708 Park Avenue
Brokerage Office: 352-629-6883
708 Park Avenue, EDGEWATER, FL 32132
  • MLS#: NS1082868 ( Commercial Sale )
  • Street Address: 708 Park Avenue
  • Viewed: 1
  • Price: $639,000
  • Price sqft: $160
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 4000
  • Days On Market: 54
  • Additional Information
  • Geolocation: 28.9873 / -80.9177
  • County: VOLUSIA
  • City: EDGEWATER
  • Zipcode: 32132
  • Subdivision: Assessors Alvarez Grant
  • Provided by: COLLADO REAL ESTATE
  • Contact: Ignacio Barsottelli
  • 386-427-0002
  • mfrmls
  • DMCA Notice
  • 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. 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%
Property Location and Similar Properties
All
Similar
Property Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Office Only
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Legal Description
  1. 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
Living Area
  1. 4000.00
Area Major
  1. 32132 - Edgewater
Net Operating Income
  1. 43400.00
Parcel Number
  1. 7452-01-00-037A
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Roof
  1. Metal
Tax Year
  1. 2023
Township
  1. 17
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/NS1082868
Year Built
  1. 1979
Zoning Code
  1. 07I1
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