Edgewater, FL 32141,2220 Hibiscus DR
Edgewater, FL 32141,2220 Hibiscus DR
Edgewater, FL 32141,2220 Hibiscus DR
Edgewater, FL 32141,2220 Hibiscus DR
Edgewater, FL 32141,2220 Hibiscus DR
Edgewater, FL 32141,2220 Hibiscus DR
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$975,000

Est.Price: ?

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Est. payment /mo

2 Baths

6,083 SqFt


SOLD DATE : 10/18/2024

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 6,083 sqft

Price per Sqft $124

MLS Listing ID 1200903

Sold Date 10/18/24

HOA Y/N No

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1990

Annual Tax Amount $7,065

Acres 0.62

Property Sub-Type Mixed Use

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

Area 80 - Edgewater

Direction South on US 1 to SR 2 turn R head W to Hibiscus, turn L head South to 2220 on the right.

Region Edgewater

City Region Edgewater

Interior

Heating Central, Electric, Separate Meters

Cooling Electric, Separate Meters, Ductless

Flooring Concrete

Heat Source Central, Electric, Separate Meters

Exterior

Parking Features Additional Parking, Parking Lot

Fence Back Yard, Chain Link, Fenced

Utilities Available Cable Available, Electricity Connected, Separate Electric Meters, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle

Road Frontage City Street

Building

Lot Description Cleared, Few Trees

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Concrete,Stucco

Others

Tax ID 8402-01-06-8700

Ownership Merilson Capital Trust

Security Features Closed Circuit Camera(s),Security Fence,Security Gate,Security Lights,Smoke Detector(s)

Acceptable Financing Cash, Private Financing Available, Other

Listing Terms Cash, Private Financing Available, Other

Financing Cash

Special Listing Condition Standard

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Listed by Bryan Disbrow • Collado Real Estate
Bought with Non-Member Non-Member Out Of Area • Non-MLS or Out of Area
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