$758,000
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2220 Hibiscus DR Edgewater, FL 32141
2 Baths
6,083 SqFt
Key Details
Sold Price $758,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,083 sqft
Price per Sqft $124
Subdivision Florida Shores
MLS Listing ID 1200903
Sold Date 10/18/24
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1990
Annual Tax Amount $7,065
Lot Size 0.619 Acres
Lot Dimensions 0.62
Property Description
This property is for THE COMBINED SALE offering of 2220 Hibiscus AND 2030 Hibiscus Drive (MLS #1200120) Edgewater, Florida at a TOTAL SALES PRICE OF $2.360M. The COMBINED total SQ FT is 16.103. There are a total of 64 rental units on these TWO well maintained properties located within a 1/ 4 mile of each other in the Commercial District of Edgewater. FL. It's a unique combination of a glass-front office building and a storage facility, catering to a variety of business needs. The 9 unit office building features large roll-up back doors designed for storage purposes, providing flexibility for businesses requiring both office space and storage solutions. The 40 ft deep retail spaces within the building are currently utilized effectively in many ways, offering a range of opportunities with street visibility for different types of businesses. Each unit in the building is separately metered, allowing tenants to pay their own utilities, helping to streamline the operational costs. Adding to the property's appeal is the rear building, which provides 2,000 square feet of storage space divided into 15 units. This additional storage capacity enhances the property's value and rental potential, offering secure and accessible storage solutions. With three 10 x 10 units, eight 10 x 20 units, and an additional four 5 x 8 unit, tenants have a selection of storage spaces to choose from based on their requirements. This variation in sizes not only accommodates different storage needs but also enhances the property's rental potential by appealing to a broader market of potential tenants. Ensuring the security and peace of mind of tenants is a top priority at this property. The storage units are located within a fenced and gated area, adding an extra layer of safety and protection for stored belongings. The roll-up doors further streamline the moving-in and moving-out process, making it hassle-free for tenants to access their storage space. Seize the opportunity to own a property that not only combines office and storage facilities but also offers a highly functional and diverse storage solution with ease of access and maximizes rental income potential. This property is poised to be a valuable asset in the commercial real estate market.
Location
State FL
County Volusia
Community Florida Shores
Direction South on US 1 to SR 2 turn R head W to Hibiscus, turn L head South to 2220 on the right.
Interior
Heating Central, Electric, Separate Meters
Cooling Electric, Separate Meters, Ductless
Exterior
Parking Features Additional Parking, Parking Lot
Utilities Available Cable Available, Electricity Connected, Separate Electric Meters, Sewer Connected, Water Connected
Roof Type Shingle
Accessibility Accessible Entrance, Accessible Hallway(s), Common Area, Visitor Bathroom
Building
Lot Description Cleared, Few Trees
Water Public
Structure Type Concrete,Stucco
Others
Senior Community No
Tax ID 8402-01-06-8700
Acceptable Financing Cash, Private Financing Available, Other
Listing Terms Cash, Private Financing Available, Other
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