Homes for sale - 708 W PARK AVE, Edgewater, FL 32132

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

$639,000

Est. payment - /mo

4,000 SqFt

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UPDATED:

11/22/2024 09:10 AM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $159

Subdivision Assessors Alvarez Grant

MLS Listing ID NS1082868

HOA Y/N No

Originating Board Stellar MLS

Year Built 1979

Annual Tax Amount $4,480

Lot Size 0.640 Acres

Acres 0.64

Property Description

Exceptional Investment Opportunity: Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity!
INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.45%

Location

State FL

County Volusia

Community Assessors Alvarez Grant

Zoning 07I1

Interior

Cooling Office Only

Exterior

Roof Type Metal

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Metal Frame,Metal Siding

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by COLLADO REAL ESTATE

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com

708 W PARK AVE Edgewater, FL 32132