2220 Hibiscus Dr

Edgewater, FL 32141

$758,000
Last Sold Price
—
Beds
—
Baths
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.
  1. Listed by Bryan Disbrow • Brokerage DRE #1022667 • COLLADO REAL ESTATE
    P: (386)-690-2558 C: (386)-690-2558 Bryan.J.Disbrow@gmail.com

Property Details for 2220 Hibiscus Drive

Complex Development Name
Edgewater Plaza & Storage
Subdivision Name
FLORIDA SHORES
Township
34
Waterfront
No
LISTING UPDATED: 11/05/2024 11:25 AM

Property Details for 2220 Hibiscus Drive

StatusSold
MLS #NS1081965
Days on Market40
Taxes$6,997 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1990
Lot Size0.62 AC / 26,960 SF
CountyVolusia County

Location

Listing Courtesy of COLLADO REAL ESTATE, Bryan Disbrow

Sold By TRANSACT BROKERS INC, Karl Hittinger; TRANSACT BROKERS INC, Rebecca Hittinger

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Building Information for 2220 Hibiscus Drive

Stories1Residences24Year Built1990Lot Size0.62 AC / 26,960 SF

Payment Calculator

$4,277 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,694

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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: Sidewalks
  • 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.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Lights, Street Paved, 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
Property
Lot Information
  • Additional Parcels: No
  • Easements: All Sides
  • Lot Features: Central Business District, City Lot, Industrial Park, Street Lights
  • 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
  • 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 Window(s), 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

DateEvent & SourcePriceAppreciation
Oct 18, 2024

Sold (Public Record)

Public Record #1544306329

$758,000

+26.4% / yr

Oct 18, 2024

Sold

MFRMLS #NS1081965

$758,000—
Aug 10, 2024

Pending

MFRMLS #NS1081965

—
Jun 30, 2024

Listed (Active)

MFRMLS #NS1081965

$975,000—
Jul 19, 2021

Sold (Public Record)

Public Record #1468224460

$354,425

+0.8% / yr

Jan 29, 2002

Sold (Public Record)

Public Record #84665052

$305,000—
DateEvent & SourcePrice
10/18/2024

Sold (Public Record)

Public Record #1544306329

$758,000

+26.4% / yr

10/18/2024

Sold

MFRMLS #NS1081965

$758,000
08/10/2024

Pending

MFRMLS #NS1081965

—
06/30/2024

Listed (Active)

MFRMLS #NS1081965

$975,000
07/19/2021

Sold (Public Record)

Public Record #1468224460

$354,425

+0.8% / yr

01/29/2002

Sold (Public Record)

Public Record #84665052

$305,000

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$128,060Additions$518,283Total$646,343
Tax Record2025$13,749 ($1,146 / month)
Home Facts
Baths2.5Total Finished SqFt4,804 SqFtAbove Grade Finished SqFt4,804 SqFtStories1Lot Size26,960 SqFtStyleWarehouseYear Built1990Year Renovated2005ZoningB2CountyVOLUSIAAPN8402-01-06-8700

Schools near 2220 Hibiscus Drive

This home is within Volusia.
Rating
School
Type
Grades
Distance
Edgewater Public School
Public - PK to 5
New Smyrna Beach Middle School
Public - 6 to 8
New Smyrna Beach High School
Public - 9 to 12
Burns Science And Technology Charter School
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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: 11/05/2024 11:25 AM