EDGEWATER, FL 32132 708 W PARK AVENUE
$639,000
11 more
Presented By: COLLADO REAL ESTATE with 386-427-0002. - 386-427-0002
SQFT • 4,000
Home Details
Exceptional Investment Opportunity in Prime Industrial Zone
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 7.81%
Presented By: COLLADO REAL ESTATE with 386-427-0002. - 386-427-0002
Interior Features for 708 W PARK AVENUE
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
General for 708 W PARK AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Building Featuresbathrooms, fencing, overhead doors
Cityedgewater
Construction Materialsmetal frame, metal siding
Coolinga/c - office only
Countyvolusia
Directionsfrom new smyrna beach, go south on us1, right on park ave., cross the railroad tracks and the property will be on the left.
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptione 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
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet27978
Lot Size Unitssquare feet
MLS Area32132 - edgewater
ModificationTimestamp2025-08-12t22:10:24.013z
New ConstructionNo
Ownershipsole proprietor
Property Conditioncompleted
Property Subtypeindustrial
Property Typecommercial sale
Roofmetal
Standard Statusactive
Statusactive
Subdivision Nameassessors alvarez grant
Tax Annual Amount4685.65
Tax Lot37
Tax Year2024
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1979
Zoning07i1
Exterior for 708 W PARK AVENUE
Building Area Total4000
Foundation Detailsslab
Lot Dimensions368 x 76
Lot Featuresindustrial park, landscaped, sidewalk
Lot Size Acres0.64
Lot Size Area27978
Number of Buildings1
Number of Separate Electric Meters4
Road Frontage Typestreet paved, city street
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt, dirt
Waterfront Y/NNo
Additional Details
Price History
Vitaly Sapiro
Realtor®
