2220 Hibiscus Drive
Edgewater, FL 32141
$758,000
Last Sold Price
—
Beds
3,240 Sq. Ft.
$234 / Sq. Ft.
3,240
Sq. Ft.
$234
per Sq. Ft.
Sold 10/18/24
Sold 10/18/24
Description
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...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, seven 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.
Property Details for 2220 Hibiscus Drive
Complex Development Name
Edgewater Plaza & Storage
Subdivision NameFLORIDA SHORES
Township34
WaterfrontNo
LISTING UPDATED: 10/18/2024 01:09 PM
Property Details for 2220 Hibiscus Drive
| Status | Sold |
|---|---|
| MLS # | NS1081965 |
| Days on Market | 40 |
| Taxes | $6,997 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale / Mixed Use |
| Year Built | 1990 |
| Lot Size | 0.62 AC / 26,960 SF |
| County | Volusia County |
Building Information for 2220 Hibiscus Drive
Stories1Residences24Year Built1990Lot Size0.62 AC / 26,960 SF
Property Information for 2220 Hibiscus Drive
Summary
Location and General Information
- Building Area Source: Owner
- Building Area Total: 6083.0
- Building Area Units: Square Feet
- Community Features: Sidewalk
- Direction Faces: East
- Directions: South on US 1 to SR 2 turn R head W to Hibiscus, turn L head South to 2220 on the right.
- Road Frontage Ft: 100.0
- Mls Major Change Type: Sold
- Major Change Type: Closed
- Listing Service: Full Service
- Road Frontage Type: City Street
- Unit Number: No
- Street Number: 2220
- Street Name: HIBISCUS
- Street Suffix: DRIVE
- State: FL
- City: EDGEWATER
- Between US 1 River YN: No
- Geolocation: Edgewater S:442 to Oak Hill
Parking
- Garage Door Height: 8
- Parking Features: 13 to 18 Spaces
Taxes and HOA Information
- Condo Environment: No
- Management: On Site Property Manager
- Tax Block: 225
- Tax Book Number: 23/131
- Tax Legal Description: LOTS 6870 TO 6873 INC BLK 225 FLORIDA SHORES UNIT NO 7 MB 23 PG 131 PER OR 4809 PGS 0023-0024 PER OR 6707 PG 3196 PER OR 6708 PG 2760 PER OR 7414 PGS 4668-4669 PER OR 8085 PG 4469
- Tax Lot: 6870-6873
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/NS1081965
Property
Lot Information
- Additional Parcels: No
- Easements: All Sides
- Lot Features: Central Business District, In City Limits, Industrial Park, Street Lights, Street Paved
- Lot Size Dimensions: 160 x 167
- Parcel Number: 840201068700
- Total Acreage: 1/2 to less than 1
- Total Num Buildings: 2
- Use Code: BUS
- Water Access: No
- Water Extras: No
- Zoning: B2
- Living Area: 3240
- Development Name Free Text: Edgewater Plaza & Storage
- Lot Dimensions: 160 x 167
Property and Assessments
- Year Built Numeric: 1990
- Adjoining Property: Commercial
- Flood Zone Code: X
- Net Operating Income: $69,952
- New Construction: No
- Numof Restrooms: 2
- Property Condition: Completed
- Public Survey Range: 02
- Public Survey Section: 18
- Dock YN: No
Utilities
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Utilities: Phone Available, Public, Water Connected
- Water Source: Public
- Num Electric Meters: 9.0
- Num Gas Meters: 0.0
- Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
- Construction Materials: Concrete, Stucco
- Converted Residence: No
- Eaves Height: 10
- Foundation Details: Concrete Perimeter, Slab
- Levels: One
- Other Structures: Storage
- Pool: None
- Pool Private: No
- Roof: Shingle
- Security Features: Closed Circuit Camera(s), Security Gate, Smoke Detector(s)
- Vegetation: Trees/Landscaped
- Waterfront Feet Total: 0
- Number Of Stories: 1
Interior Features
- Ceiling Height: 10 to 15 Feet
- Ceiling Type: Drywall
- Cooling: Mini-Split Unit(s)
- Door Height: 8
- Door Width: 8
- Flooring: Concrete
- Freezer Space: No
- Heating: Electric
- Living Area Source: Owner
- Living Area Units: Square Feet
- Water View: No
- Window Features: Display Windows, Tinted Windows
Multi Family
Multi-Family Information
- Annual Expenses: $12,700
- Annual Income Type: Projected
- Gross Scheduled Income: $82,752
Rental
Rental Information
- Pets Allowed: No
Property History for 2220 Hibiscus Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2220 Hibiscus Drive
Taxable ValueLand$68,748Additions$318,081Total$386,829
Tax Record2023$7,065 ($589 / month)
Home Facts
Baths2.5Total Finished SqFt4,804 SqFtAbove Grade Finished SqFt4,804 SqFtStories1Lot Size26,960 SqFtStyleStoresYear Built1990ZoningB2CountyVOLUSIAAPN8402-01-06-8700
Schools near 2220 Hibiscus Drive
This home is within Volusia.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Edgewater Public School PublicPK to 5 | ||
New Smyrna Beach Middle School Public6 to 8 | ||
New Smyrna Beach High School Public9 to 12 | ||
Burns Science And Technology Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of COLLADO REAL ESTATE, Bryan Disbrow
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/18/2024 01:09 PM
