111-113 W TURGOT AVE, Edgewater, FL 32132
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111-113 W TURGOT AVE, Edgewater, FL 32132
111-113 W TURGOT AVE, Edgewater, FL 32132
111-113 W TURGOT AVE, Edgewater, FL 32132
111-113 W TURGOT AVE, Edgewater, FL 32132
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Melissa Gutentag

Melissa Gutentag

+1(863) 581-7794
$ 4,500,000
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111-113 W TURGOT AVE Edgewater, FL 32132

704 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 704 sqft

Price per Sqft $6,392

Subdivision Edgewater Villas

MLS Listing ID G5119850

Construction Status Completed

HOA Y/N No

Year Built 1984

Annual Tax Amount $1,385

Lot Size 1.340 Acres

Acres 1.34

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

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.

Location

State FL

County Volusia

Community Edgewater Villas

Area 32132 - Edgewater

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Roof Type Shingle

Building

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Frame

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5119850

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Marcus Moore, II FATHOM REALTY FL LLC

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Melissa Gutentag

Melissa Gutentag

Agent BKSL3484784

+1(863) 581-7794

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111-113 W TURGOT AVE