Property Description:
This 1,452 sq ft 4‑bed, 2‑bath block home sits on a 10,000 sq ft (.229 acre) lot in Edgewater’s Florida Shores neighborhood. Built in 1988, the property has a functional layout and the desirable fourth bedroom, with no HOA or deed restrictions.
The home needs a moderate rehab—expect full interior cosmetic updates including paint, flooring, kitchen and bath modernization, and fixtures. Roof, AC, and other mechanicals should be inspected to confirm condition, but the block construction provides a solid base for upgrades. Landscaping, pressure washing, and curb‑appeal improvements will further enhance resale potential.
🔴 Recently Sold
· 3330 Queen Palm Dr – 1,206 sq ft, 3/2, built 1997 → Sold $313,000 ($260/sq ft) – fully rehabbed
· 3120 Mango Tree Dr – 1,292 sq ft, 3/2, built 1985 → Sold $297,500 ($230/sq ft) – updated
· 3013 Lime Tree Dr – 1,419 sq ft, 3/2, built 1997 → Sold $305,000 ($215/sq ft) – rehabbed
· 3218 Royal Palm Dr – 1,264 sq ft, 3/2, built 1999 → Sold $250,000 ($198/sq ft) – dated interior
· 3231 Unity Tree Dr – 1,200 sq ft, 3/2, built 1987 → Sold $247,000 ($206/sq ft) – mostly original
🔵 Pending Sales
· 3324 Royal Palm Dr – 1,324 sq ft, 3/2, built 1999 → Pending $339,000 ($256/sq ft) – rehabbed
· 3035 Victory Palm Dr – 1,176 sq ft, 3/2, built 1987 → Pending $260,000 ($221/sq ft) – partially updated
🪙 ARV Conclusion
Given the 4‑bedroom configuration and location among multiple rehabbed comps, a well‑executed moderate rehab should position resale in the $299K–$330K range (comps average out at 226/sq ft, with a high of $260/sf). That puts your average at $330k ARV, but because of the market, we gave you the lower part of the range as well. High‑end finishes and strong curb appeal could push toward the top of that range, particularly since 4‑bedroom homes are less common in this pocket of Florida Shores.