USAFLPalm CoastMarina Cove59 Rivers Edge Ln

$279,000

59 - 59 Rivers Edge Ln, Palm Coast, FL

Condo

For Sale

$--,---,---

220

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size 1020 sqft

Garage No

Maintenance Fees $725

Taxes $3,013

Days Active 14

Approx. Age 1990

Avg. Price Per Sqft $273

MLS® Number FC310774

Property Address:

Average square foot calculated using Size range provided by listing agent.

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.Show Description

MLS® NumberFC310774

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelLaundry Closet

Exposure

ExteriorLighting, Private Mailbox, Sidewalk, Sliding Doors

GarageNo

Approx. Age1990

Stories3

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatElectric

A/CCentral Air

Heating Fuel

Extras

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