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$98,000

2904 India Palm Drive

Edgewater, FL 32141

Listing updated: May 26, 2026 at 10:10 AM ET

Active

Listing courtesy of Life Real Estate · Mark Straka · MLS #V4947500 · Active · 386-238-9690

Baths

0.4

Acres

◆$6/sqft◆360° tour

Land

Property type

17,500 sqft

Lot size

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

Rare opportunity to acquire a 140' x 125' multifamily lot with approved plans for a triplex. All approved architectural plans are included in the list price, offering a streamlined path to development and significant time savings for the next owner. The development order for the triplex is valid through August 2026, with the option to extend. Ideal opportunity for builders, investors, or buyers seeking to expand their multifamily portfolio. Buyer to verify zoning, building requirements, and development order extension options with the appropriate municipality.

Local Insight

At $6 per square foot for a 0.4-acre lot in a non-HOA subdivision with X flood designation, this is genuinely cheap land in an area where waterfront proximity and recreation access matter more than job commuting—you're buying into Edgewater's lagoon lifestyle, not convenience to Orlando. The real question is whether the lot is buildable and what utilities are available, since raw land at this price point often comes with hidden costs (septic vs. sewer, well vs. municipal water, fill requirements) that can quickly eclipse the purchase price. If you're serious, get a Phase I environmental review and confirm with the county what actually sits on this parcel before assuming you've found a bargain.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$496

Property taxes$53

Home insurance (est.)$45

Down payment

20%

$19,600 downRate

6.5%

Term

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 history92 days on market

Status: Active
Feb 23, 2026
Listed$125,000
Feb 23, 2026
Price reduced$98,000

Facts & features

Property type: Land
Status: Active
Days on market: 92
Subdivision: Florida Shores 01
County: Volusia
Price/sq ft: $6
Lot size: 17,500 sq ft
Lot category: 1/4 to less than 1/2
Flood zone: X (12127C0685J)
Annual taxes: $641 (2025)
Parcel #: 8402-01-07-6510
Zoning: 07R4
MLS #: V4947500

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Conventional
Ownership: Fee Simple

Exterior & Construction

Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: None
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Listing Details

Listing date: 2026-02-23
On market date: 2026-02-23
Original list price: $125,000
MLS area: 32141 - Edgewater
Listing AOR: West Volusia
Status changed: 2026-02-23
Tax legal description: LOTS 7651 THRU 7653 & INC S 1/2 OF LOT 7654 BLK 253 FLORIDA SHORES UNIT 8 MB 23 PG 132 PER OR 5102 PG 0985 PER OR 5485 PG 1945 PER OR 8560 PG 4237 PER OR 8655 PG 4022

Flood risk

Minimal riskFEMA Zone XPanel 12127C0685J

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 20th street turn left on India Palm. Lot on the left.

Property sale history

Public records

2904 INDIA PALM DR, EDGEWATER 32141

Jan 2025$60,000

0.4017 acres

Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.

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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 26, 2026 at 10:10 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA