New Construction - Seller Financing
Address
2030 Hibiscus DRIVE, EDGEWATER, FL
Price
$ 1,790,000
Property Attributes
- MLS#NS1081787
- TypeCommercial
- CountyVOLUSIA
- CityEDGEWATER
- AreaEdgewater
- NeighborhoodFlorida Shores
- Zip32141
- StyleWarehouse
- Year Built1998
- Taxes$ 7877
- Price$ 1,790,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10020
- Lot Size0.67 Acres
Data Source:
Stellar MLS
Property Description
This 40-unit storage facility located in the Commercial business district is a lucrative investment opportunity. The original concrete block 7000 sq. ft. main building FLEXSPACE is currently being used as FOURTEEN individual storage units of various sizes and can easily be converted back to one, two or three larger capacity units/facilities. There is a large upfront unit of 2185 s ft w/ bathroom, TWELVE units of 25 x 14 and a spacious end unit of 50 x 14. The additional metal building houses 26 additional units and was newly added after completion of the main building. There are FOUR 10 x 8 storage units and TWENTY-TWO 10 x 10 storage units. Completely updated and in perfect working order, these facilities are ready to generate solid income for any investor. The property is a large parcel w survey available measures 160 ft x 187 ft. Ideal for a 1031 exchange buyer looking to reinvest in a like-kind property here in Florida and defer capital gains taxes, this storage facility promises a reliable source of income. With multiple units of varying sizes available, there is ample potential to maximize returns and cater to a diverse range of storage needs for tenants. Some units are climate controlled, while others are not. Owner pays electric & Water costs Overall, this property presents a secure and profitable investment option for those seeking a stable income stream in the commercial real estate sector. Don't miss out on this chance to acquire a turnkey investment property with significant income potential. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a reliable source of passive income, this renovated storage facility is a smart and lucrative choice. Contact me today for more information and take the first step towards securing this prime real estate opportunity.
| Price History | |
|---|---|
| 6/11/2024 | Listed $1,790,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Available,Sewer Nearby,Water Connected |
| Roof | Metal |
| Zoning | B |
| Security Features | Closed Circuit Camera(s),Security Lights |
| Construction Materials | Concrete |
| Pets Allowed | No |
| Year Built | 1998 |
| Electric | 200+ Amp Service |
| Levels | One |
| Property SubType | Warehouse |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| Accessibility | Accessible Entrance,Accessible Full Bath |
| County | Volusia |
| New Construction | Yes |
| Property Type | Commercial Sale |
| Subdivision Name | FLORIDA SHORES |
| Facing Direction | East |
| Building Features | Bathrooms,Common Lighting,Fencing,Outside Storage,Overhead Doors |
| Other Structures | Storage |
| Status | Active |
| Directions | Head south on US 1 to SR 442 (Indian River Road) head W go to Hibiscus turn left head S to 2030 on the right. |
| ModificationTimestamp | 2024-06-17T18:50:22.547Z |
| City | EDGEWATER |
| Buyer Agent Compensation | 2% |
| Disclosures | Seller Property Disclosure |
| Association Name | Gail Laughlin |
| View Y/N | No |
| MLS Area | 32141 - Edgewater |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 29600 |
| Waterfront Y/N | No |
| Tax Annual Amount | 7877 |
| Property Condition | Completed |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/NS1081787 |
| Days on Market | 6 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 3142-3145 |
| Legal Description | LOTS 3142 TO 3145 INC BLK 152 FLORIDA SHORES NO 2 REVISED PL AT MB 23 PG 103 PER OR 2747 PG 0596 PER OR 7030 PG 0225 PER OR 8230 PG 4790 |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X |
Interior Features
| Flooring | Concrete |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| LivingAreaSource | Owner |
Exterior Features
| Parking Features | 6 to 12 Spaces,Curb Parking,Ground Level |
|---|---|
| Lot Features | Central Business District |
| Water Source | Public |
| Lot Size Area | 29600 |
| Foundation Details | Slab |
| Number of Buildings | 2 |
| Building Area Total | 10020 |
| Lot Dimensions | 160 x 187 |
| Lot Size Acres | 0.67 |
| Road Surface Type | Asphalt,Paved |
| Number of Separate Water Meters | 1 |
| Number of Separate Electric Meters | 1 |
| Road Frontage Type | Business District,City Street |
| Number of Lots | 1 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32141
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 23, 2024 3:15 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is 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. Information is deemed reliable but not guaranteed.
