1. Florida
  2. Edgewater
  3. 708 W PARK AVENUE
$639,000

708 W PARK AVENUE, Edgewater, FL 32132

  • 4,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon0.64acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $160/sqft
  • Property List Date Icon Listed 9 months ago

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%

Listing Status:
Active
Date Added:
October 28, 2024 at 05:00AM
Listing Office:
COLLADO REAL ESTATE : 386-427-0002
Listing Agent:
Ignacio Barsottelli : 386-401-8008
MLS ID:
NS1082868
  • A/C: A/C - Office Only

This listing courtesy of Ignacio Barsottelli, COLLADO REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edgewater Public Elementary School

801 S Old County Rd, Edgewater, FL, 32132

Grades PK-5

0.66 miles away

N

New Smyrna Beach Middle School

1200 S Myrtle Ave, New Smyrna Beach, FL, 32168

Grades 6-8

1.22 miles away

N

New Smyrna Beach High School

1015 10th St, New Smyrna Beach, FL, 32168

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.