Presented By: REGENCY REAL ESTATE LLC with 407-469-5021. - 407-469-5021
MLS# O6366633
12/11/2025
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Prime 0.42-Acre Corner Lot on Park Ave – R3 Zoning, 3 Blocks from the Edgewater Boat Ramp* Positioned only 3 blocks from the Edgewater boat ramp, City Hall and the area planned for the future DOWNTOWN EDGEWATER redevelopment, this 0.42-acre corner lot sits in the heart of a rapidly evolving coastal community. The City of Edgewater has publicly outlined a funded acquisition plan running 2025–2030, with construction anticipated to begin in 2030, and several nearby properties have already been purchased as part of this long-term vision. This area is poised for transformation — creating exceptional upside for investors who get in now. While Edgewater has had its challenges with stormwater infrastructure, the city has allocated a separate budget to address canals and drainage and has already begun improvements in surrounding areas. Flexible R3 zoning allows for MULTIFAMILY RESIDENTIAL development today, with the added potential to pursue rezoning to COMMERCIAL, INDUSTRIAL, or RETAIL — consistent with successful rezonings of neighboring parcels. NO HOA and short-term rentals permitted, giving you maximum freedom for future use and income opportunities. All within a short 5-minute drive to Downtown New Smyrna Beach and 10 minutes to the famous drivable NSB beaches, this property offers unmatched convenience, lifestyle, and long-term growth potential. A rare investment opportunity in a location with big things on the horizon! DISCLOSURE: An existing single-family home and detached garage are on the property and will need to be demolished, and the land will require fill; the list price reflects these conditions*
Presented By: REGENCY REAL ESTATE LLC with 407-469-5021. - 407-469-5021
Interior Features for 103 FLAGLER AVENUE
Bathrooms
Total Baths
General for 103 FLAGLER AVENUE
Additional Parcels Y/NNo
Body of Waterindian river north
Building Area Unitssquare feet
Cityedgewater
Countyvolusia
Current Useresidential
Directionsfrom orlando, take i-4 east to fl-44 into new smyrna beach, cross the south causeway, continue onto 3rd ave, then turn left on s atlantic ave and left onto flagler ave to reach 103 s flagler ave.
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionw 167 ft of lots 1 & 2 & of n 27 ft of lot 3 sub lot 39g alvarez exc pt in rd wdng being n 18.199 ft on w/l of lot 1 per d/c 6219 pg 4141 per or 6242 pgs 0176-0177 per or 6448 pg 1247 per or 8316 pg
Listing Termscash, conventional, lease purchase, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet18203
Lot Size Unitssquare feet
MLS Area32132 - edgewater
Ownershipfee simple
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameassessors alvarez grant
Tax Annual Amount4823
Tax Lot3
Tax Year2024
Utilitiescable available, electricity available, phone available, sewer connected, water available
Water Access Typeintracoastal waterway
Water Access Y/NYes
Water View Y/NNo
Zoningr3
Exterior for 103 FLAGLER AVENUE
Lot Dimensions180.8 x 167
Lot Featurescorner lot, city lot, may need to be filled, oversized lot, sidewalk, street lights
Lot Size Acres0.42
Lot Size Area18203
Road Frontage Typestreet lights, street paved, county road
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