Palm Coast, FL 32137,59 RIVERS EDGE LN #59
Palm Coast, FL 32137,59 RIVERS EDGE LN #59
Palm Coast, FL 32137,59 RIVERS EDGE LN #59
38
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$279,000
Est. payment /mo
2 Beds
2 Baths
1,020 SqFt
New

59 RIVERS EDGE LN #59 Palm Coast, FL 32137

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,020 sqft

Price per Sqft $273

Subdivision Marina Cove

MLS Listing ID FC310774

Bedrooms 2

Full Baths 2

HOA Fees $725/mo

HOA Y/N Yes

Annual Recurring Fee 8700.0

Year Built 1990

Annual Tax Amount $3,013

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Condominium

Source Stellar MLS

Property Description

Welcome to 59 Rivers Edge Lane in Palm Coast—a move-in ready, ground-floor condo in the desirable gated community of Marina Cove. This 2-bedroom, 2-bathroom unit offers 1,020 square feet of living space and one of the most serene water views available in the area. Located directly along the Intracoastal Waterway, this property is currently vacant and stands as the lowest-priced condo in the community, making it an exceptional opportunity for buy-and-hold investors seeking a strong rental asset.

Inside, the condo features tile flooring throughout, a practical kitchen pass-through to the living area, and a spacious screened lanai where you can relax while watching boats, dolphins, and manatees drift by. The A/C was replaced in July 2020 and comes with a transferable warranty, adding peace of mind for future owners or tenants.

Marina Cove is known for its peaceful, waterfront lifestyle and strong community amenities. Residents enjoy access to a private marina with available boat slips, a clubhouse, community pool, tennis and pickleball courts, a putting green, shuffleboard, bocce courts, and scenic walking paths. The HOA covers building insurance, grounds maintenance, sewer, trash, security, and importantly—water is included in the monthly fee. All building roofs were replaced in 2023, further enhancing long-term value.

Located just minutes from Palm Coast Marina, the Palm Harbor Golf Club, and the shops and dining of European Village, this condo provides easy access to the best of coastal Florida living. Investors will appreciate the rental income potential in a high-demand area, with comparable units leasing around $1,900 a month.

Whether you're looking to expand your investment portfolio or secure a low-maintenance waterfront retreat, this property checks all the boxes for value, location, and opportunity.

Location

State FL

County Flagler

Community Marina Cove

Area 32137 - Palm Coast

Zoning MPD

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)

Heating Electric

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Laundry Closet

Exterior

Exterior Feature Lighting, Private Mailbox, Sidewalk, Sliding Doors

Community Features Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Gated Community - No Guard, Sidewalks, Tennis Court(s)

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Amenities Available Clubhouse, Tennis Court(s)

View Y/N Yes

Water Access Yes

Water Access Desc Marina

View Water

Roof Type Shingle

Porch Rear Porch, Screened

Garage false

Private Pool No

Building

Story 3

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Old Kings Elementary

Middle Schools Indian Trails Middle-Fc

High Schools Matanzas High

Others

Pets Allowed Breed Restrictions, Cats OK, Dogs OK

HOA Fee Include Pool,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Sewer,Trash,Water

Senior Community No

Ownership Condominium

Monthly Total Fees $725

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required Required

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC310774


Stellar MLS
Listed by EXP REALTY LLC

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Pat Hart

Agent | License ID: SL3239224

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59 RIVERS EDGE LN #59