Adaptable Warehouse/Office Unit in
2417 GUAVA DRIVE #1 Edgewater, FL 32141
For Sale
$150,000
Versatile 600 sqft unit in Edgewater's B-2 Business District.
Property Size600 SF
Lot Size0.08 Acres
Price / SF$250
Days on Market538
Property Features for 2417 GUAVA DRIVE #1
General Information
Standard status
Active
Size
600 SF
Lot size
0.08 Acres
Property subtype
Commercial
Building Details
Year Built
1982
Listing Agency:
OCEAN PROPERTIES & MANAGEMENT
(386) 428-0975
Listed By:
KELLEY DESOTO · License #3012908
Source:
Corcoran
Added: Feb 7, 2025
Changed: Jul 10
Last Checked: Jul 30 at 6:42AM
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 OCEAN PROPERTIES & MANAGEMENT
Investment Insights
Based on property information with market context.
This adaptable 600 square foot warehouse/storage/office unit is situated in Edgewater’s B-2 Business District. The unit features a 20’ x 30’ open area with a 9-foot ceiling, providing ample room for various uses. It is equipped with an in-wall air conditioning and heating unit. A private restroom is included for added convenience. Easy access is provided through both a roll-up garage door and a standard walkthrough door. The unit features recently painted walls and resilient epoxy flooring. It has 100-amp power service with separate power and water meters. The property is situated on a paved street with a smooth driveway. The end unit provides additional access and expanded use of the rear property. The metal roof was installed in 2018. This unit is suitable for entrepreneurs, business owners, or anyone in need of secure, versatile space.
Key Highlights
- Adaptable warehouse/storage/office unit in Edgewater’s B‑2 Business District, suitable for various business or storage needs.
- Spacious 20’ x 30’ open area with a 9‑foot ceiling.
- Climate‑controlled with in‑wall air conditioning and heating.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.4k | $18.96 |
| − Vacancy | −$967 | −$1.61 |
| EGI | $10.4k | $17.35 |
| − OpEx | −$3.6k | −$6.07 |
| NOI | $6.8k | $11.28 |
600 SF · lease $18.96/SF/yr · vacancy 8.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$96.7K
$84.6K – $112.8K
NOI $6,766 @ 7.0% cap · market cap 4.51%
Second Best
Warehouse
$68.9K
$60.3K – $80.4K
NOI $4,826 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$176.9K
$154.8K – $206.4K
NOI $12,384 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Laubster's Catering — 2102 S Ridgewood Ave #21, Edgewater, FL 32141
Frequently Asked Questions
What type of property is this?
Flex space - Versatile 600 sqft unit in Edgewater's B-2 Business District.
Where is this flex space located?
The property is located at 2417 GUAVA DRIVE #1 Edgewater, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Adaptable warehouse/storage/office unit in Edgewater’s B‑2 Business District, suitable for various business or storage needs.; Spacious 20’ x 30’ open area with a 9‑foot ceiling.; Climate‑controlled with in‑wall air conditioning and heating.
