David Ramirez
$224,900$230,000$1,843 /mo all-in ↓

118 COLEMAN STREET, EDGEWATER, FL, 32141

Active229 days on marketListed Dec 8, 2025MLS #V4946234

Priced 27% below the EDGEWATER 32141 medianReduced $5KWaterfrontSOUTH WATERFRONT PARK

About this home

118 COLEMAN STREET

Waterfront potential, already ahead of schedule. This cleared 50 x 131 canal-front homesite in South Waterfront Park offers a rare opportunity to build along the water without starting from scratch. A newer concrete seawall is already in place, creating an ideal foundation for a custom waterfront retreat designed around boating, outdoor living, and coastal living. Positioned on a navigable canal with convenient access to the Intracoastal Waterway and the Atlantic Ocean, the property offers an exceptional setting for boating, kayaking, paddleboarding, and waterfront living. Envision a private dock, expansive outdoor entertaining areas, and a custom home designed to maximize the canal views and coastal surroundings from every angle. Located within an established waterfront area near parks, marinas, shopping, dining, and area beaches, the property combines convenience with a true coastal setting. An additional opportunity is available with a residence directly across the street also offered for purchase, creating flexible options for expanded ownership or future investment potential. Lot measures approximately 50 x 131 feet. Buyers are responsible for verifying all property details, zoning, setbacks, and building requirements.

Facts & features

The home at a glance

0.15 ac

Lot size

WaterfrontWater viewPets allowed

Inside

Outside & construction

ViewWater
FacesNorthwest

Community & fees

HOA fee$2/mo
Taxes (2024)$3,090/yr
PetsYes

Utilities & systems

UtilitiesPublic
WaterPublic

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.

$1,843 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,324
FHA mortgage insurance (est.)$99
Property tax — 2024 actual bill$258
HOA fee — from the listing$2
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $7,872Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $7,872
Interest rate6.00%
Loan term

Estimated payment

$1,843/mo

Principal & interest$1,324
FHA mortgage insurance (est.)$99
Property taxes (actual bill)$258
HOA / condo fee$2
Est. insurance$160

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.

Where it sits

Inside South Waterfront Park

Map of 118 COLEMAN STREET inside its neighborhood boundary

Drive times from this address

Orlando Int’l Airport (MCO)71 min
Downtown Orlando72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Edgewater. See the full Edgewater guide →

South Waterfront Park — neighborhood snapshot

Population

466

Median age

65

Median income

$67,198

Median home value

$117,300

Avg household

2

Households w/ children

17%

For the school run

Volusia County School District

ElementaryIndian River Elementary School★★★★★
MiddleNew Smyrna Beach Middle School★★★★★
HighNew Smyrna Beach High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Edgewater market

Seller’s marketLeans seller4.3 months of inventoryBuyer’s market

$280K$307K

Edgewater median sold, yr/yr

96.3%

Sale-to-list ratio (12 mo)

Median sold price, Edgewater, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 27% below the EDGEWATER 32141 median. See the full Edgewater market guide →

Paper trail

This home's history

CurrentPrice reduced to $224,900 $5K
Dec 8, 2025Listed at $230,000 · 229 days on market since

Reality check

What actually sold near 118 COLEMAN STREET

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

121 LEWIS STREETSold · Dec ’25

$260,000

121 LEWIS STREET · same community

2 bd · 2 ba · 768 sqft · $339/sqft · 72 DOM

182 DOUGLAS STREETSold · Jan ’26

$110,000

182 DOUGLAS STREET · same community

2 bd · 1 ba · 770 sqft · $143/sqft · 139 DOM

150 COLEMAN STREETSold · Feb ’26

$187,000

150 COLEMAN STREET · same community

2 bd · 1 ba · 784 sqft · $239/sqft · 323 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 118 COLEMAN STREET — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 118 COLEMAN STREET — 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.

Goes straight to David’s phone and CRM.

Straight answers

118 COLEMAN STREET FAQs

What would the monthly payment be for 118 COLEMAN STREET?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,843/mo — principal and interest, the actual property-tax bill, the $2/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 118 COLEMAN STREET?+

The association fee works out to $2 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 118 COLEMAN STREET?+

The most recent tax bill on record (2024) was $3,090. 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 118 COLEMAN STREET?+

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 Edgewater?+

At $224,900, this home is listed about 32% below the Edgewater median of $330,000. The market section on this page shows how the area is trending.

Which schools are assigned to 118 COLEMAN STREET?+

Indian River Elementary School (elementary), New Smyrna Beach Middle School (middle), New Smyrna Beach High School (high) — Volusia County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the EDGEWATER 32141 market on paper

$224,900 is 27% below the EDGEWATER 32141 median of $309,950.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

229 days on market against a Edgewater median of 39 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $230,000, now $224,900 — a $5K cut. The full history is in the market section below.

Listing courtesy of EXP REALTY LLC · Stacy Kelly. MLS #V4946234.

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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