$349,900
$25K PRICE DROP

54 Rivers Edge Ln Palm Coast, FL 32137

Estimated payment $3,466/month

Total Views 5,603
3 Beds
2.5 Baths
1,565 Sq Ft
$224 Price per Sq Ft

Highlights

  • Dock has access to electricity and water
  • Marina View
  • Property fronts an intracoastal waterway
  • Old Kings Elementary School Rated A-
  • Assigned Boat Slip
  • Gated Community

About This Home

***EXCEPTIONAL WATERFRONT TOWNHOME JUST REDUCED*** Just bring your toothbrush as this stunner can be purchased FULLY FURNISHED, making this beautiful, modernized townhome in the desirable Marina Cove gated community a great deal. With over $85,000 in recent upgrades, this coastal-inspired home exudes charm and sophistication from the moment you walk in.

Situated directly on the main channel of the Intracoastal Waterway, this bright and sunny 3-bedroom, 2.5-bathroom townhome, offers stunning views of dolphins and manatees playing in your backyard. The spacious interior features new white birch-designed tile flooring and luxury vinyl plank (LVP) throughout—no carpet anywhere. The main living area is enhanced with elegant wainscoting, fresh paint, creating a warm and inviting atmosphere.

The newly renovated kitchen is a chef's dream, boasting all-new appliances, granite countertops, and a decorative backsplash. A unique "pass-through" from the kitchen to the dining room adds convenience, while the dining room itself impresses with a tray ceiling and a custom-built 7-foot quartz dining table with ample built-in storage space—this stunning piece conveys with the home.

The first-floor primary suite is a retreat, overlooking the water and featuring a walk-in closet, a beautifully tiled bathroom with a walk-in shower, an additional custom built solid wood closet, new vanity and toilet. The open-concept dining and living area is bathed in natural light, thanks to large windows and sliding glass doors, all framed by soaring cathedral ceilings.

Upstairs, you'll find a spacious second bedroom with a walk-in closet, vaulted ceilings, and a beautifully redesigned guest bathroom. The third bedroom area, with its full closet and custom built in shelving, can also serve as office space, offering versatility to suit your needs.

Step out to the covered and screened-in patio with its new roof and screen door and take in the breathtaking panoramic views of the marina, just steps away. The one-car garage includes a brand new side door, plenty of shelving and attic space for additional storage.

As part of life in Marina Cove you'll enjoy a pool, tennis and pickleball courts, boat docks and walking paths—all along the Intracoastal Waterway. For those who love life on the water, a 43' private boat slip with water and electricity is available for purchase, situated directly behind the townhouse for ultimate convenience! Don't miss out on this incredible opportunity to live the Florida lifestyle to the fullest. Make sure to view the virtual tour which is a walkthrough video.

Listing Agent

Peter Larsson

REALTY EXCHANGE, LLC Brokerage Phone: 386-446-0017 License #3124174

REALTY EXCHANGE, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 1990

Lot Details

  • 1,322 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • East Facing Home
  • Irrigation

HOA Fees

  • $1,088 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Marina
  • Intracoastal
  • Canal

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,565 Sq Ft Home
  • Shelving
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • Single Vanity
  • Bathtub With Separate Shower Stall
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Access To Marina
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Assigned Boat Slip
  • Dock has access to electricity and water
  • Dock made with wood
  • Deeded Boat Dock
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Schools

  • Old Kings Elementary School
  • Indian Trails Middle-Fc School
  • Matanzas High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, trash, water
  • $135 Other Monthly Fees
  • Susie Sprunger Association, Phone Number (386) 446-0085
  • Marina Cove Subdivision
  • Association Owns Recreation Facilities

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,117

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,088 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1565
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 1565
  • Lot Size Sq Ft: 1322
  • Directions to Property: Palm Coast Pkwy east, turn right BEFORE the toll bridge on Palm Harbor Pkwy, go over a small bridge to Marina Cove on the right. Go through gate, stay to the left and go all the way down towards the end.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Palm Coast
  • Escrow Postal Code: 32137
  • Escrow State: FL
  • Escrow Street Name: Palm Coast Pkwy NE
  • Escrow Street Number: 300
  • List Office Head Office Key Nume: 522108629
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 223.58
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip Deeded On-Site,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFee: 405
  • MFR_DockMaintenanceFeeFrequency: Quarterly
  • MFR_CommunityAssociationWaterFeatures: Intracoastal Waterway,Marina,Waterfront
  • Attribution Contact: 386-446-0017
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Street Number Modifier: 54
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 145.39
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Canal - Saltwater,Intracoastal Waterway,Marina
  • Water Extras: Assigned Boat Slip,Bridges - No Fixed Bridges,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0129E

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Gated Community - No Guard, Pool, Sidewalks, Tennis Courts
  • Association Fee: 1088
  • Association Fee Frequency: Monthly
  • Association Name: Susie Sprunger
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 54
  • Association Email: ssprunger@maymgt.com
  • Development: Marina Cove

Fee Information

  • Total Annual Fees: 13056.00
  • Total Monthly Fees: 1088.00
  • Monthly HOA Amount: 1088.00

Schools

  • Elementary School: Old Kings Elementary
  • High School: Matanzas High
  • Middle Or Junior School: Indian Trails Middle-FC

Lot Info

  • Zoning: MPD
  • Parcel Number: 05-11-31-4075-00170-0540
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 123

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 6 month minimum rental.

Tax Info

  • Tax Annual Amount: 5117
  • Tax Block: 170
  • Tax Book Number: 2533/1223
  • Tax Lot: 540

Multi Family

  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway, Marina
  • Approval Process: Application needs to be filled out and sent to MAY Management.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,117 $318,871 -- $318,871
2023 $5,117 $318,871 $0 $318,871
2022 $5,173 $271,843 $0 $271,843
2021 $3,920 $201,365 $0 $201,365
2020 $3,868 $195,500 $0 $195,500
2019 $3,911 $195,500 $0 $195,500
2018 $3,983 $195,500 $0 $195,500
2017 $3,623 $177,700 $0 $0
2016 $1,536 $177,700 $0 $0
2015 $1,537 $169,200 $0 $0
2014 $1,542 $115,097 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Price Changed $349,900 +3.1% $224 / Sq Ft
01/15/2025 01/15/25 Price Changed $339,500 -3.0% $217 / Sq Ft
12/12/2024 12/12/24 Price Changed $349,900 -3.6% $224 / Sq Ft
10/25/2024 10/25/24 Price Changed $363,000 -3.2% $232 / Sq Ft
09/04/2024 09/04/24 For Sale $375,000 +63.0% $240 / Sq Ft
09/27/2022 09/27/22 Off Market $230,000 -- --
02/26/2021 02/26/21 Sold $230,000 -8.0% $147 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
09/21/2020 09/21/20 For Sale $249,900 +51.5% $160 / Sq Ft
10/24/2016 10/24/16 Sold $165,000 0.0% $105 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $165,000 -- $105 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $230,000 Truly Yours Title Llc
Special Warranty Deed $165,000 Reo Title Co Of Florida Llc
Trustee Deed -- None Available
Warranty Deed $300,000 Coast Title Ins Agency Inc
Warranty Deed $249,000 --
Warranty Deed $185,000 --
Warranty Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $148,500 New Conventional
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $100,200 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: FC303031

Stellar MLS

APN: 05-11-31-4075-00170-0540