Mixed-Use Property with Office
1830 ORANGE TREE DR, Edgewater, FL 32132
For Sale
$469,000
RP zoning and a residential floor plan allow for professional use alongside living space.
Property Size2,245 SF
Lot Size0.45 Acres
Price / SF$208.91
Days on Market187
Property Features for 1830 ORANGE TREE DR
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Condition
Property Use
Building Details
Building Size
Year Built
Year Renovated
Buildings
Listing Agency:
COASTAL AND COUNTRY PROPERTIES
Listed By:
Tammy Cory
(386) 410-2910
Source:
Coastalventures
Added: May 7
Changed: Nov 7
Last Checked: Nov 8 at 8:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COASTAL AND COUNTRY PROPERTIES
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Investment Insights
Based on property information with market context.
This 2,245-square-foot property combines a four-bedroom, two-bath residence with potential for professional or live-work occupancy. The 2002 home includes a formal dining room, eat-in kitchen nook, front parlor, laundry room, and open-concept living area. Its layout can accommodate three private offices, a conference room, reception area, break room, and full kitchen. Improvements include a roof installed in May 2022, replacement windows and doors, tile flooring, granite countertops, a hybrid water heater, and interior and exterior paint.
The property spans four combined lots totaling 0.45 acres and is zoned RP. Site features include a concrete parking area with nine spaces, two driveway entrances, and a 420-square-foot, two-car garage. Additional improvements include a 25-by-27-foot screened patio, a 16-by-12-foot storage shed, fenced grounds, and a 30-amp RV hookup. A generator connection is also present; the generator is not included.
The property spans four combined lots totaling 0.45 acres and is zoned RP. Site features include a concrete parking area with nine spaces, two driveway entrances, and a 420-square-foot, two-car garage. Additional improvements include a 25-by-27-foot screened patio, a 16-by-12-foot storage shed, fenced grounds, and a 30-amp RV hookup. A generator connection is also present; the generator is not included.
Key Highlights
- Four combined lots totaling 0.45 acres; RP zoning
- 2,245‑square‑foot building with four bedrooms and two full baths
- Concrete parking area with nine spaces and two driveway entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,641
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,820
$672.8K
Cap Rate 7%
$480,586
$480.6K
Cap Rate 9%
$373,789
$373.8K
Market Conditions
NOI Build-Up for 2,245 SF
Gross rent
$48.5K $21.60/SF
− Vacancy
−$3.6K −$1.62/SF
EGI
$44.9K $19.98/SF
− OpEx
−$11.2K −$5.00/SF
NOI
$33.6K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,820
Cap Rate 7%
$480,586
Cap Rate 9%
$373,789
Alternative Uses
Best Use
Office B
$480.6K
$420.5K – $560.7K
NOI $33,641 @ 7.0% cap · market cap 7.17%
Second Best
Mixed Use
$396.2K
$346.6K – $462.2K
NOI $27,731 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$662.0K
$579.2K – $772.3K
NOI $46,337 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
322
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Business Placement
Demographics for 32132, FL
8,189
Population
4,266
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$53,860
Median Household Income
$34,816
Median Earnings
$1,316
Median Rent
$234,900
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Volusia County, FL
Properties on Market for Mixed-use properties in Volusia County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - RP zoning and a residential floor plan allow for professional use alongside living space.
Where is this mixed-use property located?
The property is located at 1830 ORANGE TREE DR Edgewater, FL.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Four combined lots totaling 0.45 acres; RP zoning; 2,245‑square‑foot building with four bedrooms and two full baths; Concrete parking area with nine spaces and two driveway entrances
