Asking Price
$ 269,000Status
Active59 RIVERS EDGE LANE #59
PALM COAST, FL,32137, MARINA COVE
Overview
2 Bedrooms
2 Bathrooms
Garage
1,020 sqft
Year Built: 1990
School Nearby
Indian Trails Middle-FC
Matanzas High
Old Kings Elementary
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.
Features
Status: Active
Beds: 2
Baths: 2
Square Footage: 1,020 Sq. Ft
HOA Fee: 725
Property Type: Condominium
MLS Number: FC310774
Days on Market: 28
Year Built: 1990
Lot Size:
County: Flagler
Taxes: $3,013.00
Address
59 RIVERS EDGE LANE #59 , PALM COAST ,FL
Listing provided by: EXP REALTY LLC, 888-883-8509
Asking Price
$269,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 07/22/2025 16:37. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.