$185,000
416 Shangri La Circle
Edgewater, FL 32132
Listing updated: May 7, 2026 at 9:57 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
One or more photo(s) has been virtually staged. Affordable Coastal Living or Smart Investment Opportunity If you’ve been searching for an inexpensive way to get into the Edgewater market, this is your opportunity. Whether you’re looking to live affordably near the coast or secure a property with strong rental potential, this 2-bedroom, 2-bath half-duplex delivers value without the high price tag. Tucked into a quiet, established neighborhood just minutes from the river, beaches, shopping, and local dining, this home offers a simple, practical lifestyle in a highly convenient location—where your dollar goes further and your options stay open. Now choose your path: If your goal is low-cost, easy living, you’ll appreciate the bright, open layout where the kitchen and living areas connect seamlessly. It’s a functional space that feels comfortable and efficient—perfect for everyday living without unnecessary upkeep or expense. If flexibility matters, the two-bedroom layout gives you options: a primary bedroom, guest space, or home office setup—whatever fits your lifestyle best without paying for unused square footage. If your focus is low maintenance and low overhead, the private patio and compact yard keep things simple. Enjoy your morning coffee or unwind in the evening without the burden of heavy yard work or high maintenance costs. If you’re thinking investment or rental income, the location and layout make this a strong, budget-friendly option. Close to major routes, local employers, and coastal attractions, it’s the kind of property that works well for long-term tenants, seasonal renters, or a simple buy-and-hold strategy. Whether you’re a first-time buyer trying to keep costs down, someone looking to downsize and simplify, or an investor seeking an affordable entry point into a growing coastal area, this property makes financial sense from multiple angles. Come see how far your budget can go—and choose the version of coastal living that works for you.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history225 days on market
- Status: ActiveSep 24, 2025
- Listed$215,000Sep 24, 2025
- Price reduced$185,000
Facts & features
- Property type
- Residential
- Sub type
- Half Duplex
- Status
- Active
- Days on market
- 225
- Subdivision
- Shangri La Village
- County
- Volusia
- Year built
- 1984
- Living area
- 1,113 sq ft
- Price/sq ft
- $166
- Building area
- 1,644 sq ft (Public Records)
- Lot size
- 5,320 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12127C0685J)
- Garage
- 1 spaces
- Annual taxes
- $1,230 (2024)
- Parcel #
- 7433-17-00-0360
- Zoning
- 07R4
- MLS #
- NS1086051
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Laminate
- Appliances
- Dishwasher, Electric Water Heater, Range, Refrigerator
- Interior features
- Primary Bedroom Main Floor, Thermostat
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $150 / Annually
- Monthly HOA
- $13/mo
- Total monthly fees
- $13/mo
- Total annual fees
- $150
- HOA name
- Shangri la village HOA Susan Beaudoin
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Hurricane Shutters
- Construction materials
- Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 11x11 |
| Kitchen | First | 8x8 |
| Living Room | First | 13x13 |
Listing Details
- Listing date
- 2025-09-23
- On market date
- 2025-09-24
- Original list price
- $215,000
- Occupant type
- Vacant
- MLS area
- 32132 - Edgewater
- Listing AOR
- New Smyrna Beach Board of Realtors
- Status changed
- 2025-09-24
- Tax legal description
- LOT 36 SHANGRI-LA VILLAGE MB 38 PG 104 PER OR 5235 PG 4286 PER OR 5401 PG 1570 PER OR 7443 PG 0242 PER OR 7628 PGS 3534-3535 PER OR 7701 PG 0832 PER OR 7911 PG 1639
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Ridgewood, turn west into Shangri La Village (to the south of Dustin's BBQ). At the stop sign, turn right and follow the loop around. Property is on the right.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and 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 May 7, 2026 at 9:57 AM ET. 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.
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