David Shippey
863.521.4517

708 W Park Avenue Edgewater Florida | Home for Sale

To schedule a showing of 708 W Park Avenue, Edgewater, Florida, Call David Shippey at 863-521-4517 TODAY!

$639,000 | N/A beds | N/A full baths | N/A half baths | 4,000 sqft

$639,000 No Recent Price Change
708 W Park Avenue
Edgewater, FL 32132
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • 4,000SqFt
  • 1979Year Built
  • 0.64Acres
  • MLS# NS1082868
  • Commercial
  • Industrial
  • Active


Overview

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. Dont 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%



Agriculture / Farm

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Building Info

Roof:  Metal

Building Area Source:  PublicRecords

Business Info

Buyer Compensation

Exterior Features

Pool Private:  No

Financial

Gross Scheduled Income:  53,570

Net Operating Income:  43,400

Original Price:  $639,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Spa:  No

Lot Info

Direction Remarks:  From New Smyrna Beach, go South on US1, Right on Park Ave., cross the railroad tracks and the property will be on the left.

Lot Size Units:  Acres

Lot Size Acres:  0.64

Lot Sqft:  27,978

Road Frontage Type:  CityStreet

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  52

Class Type:  Industrial

Property Sub Type:  Industrial

Property Attached:  No

New Construction:  No

Construction Materials:  MetalFrame, MetalSiding

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  4,000

Bulding Area Sqft:  4,000

Living Area Units:  SquareFeet

Tax Info

Tax Year:  2,023

Tax Lot:  37

Tax Legal Description:  E 75 FT OF W 2546.5 FT OF N 380 FT OF LOT 37 ALVAREZ GRANT MB 3 PG 137 EXC N 7.79 FT ON W/L FOR R/W PER OR 4292 PG 0439 PER OR 7205 PG 4049 PER OR 7930 PG 0677

Tax Block:  00/37A

Tax Annual Amount:  4480

Tax Book Number:  MB3-137

Unit Info

Utilities / Hvac

Cool System:  Partial

Cooling:  No

Heating:  No

Waterfront / Water

Waterfront:  No

View:  No

Directions

From New Smyrna Beach, go South on US1, Right on Park Ave., cross the railroad tracks and the property will be on the left.

This listing courtesy of Collado Real Estate 

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On davidshippey.com since Mon, Oct 28th 2024
No Property History recorded for this listing.

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If you have any questions on 708 W Park Avenue, Edgewater, Florida, please call David Shippey at 863-521-4517.


MLS# NS1082868 located at 708 W Park Avenue, Edgewater, Florida is brought to you by David Shippey REALTOR®

708 W Park Avenue, Edgewater, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 708 W Park Avenue, Edgewater, Florida is NS1082868.
The price for 708 W Park Avenue, Edgewater, Florida is $639,000.
The status of 708 W Park Avenue, Edgewater, Florida is Active.
The subdivision of 708 W Park Avenue, Edgewater, Florida is Assessors Alvarez Grant.
The home located at 708 W Park Avenue, Edgewater, Florida was built in 2025.

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