LKV Realty
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$269,000
$1,400Reward *
59 RIVERS EDGE Lane Unit 59, Palm Coast, FL 32137Listing ID FC310774

59 RIVERS EDGE Lane Unit 59, Palm Coast, FL 32137

Active
MARINA COVE
Time on site: 420 daysLast updated: Jul 22, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,020
Acres
Acres
0.02
Days on Site
Days on Site
420
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Electric
Year Built
Year Built
1990
Stories
Stories
1

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 Information

Property Details

Location

Address
59 RIVERS EDGE Lane
County
Flagler
City
Palm Coast
Zip Code
32137
Subdivision
MARINA COVE
High School
Matanzas High
Elementary School
Old Kings Elementary
MLS Area
32137 - Palm Coast

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,020
Year Built
1990
Stories
1
Construction
Block, Stucco
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,013
Tax Year
2024

Homeowner Association

HOA Fee
$725
HOA Fee Frequency
Monthly
EXP REALTY LLC, (888) 883-8509

Market Report for 32137

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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