1989 Built SFR 3/2 in Edgewater

This 3-bedroom, 2-bathroom single-family home sits on a 10,000 sq. ft. lot in the Florida Shores community of Edgewater. Built in 1989, the property has 1,630 sq. ft. of living space with a 3-car garage. The home requires a comprehensive renovation (“needs a bit of everything”) to reach its top-tier market potential.

🛠️ Rehab Scope (Estimated)

• Interior Updates: Full cosmetic gut including some drywall repairs, fresh paint, and modern trim/doors throughout
• Kitchen & Bath Overhaul: Complete replacement of cabinetry, stone countertops, and appliances; full modernization of both bathrooms.
• Flooring: Removal of existing materials and installation of uniform luxury vinyl plank (LVP) or tile, carpet in bedrooms
• Exterior: Inspection and repair of wood siding; full exterior paint and landscaping refresh to maximize the curb appeal
• Systems: Inspection of the HVAC, roof, and electrical systems; update fixtures and outlets to modern standards.

🟣 Comparable Sales

1. 2824 Umbrella Tree Dr – 3/2 | 1,692 sf | Sold $330,000 ($195/sf) | 12/12/2025 | 1989 Built
2. 2921 Sabal Palm Dr – 3/2 | 1,440 sf | Sold $294,000 ($204/sf) | 10/03/2025 | 1983 Built
3. 2704 Yule Tree Dr – 3/2 | 1,656 sf | Sold $270,000 ($163/sf) | 12/18/2025 | 1980 Built
4. 2803 Vista Palm Dr – 3/2 | 1,343 sf | Pending $299,900 ($223/sf) | 2026 | 2001 Built
5. 2725 Travelers Palm Dr – 2/2 | 1,272 sf | Sold $205,000 ($161/sf) | 01/16/2026 | 1984 Built

💰 ARV Analysis

Fully renovated homes in Florida Shores are selling between $195–$205/sf. The most direct comp is 2824 Umbrella Tree Dr, which was built in the same year (1989), is nearly identical in size (1,692 sf vs 1,630 sf), and sold for $330,000 in December 2025. Given the subject property’s similar specs and the added value of a 3-car garage:

Estimated ARV: $315,000 – $335,000 +/-