2621 Royal Palm Dr, Edgewater, FL 32141

Features: Exclusive off-market opportunity in Edgewater featuring a 2-bedrooms, 2-bath single-family home with strong value-add upside. This is a textbook flip or renovation play, highlighted by a newer roof replaced with permit in 2019. Solar panels installed 2023. The property is situated in a quiet, desirable neighborhood with convenient access to local amenities and a steadily appreciating market offering promising rental yields and resale potential. The home features a durable, traditionally styled structure with ample lot space ideal for outdoor living, landscaping, or future expansion. Additional value can be unlocked through interior modernization, space expansion, or enhanced curb appeal, making this a versatile asset with meaningful upside for the right buyer.

Potential ARV: $275-000- $285,000

Rehab Description: For a flip or rental this needs updating to the kitchen, bathrooms, flooring, and fixtures. Finish off by applying fresh interior paint. On the exterior the property needs a new paint. Finish with some landscaping to boost curb appeal.

Construction: CBS

Estimated Rehab: $35,000-$40,000

Comparable rent: $1,637

Closing Date: On or before 3/19/25

Occupancy: Seller occupied in the home up to 45 days post closing occupancy with $10,000 escrow holdback

Information believed to be accurate but not warranted

Pending: 2331 Juniper Drive, Edgewater, FL 32141, 2 beds 2 baths, 1,210 sqft, 10,000 sqft lot, 1983 build, pending $259,000, partial remodel

Comp 1: 2521 Yule Tree Dr, Edgewater, FL 32141, 3 beds, 2 baths, 1,352 sqft, 10,000 sqft lot, 1984 build, CBS, sold for $308,000 02/19/2026, Updated

Comp 2: 2225 Pine Tree Dr, Edgewater, FL 32141, 3 beds, 2 bath, 1,240 sqft, 10,018 sqft lot, Sold  for $345,000 on 08/28/26, Updated with pool

Comp 3: 2412 Yule Tree Dr, Edgewater, FL 32141, 3 beds, 2 baths, 1,332 sqft, 9,583 sqft lot, Sold for $275,000 06/09/2025, Updated