For sale

111-113 W Turgot AveEdgewater, FL 32132

$4,500,000
  • 704 sq ft
  • 1.34 acres
  • Built 1984

Listing courtesy of FATHOM REALTY FL LLC · MLS# G5119850

About this home

Edgewater Villa Apartments is a 26-unit multifamily investment opportunity in Edgewater, Florida, with the major capital work already done. The property has two separate two-story buildings, one with 10 units and one with 16, and every unit is a 2 bedroom, 1 bath with a consistent floor plan, which keeps operations, leasing, and renovations simple. Recent improvements include both roofs fully replaced in March 2026, a full exterior update and repaint in early 2025, and most HVAC units replaced within the last three years. Ownership has run a successful value-add program, completing 21 unit renovations between 2023 and 2026. The remaining 5 units give a new owner a clear path to rent growth by continuing the existing renovation scope. 24 of 26 units are currently occupied. With most major capital expenditures already behind it, this property offers stable in-place income with upside, in a market with strong rental demand. Financials and rent roll available upon request.

Property typeMulti-Family 5+
CommunityEdgewater Villas
CountyVolusia
Year built1984
Taxes$1,385 (2025)
Days on market0
MLS #G5119850

Heating & cooling

Central Air

Construction

Frame

Roof

Shingle

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Rate shown is Freddie Mac's average 30-year rate (October 15, 2026). Principal and interest only; taxes, insurance and any HOA are extra. Not a loan offer.

Location

Listing information is provided by Stellar MLS as distributed by MLS Grid, for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information submitted to the MLS GRID as of November 6, 2026 at 1:30 PM Eastern. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings shown with the listing brokerage.