and walk in showers, covered rear lanais, central air conditioning systems, and private backyards overlooking a wooded setting. Designed with investors in mind, each unit is separately metered for electric and water, with tenants paying all of their own utilities to help reduce owner expenses. The oversized lot provides additional green space that enhances the property's appeal for long term tenants. Situated on an oversized 120' x 100' lot, this property offers convenient access to shopping, dining, parks, the Indian River, public boat ramps, and the beaches of New Smyrna. Its central location also provides convenient access to Cape Canaveral, the Kennedy Space Center, Orlando, and Florida's renowned Space Coast. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Exterior Finish: Impact Windows
  • Floor Covering: Carpet, Tile
  • Roof Type: Shingle
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 559000
  • unparsedaddress: 2518 Fern Palm Drive
  • postalcity: Edgewater
  • stateorprovince: FL
  • country: US
  • postalcode: 32141
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingarea: 3006
  • livingareaunits: Square Feet
  • latitude: 28.9567
  • longitude: -80.895438
  • listagentfullname: Mike Bretzel
  • listagentemail: mikebretzelkw@gmail.com
  • listagentkey: 3yd-DBAARFL-11653
  • listagentmlsid: 11653
  • listagentpreferredphone: 3866315757
  • listagentofficephone: 3866315757
  • listofficekey: 3yd-DBAARFL-o96900
  • listofficemlsid: o96900
  • disclaimer: Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: DBAARFL
  • yearbuilt: 2021
  • listingcontractdate: 2026-07-22
  • listagenturl: http://www.kwfloridapartners.com
  • countyorparish: Volusia
  • parcelnumber: 840201065680
  • appliances: Refrigerator, Electric Range, Dishwasher
  • cooling: Central Air
  • constructionmaterials: Block, Concrete
  • flooring: Carpet, Tile
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: RV, Garage
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Impact Windows
  • rooms: Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.89544, 28.9567
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Florida Partners", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mikebretzelkw@gmail.com", "ListBrokerageCity":"Port Orange", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw248@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/1761/148793/20110211100035458.png", "ListBrokerageName":"Keller Williams Realty Florida Partners", "ListBrokeragePhone":"(386) 944-2800", "ListBrokeragePostalCode":"32129", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 112", "ListBrokerageUnparsedAddress":"3510 S. Nova Road", "ListBrokerageWebsiteUrl":"http://www.kwfloridapartners.com", "ListOfficeAddress1":"3510 S Nova Rd Suite 112 ", "ListOfficeAddress2":"Suite 112", "ListOfficeBrokerMlsId":"o96900", "ListOfficeCity":"Port Orange", "ListOfficeCountry":"US", "ListOfficeEmail":"vincent.cataldo@kw.com", "ListOfficePostalCode":"32129", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Edgewater, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2518-Fern-Palm-Dr_Edgewater_FL_32141_M56666-68518?f=listhub&s=DBAARFL&m=1228946&c=rexren", "MLSModificationTimestamp":"2026-07-23 21:28:11", "Neighborhoods":[{"Description":null, "Name":"Florida Shores"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8124, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/23/2026 9:40:15 PM GMT
Source Updated Date: 7/24/2026 12:56:16 PM GMT

Courtesy of: Mike Bretzel, Keller Williams Realty Florida Partners, mikebretzelkw@gmail.com

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.