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    2532 Hibiscus Dr Edgewater, FL 32141

    For Sale
    $799,000

    Versatile 4,900 sq ft building, great location.

    Property size:
    4,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 4,900 square foot commercial building presents a remarkable investment or business opportunity in Edgewater, Florida. Situated on a 0.38-acre corner lot, this sturdy red iron structure offers unparalleled versatility. The building is thoughtfully divided into three equal spaces, each featuring two tall roll-up doors, providing ample access for large trucks. Internal access allows for seamless connection between the three sections, offering the flexibility to operate as independent units or be easily combined into one expansive space. The existing configuration includes three bathrooms, built-out office spaces, and substantial mezzanine storage, catering to diverse operational needs. Climate control is ensured by three mini-split units and two window units. The property boasts three-phase 240/high leg power with two meters, supporting a wide range of commercial applications. Convenient access is provided from both Hibiscus Drive and 26th Street, with quick access to I-95 enhancing its strategic location. A concrete parking lot and a fire hydrant are located on the property. This property is ideally suited for investors seeking a strong return or entrepreneurs looking to establish their business in a prime location. The combination of size, layout, and location makes this a truly unique opportunity.

    Property Features for 2532 Hibiscus Dr

    General Information

    Property type
    Investment properties
    Square Feet
    4,900 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1989
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lean Engineering Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.89663
    Latitude
    28.95557

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    FAQs

    What type of property is this?
    Investment property - Versatile 4,900 sq ft building, great location.
    Where is this investment property located?
    The property is located at 2532 Hibiscus Dr Edgewater, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    (386) 426-7234
    Request Owner's contact information
    2532 Hibiscus Dr Edgewater, FL 32141
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    Edgewater, FL 32141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2532 Hibiscus Dr Edgewater, FL 32141
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