Nest Seekers

Edgewater Villa Apartments is a 26 unit multifamily investment opportunity in Edgewater, Florida, with the major capital work already done.

111-113 TURGOT AVENUE
EDGEWATER, FL 32132

Listing

Web ID:5843279
Website:https://www.nestseekers.com/5843279

Property

Ownership: Fee Simple
Type: Unknown
Area: 704 sq ft
Lot Size: 1.3 Acres

Financials

Price:$4,500,000
Annual Taxes:$1,385

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

Amenities

  • Bathrooms
  • Fencing

Location

111-113 TURGOT EDGEWATER FL 32132 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of FATHOM REALTY FL LLC
​
Nest Seekers Logo
Loading...