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    910 New York St Edgewater, FL 32141

    Sponsored
    For Sale
    $425,000

    High-yield Tri-plex, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a three-unit tri-plex located at 910 New York Street in Edgewater, Florida. Priced at $425,000, this property offers significant potential for strong rental income. All three units are currently leased, providing immediate cash flow for the new owner. The property's advantageous location offers easy access to the river, nearby beaches, a variety of shopping options, and numerous popular restaurants. This makes it an attractive proposition for tenants, ensuring high occupancy rates and consistent rental income. The property's specific square footage is not currently available, however, its prime location and the current rental income stream make it a compelling investment. The property sits on a lot with zero acres. This tri-plex represents a rare chance to acquire a well-situated, income-generating property in a desirable Florida coastal community. Serious inquiries are encouraged to explore this lucrative investment opportunity further. The property is ready for immediate ownership and income generation. Don't miss out on this exceptional chance to add a high-performing asset to your investment portfolio.

    Property Features for 910 New York St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Paint O Rama Painting Lessons

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.90273
    Latitude
    28.98462

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield Tri-plex, prime location.
    Where is this commercial real estate located?
    The property is located at 910 New York St Edgewater, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    (866) 595-6025
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    910 New York St 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
    910 New York St Edgewater, FL 32141
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