59 RIVERS EDGE LN #59, PALM COAST, FL, 32137
$269,000
Residential
Bedrooms
2
Bathrooms
2
Living Area
1,020 Sqft
Lot Size
1,066 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRFC310774 Year Built: 1990
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer Association Amenities: Clubhouse, Tennis Court(s)
Association Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Sewer, Trash, Water Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Gated Community - No Guard, Sidewalks, Tennis Court(s)
Construction Materials: Block, Stucco Cooling: Central Air
Country: US County Or Parish: Flagler
Direction Faces: North Exterior Features: Lighting, Private Mailbox, Sidewalk, Sliding Doors
Flooring: Tile Foundation Details: Slab
Furnished: Unfurnished Heating: Electric
Laundry Features: Laundry Closet Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Occupant Type: Vacant Other Structures: Tennis Court(s)
Patio And Porch Features: Rear Porch, Screened Pets Allowed: Breed Restrictions, Cats OK, Dogs OK
Property Sub Type: Condominium Property Type: Residential
Road Surface Type: Paved Roof: Shingle
Security Features: Gated Community, Security Gate Sewer: Public Sewer
Showing Requirements: Gate Code Required, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected View: Water
Water Source: Public
Rooms Rooms
Living Room: Primary Bedroom:
Primary Bathroom: Kitchen:
Bathroom 2: Bathroom 2:
Balcony/Porch/Lanai: Laundry:
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