Lot Size Acres: 0.6189
Number Of Units Total: 24
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: South on US 1 to SR 2 turn R head W to Hibiscus, turn L head South to 2220 on the right.
Public Remarks: This property is for THE COMBINED SALE offering of 2220 Hibiscus AND 2030 Hibiscus Drive (MLS #1200120) Edgewater, Florida at a TOTAL SALES PRICE OF $2.360M. The COMBINED total SQ FT is 16.103. There are a total of 64 rental units on these TWO well maintained properties located within a 1/ 4 mile of each other in the Commercial District of Edgewater. FL. 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.
Building Area Total: 6083
Stories Total: 1
Land Lease YN: No
List Price/SqFt: 160.28
Sold Price/SqFt: 124.61
Bathrooms Total: 2
Year Built: 1990
Country: US
Parcel Number: 8402-01-06-8700
Tax Annual Amount: 7065
Tax Year: 2023
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
Zoning Description: Commercial
Additional Parcels YN: No
Bathrooms Total: 2
Year Built: 1990
Accessibility Features YN: Yes
Building Name: Edgewater Plaza & Storage
Accessible Entrance: 1
Accessible Hallway(s): 1
Common Area: 1
Visitor Bathroom: 1
Ductless: 1
Electric: 1
Separate Meters: 1
Commercial: 1
Mini Storage: 1
Mixed Use: 1
Office: 1
Retail: 1
Back Yard: 1
Chain Link: 1
Fenced: 1
Central: 1
Electric: 1
Separate Meters: 1
Gross Income: 85092
Insurance Expense: 4300
Maintenance Expense: 1500
New Taxes Expense: 7000
Total Actual Rent: 85092
Cash: 1
Private Financing Available: 1
Other: 1
Common Area Maintenance: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Management: 1
Repairs: 1
Roof Maintenance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Additional Parking: 1
Parking Lot: 1
Close Of Escrow: 1
Subject To Tenant Rights: 1
Closed Circuit Camera(s): 1
Security Fence: 1
Security Gate: 1
Security Lights: 1
Smoke Detector(s): 1
Electricity: 1
Telephone: 1
Unit ID: 1-2
Annual Rent: 13044
Unit SqFt: 960
# Units (This Type): 2
Furnished: Unfurnished
Unit Remarks: Double office space
Unit ID: 3
Annual Rent: 4403
Unit SqFt: 480
# Units (This Type): 7
Furnished: Unfurnished
Unit Remarks: Single office space
Unit ID: 1-2
Annual Rent: 1788
Unit SqFt: 200
# Units (This Type): 2
Furnished: Unfurnished
Unit Remarks: Rear building for storage
Unit ID: 3-4
Annual Rent: 1344
Unit SqFt: 100
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: Exterior Storage
Unit ID: 5-12
Annual Rent: 2064
Unit SqFt: 200
# Units (This Type): 8
Furnished: Unfurnished
Unit Remarks: 10 x 20 storage unit
Unit ID: 13-14-15
Annual Rent: 840
Unit SqFt: 40
# Units (This Type): 4
Furnished: Unfurnished
Unit Remarks: Smallest Storage unit size
Unit ID: NA
Annual Rent: 0
Unit SqFt: 0
Furnished: Unfurnished
Unit Remarks: Intentionally Left Blank
Unit ID: NA
Annual Rent: 0
Unit SqFt: 0
Furnished: Unfurnished
Unit Remarks: Intentionally Left Blank
Cable Available: 1
Electricity Connected: 1
Separate Electric Meters: 1
Sewer Connected: 1
Water Connected: 1
# Overhead Doors: 24
% Air Conditioned or Heated: 60
Asbestos Present: No
Ceiling Eve Height: 8
Clear Ceiling Height: 11
Development Name: Hibiscus Plaza
Fenced: 1
Manager on Premise: 1
Max Parking Space Available: 18
Maximum Ceiling Height: 11
Min Parking Space Available: 20
Overhead Door Height: 8
Overhead Doors: 1
Price Per Bldg SqFt: 168
Private Restroom: 1
Rear Access: 1
Storage: 1
Vac Warehouse SqFt: 0
Accounting: 1
Administrative and Support: 1
Cabinets: 1
Carpet/Tile: 1
Commercial: 1
Computer: 1
Construction/Contractor: 1
Dance Studio: 1
Decorator: 1
Distribution: 1
Financial: 1
Hobby: 1
Mixed: 1
Professional Service: 1
Professional/Office: 1
Real Estate: 1
Retail: 1
Storage: 1
Other: 1
City: 1
Industrial Park: 1
Subdivision: 1
Insurance: 1
Licenses: 1
Maintenance: 1
Maintenance Grounds: 1
Water/Sewer: 1
Current Price: $758,000
Sold Price: $758,000
Status: Closed
Listing Contract Date: 2024-06-30
Property Sub Type: Mixed Use
Street Number: 2220
Street Name: Hibiscus
Street Suffix: Drive
County: Volusia
State: FL
Postal Code: 32141
MLS Area Major: 80 - Edgewater
Major Change Timestamp: 2024-10-18T21:28:06Z
Major Change Type: Status Change
Purchase Contract Date: 2024-09-17
Close Date: 2024-10-18
Close Price: 758000
Accessibility Features: Accessible Entrance; Accessible Hallway(s); Common Area; Visitor Bathroom
Building Features: Fenced; Manager on Premise; Overhead Doors; Private Restroom; Rear Access; Storage
Business Type: Accounting; Administrative and Support; Cabinets; Carpet/Tile; Commercial; Computer; Construction/Contractor; Dance Studio; Decorator; Distribution; Financial; Hobby; Mixed; Professional Service; Professional/Office; Real Estate; Retail; Storage; Other
Ceiling Type: Drywall; Insulated
Construction Materials: Concrete; Stucco
Cooling: Ductless; Separate Meters
Current Use: Commercial; Mini Storage; Mixed Use; Office; Retail
Electric: 200+ Amp Service
Existing Lease Type: Other
Fencing: Back Yard; Chain Link; Fenced
Flooring: Concrete
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Private Financing Available; Other
Location: Industrial Park; Subdivision
Lock Box Type: See Remarks
Lot Features: Cleared; Few Trees
Operating Expense Includes: Insurance; Licenses; Maintenance; Maintenance Grounds; Water/Sewer
Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Insurance; Management; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water
Parking Features: Additional Parking; Parking Lot
Possession: Close Of Escrow; Subject To Tenant Rights
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Building & Land
Security Features: Closed Circuit Camera(s); Security Fence; Security Gate; Security Lights; Smoke Detector(s)
Sewer: Public Sewer
Tenant Pays: Electricity; Telephone
Utilities: Cable Available; Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected
Water Source: Public