2720 BANYAN DRIVE, EDGEWATER, FL, 32141
Active201 days on marketListed Mar 26, 2026MLS #O6392794
About this home
2720 BANYAN DRIVE
**NEW PRICE REDUCTION*** Welcome to Florida Shores in Edgewater! This 3 bedroom, 2 bathroom, 2 car garage home is ready for you to make it yours. This single story family layout offers a split floor plan, vaulted ceilings, open living/dining space, tiled throughout, with a screened in patio to enjoy your spacious backyard. No HOA! Banyan Drive is located in between I-95 and US1, with convenient access to local amenities, shopping, and less than 20 minute drive to New Smyrna Beach. The roof is less than 5 years old (2022), and home includes all kitchen appliances and an additional refrigerator in the garage. **Seller discloses he has knowledge of window and foundation issues affecting the property. Seller anticipates repair costs of approximately $19,000 and is prepared to contribute up to $19,000 at closing toward addressing these items, with the agreed funds to be held in escrow by Silver Sea Title, subject to the terms of the purchase contract and applicable escrow. Buyer is encouraged to conduct independent inspections and due diligence.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,392
Sqft
0.23 ac
Lot size
2
Garage
1989
Year built
One
Levels
$201
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,231 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,231/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+5.1%
$/sqft vs FLORIDA SHORES 01
$201 vs $202
Days on market
201 vs 59 typical
Where $201/sqft sits among the 43 homes for sale in FLORIDA SHORES 01
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Florida Shores
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Edgewater. See the full Edgewater guide →
Florida Shores — neighborhood snapshot
Population
13,275
Median age
47
Median income
$58,578
Median home value
$253,859
Avg household
2
Households w/ children
1,359
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Edgewater market
$280K → $309K
Edgewater median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
24 of 43
FLORIDA SHORES 01 have cut their price
Median sold price, Edgewater, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 7% below the EDGEWATER 32141 median. See the full Edgewater market guide →
Paper trail
This home's history
Reality check
What actually sold near 2720 BANYAN DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$331,000
2503 ROYAL PALM DRIVE · same community
3 bd · 2 ba · 1,389 sqft · $238/sqft · 106 DOM
Sold · Jun ’26$320,000
1313 QUEEN PALM DRIVE · same community
3 bd · 2 ba · 1,410 sqft · $227/sqft · 14 DOM
Sold · Feb ’26$299,000
2929 WOODLAND DRIVE · same community
3 bd · 2 ba · 1,414 sqft · $211/sqft · 27 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2720 BANYAN DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2720 BANYAN DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2720 BANYAN DRIVE FAQs
What would the monthly payment be for 2720 BANYAN DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,231/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 2720 BANYAN DRIVE?+
The most recent tax bill on record (2025) was $3,591. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Edgewater?+
At $279,999, this home is listed about 14% below the Edgewater median of $324,900. The market section on this page shows how the area is trending.
Which schools are assigned to 2720 BANYAN DRIVE?+
Edgewater Public School (elementary), New Smyrna Beach Middle School (middle), New Smyrna Beach High School (high) — Volusia County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the EDGEWATER 32141 market on paper
$279,999 is 7% below the EDGEWATER 32141 median of $302,500, and at $201/sqft it sits under the Edgewater average of $226.
02Time on market is leverage
201 days on market against a Edgewater median of 59 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $325,000, now $279,999 — a $45K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SANDRONI HOLDINGS REAL ESTATE LLC · Allison Sutton. MLS #O6392794.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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