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$185,000
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Property Description
One or more photo(s) has been virtually staged. Affordable Coastal Living or Smart Investment Opportunity If you've been searching for an inexpensive way to get into the Edgewater market, this is your opportunity. Whether you're looking to live affordably near the coast or secure a property with strong rental potential, this 2-bedroom, 2-bath half-duplex delivers value without the high price tag. Tucked into a quiet, established neighborhood just minutes from the river, beaches, shopping, and local dining, this home offers a simple, practical lifestyle in a highly convenient location-where your dollar goes further and your options stay open. Now choose your path: If your goal is low-cost, easy living, you'll appreciate the bright, open layout where the kitchen and living areas connect seamlessly. It's a functional space that feels comfortable and efficient-perfect for everyday living without unnecessary upkeep or expense. If flexibility matters, the two-bedroom layout gives you options: a primary bedroom, guest space, or home office setup-whatever fits your lifestyle best without paying for unused square footage. If your focus is low maintenance and low overhead, the private patio and compact yard keep things simple. Enjoy your morning coffee or unwind in the evening without the burden of heavy yard work or high maintenance costs. If you're thinking investment or rental income, the location and layout make this a strong, budget-friendly option. Close to major routes, local employers, and coastal attractions, it's the kind of property that works well for long-term tenants, seasonal renters, or a simple buy-and-hold strategy. Whether you're a first-time buyer trying to keep costs down, someone looking to downsize and simplify, or an investor seeking an affordable entry point into a growing coastal area, this property makes financial sense from multiple angles. Come see how far your budget can go-and choose the version of coastal living that works for you.
Full Property Details
Full Property Details for 416 Shangri La Cir
General
- Price: $185,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Taxes: $1,230 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: NS1086051
- Updated: 5/7/2026
- Added to Site: 251 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Primary Bedroom Main Floor, Thermostat
- Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Hurricane Shutters
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 32132 - Edgewater
- County: Volusia
- Development Name: 32132 - Edgewater
- Subdivision: SHANGRI LA VILLAGE
- Driving Directions: From Ridgewood, turn west into Shangri La Village (to the south of Dustin's BBQ). At the stop sign, turn right and follow the loop around. Property is on the right.
- Direction Faces: East
School Information
- Elementary School: Edgewater Public School
- Middle School: New Smyrna Beach Middl
- High School: New Smyrna Beach High
Community
- Community Name: 32132 - Edgewater
- Association: Yes
- Assoc. Name: Shangri la village HOA Susan Beaudoin
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected
Structural Information
- Exterior Const.: Concrete, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,113
- Sq. Ft. Source: Public Records
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,320
- Lot Size: 5320
- Street/Road Desc.: Asphalt
Financial Considerations
- Association Fee: $150
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $1,230
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 36 SHANGRI-LA VILLAGE MB 38 PG 104 PER OR 5235 PG 4286 PER OR 5401 PG 1570 PER OR 7443 PG 0242 PER OR 7628 PGS 3534-3535 PER OR 7701 PG 0832 PER OR 7911 PG 1639
- Flood Zone Info: X
- APN: 743317000360
- Property ID: 743317000360
Listed by Engel & Volkers New Smyrna
Get Pre-Approved Today
Schools
Schools serving 416 Shangri La Cir
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Edgewater Public School 801 South Old County Road, Edgewater, FL 32132 | PK-5 | 0.4 mi |
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168 | 6-8 | 2.1 mi |
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 416 Shangri La Cir
Date
Details
Price
Change
Source
4/21/2026
Price Reduced
$185,000
-5.13%
MLS
1/29/2026
Price Reduced
$195,000
-9.3%
MLS
9/24/2025
Listed
$215,000
49.41%
MLS
9/01/2020
Sold
$143,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 416 Shangri La Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,187
-3%
$139,874
3%
2024
$1,230
4%
$135,932
3%
2023
$1,178
1%
$131,973
6%
2021
$1,162
-4%
$124,397
-3%
2022
$1,209
4%
$128,129
7%
2021
$1,162
-48%
$119,521
14%
2019
$2,232
6%
$104,936
8%
2018
$2,112
243%
$97,322
62%
2017
$615
-5%
$59,910
2%
2016
$644
-2%
$58,678
1%
2015
$659
-1%
$58,270
1%
2014
$664
-1%
$57,808
1%
2013
$668
—
$56,954
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 416 Shangri La Cir
416 Shangri La Circle, Edgewater, FL 32132 (MLS# NS1086051) is a Single Family property with 2 bedrooms and 2 full bathrooms. 416 Shangri La Circle is currently listed for $185,000 and was received on September 24, 2025. Want to learn more about 416 Shangri La Circle? Do you have questions about finding other Single Family real estate for sale in Edgewater? You can browse all Edgewater real estate or contact a Coldwell Banker agent to request more information.

