2724 Hibiscus Drive, Edgewater, FL 32141
COMMERCIAL - Edgewater, FL
- Added:
- Jun 28, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 28 at 5:06 pm
Property Features for 2724 Hibiscus Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1
- Parking features
- Gated, Secured, Parking Lot
- Security features
- Security
- Fencing
- Chain Link, Fenced
- Standard status
- Active
- APN
- 8402-01-06-7890
- Size
- 10,650 SF
- Lot size
- 0.82 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 2-18-34 LOTS 6789 THRU 6792 BLK 220 FLORIDA SHORES REVISED PLAT PART OF FLORIDA SHORES UNIT NO 7 MB 23 PG 131 PER OR 7549 PG 4266 PER OR 8639 PG 2117
- Tax Annual Amount
- 7452
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Concrete, Metal Siding
- Roof type
- Metal, Shingle
Listing agent Tracey Barlow License #3438904 (386) 566-3715
Listing office The Barnett Group Inc. 3301 S Ridgewood Ave., Edgewater, FL (386) 426-7234
Listing date Jun 28, 2026
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Existing 3,400 SF warehouse with multiple small‑bay units sized approximately 510 to 720 SF
- New 7,250 SF warehouse under construction (145' x 50') with 20' clear ceiling heights
- Five oversized 14' roll‑up bay doors in the new warehouse
- Fully fenced and secured site with electric keypad entry gate; secured/gated parking lot
- Commercial B‑2 (Neighborhood Business) zoning; paved site
- Utilities include cable available; public water and public sewer
Overview
The site is paved and zoned Commercial B-2 (Neighborhood Business) in Edgewater, Florida. The combination of existing income potential from the current warehouse configuration and the ongoing construction of a larger facility supports a range of ownership and operating approaches.
From a practical standpoint, the flexible unit mix and secured yard can fit contractors, service businesses, and warehousing or light industrial users, as well as distribution and storage operations aligned with permitted Commercial B-2 uses. The property’s ability to serve as either an owner-user facility or a multi-unit setup can also support growth as additional space is completed.
Local Financial Insights For Office B
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 | $230.0k | $21.60 |
| − Vacancy | −$17.3k | −$1.62 |
| EGI | $212.8k | $19.98 |
| − OpEx | −$53.2k | −$5.00 |
| NOI | $159.6k | $14.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.895226
- Latitude
- 28.952522
