116 SHER LANE, DEBARY, FL, 32713
Active70 days on marketListed May 15, 2026MLS #O6399180
About this home
116 SHER LANE
Welcome home to Traders Cove, a sought-after 55+ waterfront community offering a relaxed lifestyle with exceptional amenities and scenic river access. This spacious 2 bedroom, 2 bathroom residence offers approximately 1,959 square feet of living space, including a versatile bonus Florida room ideal for a game room, den, home office, fitness area, or additional entertaining space. Designed with comfort and functionality in mind, the home features an open-concept layout with a large living area centered around a cozy wood-burning fireplace, creating the perfect gathering space. The oversized kitchen boasts a large island, abundant cabinetry, and ample counter space for cooking and entertaining. Both bedrooms are generously sized, including a private primary suite with its own en-suite bath for added comfort and privacy. Step outside and enjoy all that Traders Cove has to offer, including a sparkling community pool, clubhouse, for enjoying the Florida outdoors. Conveniently located near shopping, dining, entertainment, and major highways, this home combines peaceful community living with easy access to everything you need. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,623
Sqft
0.22 ac
Lot size
1993
Year built
One
Levels
$145
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,041 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,041/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Debary actives
$145 vs $208
Days on market
70 vs 31 typical
Where $145/sqft sits among the 110 Debary actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Debary
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Debary. See the full Debary guide →
DEBARY 32713 — neighborhood snapshot
Population
22,639
Median age
46.6
Median income
$87,354
Median home value
$306,800
Avg household
2.38
Households w/ children
2,294
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Debary market
$393K → $391K
Debary median sold, yr/yr
98.0%
Sale-to-list ratio (12 mo)
47 of 110
Debary actives have cut their price
Median sold price, Debary, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 25% below the DEBARY 32713 median. See the full Debary market guide →
Paper trail
This home's history
Reality check
What actually sold near 116 SHER LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$230,000
104 ADMIRAL LANE · same community
2 bd · 2 ba · 1,552 sqft · $148/sqft · 73 DOM
Sold · Oct ’25$365,000
603 LAZIO CIRCLE
3 bd · 2 ba · 1,706 sqft · $214/sqft · 20 DOM
Sold · May ’26$389,900
303 LAZIO CIRCLE
3 bd · 2 ba · 1,706 sqft · $229/sqft · 46 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 116 SHER LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 116 SHER LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
116 SHER LANE FAQs
What would the monthly payment be for 116 SHER LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,041/mo — principal and interest, the actual property-tax bill, the $111/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 116 SHER LANE?+
The association fee works out to $111 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 116 SHER LANE?+
The most recent tax bill on record (2025) was $3,397. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 116 SHER LANE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Debary?+
At $234,900, this home is listed about 40% below the Debary median of $389,900. The market section on this page shows how the area is trending.
Which schools are assigned to 116 SHER LANE?+
Debary Elementary School (elementary), University High School (high), River Springs Middle School (middle) — Volusia County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the DEBARY 32713 market on paper
$234,900 is 25% below the DEBARY 32713 median of $314,393, and at $145/sqft it sits under the Debary average of $211.
02Time on market is leverage
70 days on market against a Debary median of 31 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Debary Elementary School, University High School, River Springs Middle School — Debary Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of ALL FLORIDA PROPERTY GROUP,INC · Melinda Foley. MLS #O6399180.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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