Overview
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About this home
420-428 Palmetto St is a home in Pointers Sub No. 1, Edgewater. Flood zone AE - confirm flood insurance requirements with your lender.
SUBJECT PROPERTY CONSISTS OF EIGHT TOTAL LOTS ON EITHER SIDE OF PALMETTO STREET IN EDGEWATER, FLORIDA. THESE INDIVIDUAL PARCELS ARE ALL "ZONED R-5" AND CAN BE DEVELOPED INTO EITHER SINGLE FAMILY OR DUPLEX UNIT FAMILY HOMES PER THE CITY OF EDGEWATER'S CURRENT ZONING AND USE. THE PARCELS ARE EACH AN AVERAGE OF ~55 FOOT IN WIDTH BY ~110 FOOT IN DEPTH REQUIRING TWO LOTS FOR DEVELOPMENT PER THE MINIMUM 75' WIDTH REQUIREMENT BASED ON THE CITY'S FUTURE LAND USE PLAN. THE LOTS CAN BE RECONFIGURED TO ACCOMMODATE SEVERAL DUPLEX UNITS FOR CONDOMINIUM & SALE PURPOSES, OR AS INDIVIDUAL INVESTOR-HELD RENTAL UNITS.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$499,000
Time on market
102 days
Monthly payment
About $3,206/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,256 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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