2030 Hibiscus DRIVE Edgewater, FL $ 1,385,000
2030 Hibiscus DRIVE
$ 1,385,000
New Construction
Share Save

2030 Hibiscus DRIVE

Edgewater, FL, 32141
$ 1,385,000
Baths0.0 Sq 10,020

Monthly Estimate*

$ 9,205

2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 1
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 2
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 3
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 4
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 5
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 6
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 7
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 8
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 9
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 10
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 11
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 12
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 13
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 14
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 15
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 16
2030 Hibiscus DRIVE, Edgewater, FL 32141 - Image 17
View a Virtual Tour
Studio

Commercial Property for sale in Edgewater, FL

for $1,385,000. This 10,020 square foot building was built in 1998 on a lot size of 0.67.

This property is for THE COMBINED SALE offering of 2030 Hibiscus AND 2220 Hibiscus Drive (MLS #NS1081965) Edgewater, Florida at a TOTAL SALES PRICE OF $2.360M. There are a total of 64 rental units on these TWO well maintained properties located just up the street from each other in the Commercial District of Edgewater. FL. The COMBINED TOTAL SQ FT is 16103. 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.

See more

Commercial Active

Price

$ 1,385,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,877

Style

Warehouse

Lot Size

0.67

Year Built

1998

Town/City

Edgewater

County/Region

Volusia

MLS | Web ID

NS1081787

Features
General
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.
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 41
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
Monthly Condo Fee Amount 0
Water View Y/N No
Flood Zone Code X
See more
Interior
Flooring Concrete
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
See more
Exterior
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 Gas Meters 0
Number of Separate Electric Meters 1
Road Frontage Type Business District City Street
Number of Lots 1
Road Responsibility Public Maintained Road
See more
* Excluded Features
List By
Collado Real Estate

Broker

Bryan.J.Disbrow@gmail.com

Email

Affordability Calculator

$9,862
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
$656
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2024$1,385,000 -7.05% Price Down
6/28/2024$1,490,000 -16.76% Price Down
6/11/2024$1,790,000 Listed Price

Map


See all

2030 Hibiscus DRIVE, Edgewater, FL, 32141 is a Commercial Property for sale at $1,385,000 with 10,020 sqft and a lot size of 0.67. 2030 Hibiscus DRIVE is a studio with 0.0 baths and was built in 1998. The property's zip code is 32141 which is in Edgewater, FL