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!
Edgewater, FL 32132
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 4,000SqFt
- 1979Year Built
- 0.64Acres
- MLS# NS1082868
- Commercial
- Industrial
- Active
- Approx Time on Market8 months, 29 days
- Area32132 - Edgewater
- CountyVolusia
- Subdivision Assessors Alvarez Grant
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
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.
Related Searches: Chain of Lakes Winter Haven Florida