59 RIVERS EDGE LN #59 new Save Request In-Person Tour Request Virtual Tour
Palm Coast,FL 32137
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
Year Built 1990
Annual Tax Amount $3,013
Lot Size 871 Sqft
Property Sub-Type Condominium
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
Heating Electric
Cooling Central Air
Flooring Tile
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
View Water
Roof Type Shingle
Building
Story 3
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
Monthly Total Fees $725
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC310774