Friendly Shores in Edgewater

Friendly Shores Homes for Sale in Edgewater, FL

Established 1988 · Intracoastal West · ZIP 32224

An age-restricted riverfront co-op of manufactured homes on the Indian River in Edgewater, built around a marina, a fishing pier, and a clubhouse.

Age-restricted 55+On the Indian RiverCo-op ownership
Live Market Pulse
47/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive DBAAR data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseDBAAR
$88K
Median Price
12mo
Supply
243days
Avg DOM
Soft
Seller Leverage
$223/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Friendly Shores is an age-restricted, 55-and-older cooperative community of manufactured homes on the Indian River side of Edgewater, and the read is affordable riverfront living with a boating-and-clubhouse social core rather than a high-end gated address. Because it is a co-op, you are buying a share in the community corporation along with your home and paying a monthly maintenance fee, which changes the financing and diligence from a standard single-family purchase. The water access, the marina, and the price point are the draw; the co-op structure, the manufactured-home age, and the flood picture are what you verify."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Friendly Shores market snapshot (as of June 25, 2026): the median sale price is about $88K ($223 per sq ft), with homes averaging 243 days on market and 12.0 months of supply, a buyer-leaning market (limited data). Based on 1 recent closings in live Daytona-area MLS data.

Friendly Shores is an age-restricted, 55-and-older cooperative community in Edgewater, Volusia County, located directly on the shores of the Indian River, the Intracoastal Waterway corridor that runs the length of the Edgewater waterfront (drpropertiesnow.com; neighborhoods.com, 2026).

The community is a co-op of manufactured homes, so ownership is structured as a share in the community corporation together with the home, rather than a fee-simple lot. Homes come in a range of bedroom configurations and are frequently sold furnished as turnkey properties, which suits seasonal and right-sizing buyers (completerealtygrp.com; watsonrealtycorp.com, 2026).

Life centers on the water: residents have direct riverfront access with a shared fishing pier and a small private marina, making it easy to launch a boat, fish, or watch for dolphins and manatees, and a community clubhouse and gathering areas anchor the social calendar (drpropertiesnow.com, 2026).

The setting is a quiet, established waterfront pocket of Edgewater, convenient to local shopping, dining, and parks, and a short drive to New Smyrna Beach to the north. As a direct riverfront community of manufactured homes, the practical diligence items are the co-op documents, the monthly maintenance fee, the home's age and condition, and the FEMA flood zone.

Best for

  • Buyers 55 and older who want affordable, low-maintenance riverfront living with boat access
  • Seasonal and right-sizing buyers comfortable with co-op ownership and a furnished, turnkey home
  • Boaters and anglers who value a private marina and a shared fishing pier

Probably not for

  • Buyers who need fee-simple ownership of land and a conventional mortgage
  • Buyers under the community's age requirement
  • Buyers who want a site-built home or who will not budget for waterfront flood insurance

How Friendly Shores is performing right now

47/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
12Months of supplytight
243Median days on marketdays
0 : 1Under contract vs for salestrong demand
1Sold in last 12 monthsliquidity
-6%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from DBAAR, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Friendly Shores listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Friendly Shores buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Friendly Shores

Live MLS inventory for Friendly Shores. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Friendly Shores listings as of 2026-06-25, priced high to low. © 2026 Daytona Beach Area Association of REALTORS®, Inc.. Tap any home to ask about it.

Listing locations from DBAAR; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Indian River waterfronton site · shared fishing pier and a small private marina
US-1 (Ridgewood Avenue) corridor~3 to 5 min · Edgewater shopping and dining (approximate, confirm)
Downtown New Smyrna Beach~12 to 15 min · north along US-1
New Smyrna Beach oceanfront~20 min · north and east over the bridge
Interstate 95~15 min · west via SR-442 (approximate, confirm)
Edgewater parks and boat ramps~5 to 10 min · local river access points (approximate, confirm)
Daytona Beach International Airport (DAB)~30 to 35 min · north on the mainland (approximate, confirm)

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Friendly Shores Homes for Sale in Edgewater, FL with Momentum Realty’s local guides.

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Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Friendly Shores (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Volusia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Friendly Shores is served by Volusia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Friendly Shores address.

The takeaway

What actually affects a riverfront manufactured-home co-op here, sourced and dated. We do not publish rumor.

Recent Developments in Friendly Shores

Our read on what is being built around Friendly Shores, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe community is established and built out, so there is no new competing supply inside it. The relevant near-term factors for a waterfront manufactured-home community are the county tax and flood picture and coastal insurance, which bear on the all-in monthly more than headline price does.

Waterfront flood-zone and insurance exposure

NeutralA direct riverfront community of manufactured homes carries flood-zone and wind-insurance considerations; pull the FEMA flood zone and a bindable quote for the specific home during diligence. impact
SignificanceRadius: Community-wide

Waterfront flood-zone and insurance exposure

Volusia County millage and assessments

NeutralVolusia County sets the millage that drives the tax line; for a co-op, taxes and the monthly maintenance fee together form the carrying cost, so read both. impact
SignificanceRadius: Countywide

Volusia County millage and assessments

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Friendly Shores, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2024
    Taxes

    Volusia County millage and the carrying-cost picture

    Property taxes in Edgewater are driven by the Volusia County millage and the applicable municipal and district rates, published by the Volusia County Property Appraiser; for a co-op community, taxes pair with the monthly maintenance fee to set the carrying cost. Why it matters: Read the millage and the co-op maintenance fee together, and add a waterfront flood and wind quote, to understand the true monthly before you write. Source

Development alerts for Friendly ShoresGet a short monthly email when something new is approved, funded, or opens near Friendly Shores.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Friendly Shores, this is the order of operations we would run, and the one we run for our clients.

1

Read the co-op documents and confirm the structure. This is a cooperative, so confirm you are buying a share in the community corporation plus the home, and read the bylaws, the transfer-approval process, and any restrictions.

2

Get the monthly maintenance fee and what it covers. Ask for the current co-op maintenance fee and exactly what it includes, since it is a core part of the carrying cost.

3

Confirm the age restriction. This is an age-restricted, 55-and-older community; verify the current age and occupancy rules before you write.

4

Pull the flood zone and an insurance quote. On a direct riverfront manufactured home, get the FEMA flood zone and a bindable flood and wind quote for the specific home during diligence.

5

Verify financing early. Co-op manufactured homes often require specialized or cash financing; confirm your lender will finance a share purchase in this community before you go far.

Best Buy
A well-kept, updated home with a confirmed maintenance fee, clean co-op documents, and a flood quote in hand, ideally with good river access.
Biggest Risk
Co-op financing limits, the age and condition of a manufactured home, and waterfront flood and wind insurance cost.
Best Lot
Homes closer to the river, the marina, and the pier carry the premium over interior placements.
Smart Timing
Affordable waterfront co-op homes move when they are priced right; a prepared buyer who has financing and the documents in hand can act quickly.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Friendly Shores is an age-restricted, 55-and-older cooperative community of manufactured homes on the Indian River in Edgewater, Volusia County, ZIP 32132. Ownership is structured as a share in the community corporation together with the home rather than a fee-simple lot, and homes are frequently sold furnished as turnkey properties. The community offers direct riverfront access with a shared fishing pier and a small private marina, plus a clubhouse and gathering areas that anchor the social calendar. It sits in a quiet, established waterfront pocket of Edgewater, convenient to US-1, local parks, and a short drive to New Smyrna Beach. Practical diligence centers on the co-op documents, the monthly maintenance fee, the home's age and condition, and the FEMA flood zone.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: older, interior homes needing updates
$88K to $88K

The lower-priced end is older manufactured homes set back from the water that need cosmetic or systems updates. Co-op share pricing here is modest relative to fee-simple waterfront, but a verified figure was not published, so confirm the current price and maintenance fee before you write.

Lowest entry
Mid: updated, furnished turnkey homes
$88K to $88K

The core is well-kept, often furnished turnkey homes in good condition with comfortable access to the clubhouse and amenities. Condition and how recently the home was updated separate these more than size does.

Most inventory
High: best-located homes near the river and marina
$88K to $88K

The top is homes with the best river access or closest to the marina and fishing pier, in strong condition. Waterfront position drives the premium; price each on its location, condition, and the closest comparable sale rather than a fixed band.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$88K to $88K
Entry: older, interior homes needing updates
The lower-priced end is older manufactured homes set back from the water that need cosmetic or systems updates. Co-op share pricing here is modest relative to fee-simple waterfront, but a verified figure was not published, so confirm the current price and maintenance fee before you write.
$88K to $88K
Mid: updated, furnished turnkey homes
The core is well-kept, often furnished turnkey homes in good condition with comfortable access to the clubhouse and amenities. Condition and how recently the home was updated separate these more than size does.
$88K to $88K
High: best-located homes near the river and marina
The top is homes with the best river access or closest to the marina and fishing pier, in strong condition. Waterfront position drives the premium; price each on its location, condition, and the closest comparable sale rather than a fixed band.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Friendly Shores

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

At Friendly Shores the Indian River access, the marina, and the affordable entry are the product. The deal is in reading the co-op structure, the maintenance fee, and the flood and insurance picture honestly, and lining up financing before you write, not in the sticker on a furnished, turnkey home.

Jon Brooks · Founder, Momentum Realty
6.8B · Buy Score
Resale Strength6.4/10
Renovation Risk6.0/10
Location Efficiency8.0/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage6.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Friendly Shores is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live DBAAR feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live DBAAR feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from DBAAR; for orientation, not an appraisal.

15-Second Take
  • Homes nearest the river, marina, and pier carry the premium here.
  • Interior homes are the value play if you do not need front-row water.
  • Condition and water access drive price more than headline number; comp like-for-like.

In a riverfront manufactured-home co-op, the biggest price drivers after condition are water access and proximity to the marina and fishing pier. At Friendly Shores, homes closer to the Indian River and the community's boating amenities command a premium over interior placements. Because homes vary in age and condition and the community is a co-op, the honest approach is to compare a home against the closest sale of similar condition and water access, and to weigh the maintenance fee, taxes, and waterfront insurance as part of the all-in cost rather than reading the asking price alone.

Friendly Shores in 15 seconds.

Best forBuyers 55 and older who want affordable, low-maintenance riverfront living with boat access.
Strong onWater lifestyle and value: a private marina, a shared fishing pier, a clubhouse, and direct Indian River access.
WatchCo-op ownership and financing, the age of a manufactured home, and waterfront flood and wind insurance.
Not forBuyers who need fee-simple land and a conventional mortgage, a site-built home, or who are under the age requirement.
The edgeDirect Indian River access with a marina at a co-op price is hard to match in the area; the structure is the trade-off.

HOA, CDD & Fees

15-Second Take
  • This is a co-op, so the monthly fee comes with share ownership, not a fee-simple deed.
  • Confirm the current maintenance fee and what it covers before you judge affordability.
  • Pair the fee with taxes and a waterfront flood quote to see the true monthly.

As a cooperative, the community charges a monthly maintenance fee that is part of share ownership rather than a standard HOA due; a verified current figure was not published here, so confirm the amount and exactly what it covers with the community before you buy. We do not publish a fee we have not verified.

Co-op maintenance fees on a community like this typically fund the common areas, the marina and pier, the clubhouse, and shared services; confirm the exact inclusions, and whether any utilities or lot-related costs are bundled, with the community.

There is no golf or private club membership; the community core is the clubhouse, the marina, and the fishing pier funded through the co-op.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across the Jacksonville metro for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus the Jacksonville metro average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Friendly Shores, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Terra Mar Village, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Friendly Shores home worth?

Get a no-obligation home value based on real comparable sales in Friendly Shores matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Friendly Shores on the map →

Real comps, not a Zestimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Volusia County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,789/mo
Volusia County typical true cost to own
$151/mo
Volusia County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Friendly Shores Market Scorecard

Buyer-Leaning Market (limited data)

Friendly Shores is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $219,900, and homes go under contract in about 248 days.

12.0
Months supply
$219,900
Median list
$88,000
Median sold
$223
Per sqft
248
Days on mkt
1/0/1
Active/Pend/Sold

Typical home value in the 32132 ZIP is $275,748, about 3.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: © 2026 Daytona Beach Area Association of REALTORS®, Inc. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Friendly Shores?
It is on the Indian River in Edgewater, Volusia County, ZIP 32132, a short drive south of New Smyrna Beach along US-1 (drpropertiesnow.com; neighborhoods.com, 2026).
Is it an age-restricted community?
Yes. Friendly Shores is an age-restricted, 55-and-older community; confirm the current age and occupancy rules with the community before you write (drpropertiesnow.com, 2026).
Is it a co-op?
Yes. It is a cooperative, so you buy a share in the community corporation along with your home rather than a fee-simple lot; read the co-op bylaws and the transfer-approval process during diligence (completerealtygrp.com, 2026).
What kind of homes are there?
Homes are manufactured homes in a range of bedroom configurations, frequently sold furnished as turnkey properties (watsonrealtycorp.com, 2026).
Is it on the water?
Yes. The community sits directly on the Indian River with a shared fishing pier and a small private marina, plus direct riverfront access (drpropertiesnow.com, 2026).
What does the monthly fee cover?
As a co-op, there is a monthly maintenance fee tied to share ownership; a verified current figure was not published here, so confirm the amount and what it covers with the community. We do not publish a fee we have not verified.
Can I bring a boat?
The community has a small private marina and a shared fishing pier; confirm current slip availability, any fees, and size limits with the community.
Will a lender finance a home here?
Co-op manufactured homes often require specialized or cash financing; confirm your lender will finance a share purchase in this community before you go far.
Is it in a flood zone?
As a direct riverfront community, expect flood-zone exposure; pull the FEMA flood zone for the specific home and a bindable flood and wind quote during diligence.
What are the taxes like?
Property taxes are driven by the Volusia County millage and applicable municipal and district rates published by the Volusia County Property Appraiser; pair taxes with the co-op maintenance fee to see the carrying cost (VCPA, 2024).
Is it close to the beach?
New Smyrna Beach and its oceanfront are roughly 15 to 20 minutes north and east; the community itself is on the river, not the ocean.
Is it a good value?
It offers affordable direct riverfront living with boat access, but the co-op structure, the manufactured-home age, and waterfront insurance mean you should confirm the fee, line up financing, and run the all-in monthly before deciding.
Who is the best real estate agent for Friendly Shores?
The best agent for Friendly Shores is one who actively works Edgewater and knows the community's pricing, HOA and CDD details, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Friendly Shores.
How do I find a top Edgewater real estate agent who knows Friendly Shores?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Friendly Shores and the wider Edgewater area.
Can Momentum Realty connect me with an agent for Friendly Shores?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Friendly Shores purchase or sale - no call center and no pressure.
You are 55 or older and want affordable, low-maintenance riverfront living with boat accessExcellent fit
You are comfortable with co-op ownership and a furnished, turnkey manufactured homeExcellent fit
You will confirm the maintenance fee, financing, and the flood picture before buyingExcellent fit
You need fee-simple land and a conventional mortgageProbably not
You want a site-built home or you are under the age requirementProbably not
You will not budget for waterfront flood and wind insuranceProbably not

Get the inside read on Friendly Shores

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Friendly Shores home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Friendly Shores specialist will reach out personally, usually the same day.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Information deemed reliable but not guaranteed.

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