Office/Warehouse with
702 W PARK Avenue Edgewater, FL 32132
For Sale
$415,000
COMMERCIAL - EDGEWATER, FL
Property Size800 SF
Lot Size0.02 Acres
Price / SF$518.75
Days on Market167
Property Features for 702 W PARK Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 7452-19-02-00A1
- Size
- 800 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- UNIT A1 BLDG 702 ATLANTIC INDUSTRIALS PROPERTIES CONDO PER OR 3214 PG 1213 PER OR 4789 PG 1362 PER OR 5732 PGS 0105-0107 INC PER OR 5732 PGS 0111-0113 INC PER OR 5748 PGS 4040-4042 INC PER OR 5903 PG 4592 PER OR 8106 PG 3266 PER OR 8106 PG 3270
- Tax Annual Amount
- 1825
Building Details
- Year built
- 1985
- Building materials
- Metal Frame, Metal Siding
Listing Agency:
WHITE WHALE REAL ESTATE
(388) 689-5171
Listed By:
Christopher Schwarz
(386) 689-5171
Added: Feb 10
Changed: Jul 23
Last Checked: Jul 27 at 2:06AM
MLS# NS1087234
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office/warehouse totals 2,800 SF and is set up for a mixed work and storage use. The building includes 800 SF of office space with two separate restrooms, 800 SF of warehouse space with high ceilings, and a built-in mezzanine for additional storage. There is also 1,200 SF of additional office space on the second floor, allowing for separate working areas within the same facility.
The property is located at 702 W Park Avenue in Edgewater, FL, and is described as being just minutes from I-95 and US-1. The Edgewater Airport (Massey Ranch) and a major industrial park are noted nearby.
Please note that automotive, painting, and furniture-related businesses are not permitted for this property. Seller financing is available; call today for details.
The property is located at 702 W Park Avenue in Edgewater, FL, and is described as being just minutes from I-95 and US-1. The Edgewater Airport (Massey Ranch) and a major industrial park are noted nearby.
Please note that automotive, painting, and furniture-related businesses are not permitted for this property. Seller financing is available; call today for details.
Key Highlights
- 2,800 SF office/warehouse in Edgewater built in 1985 with metal frame and metal siding
- Includes 800 SF office space with two separate restrooms
- Warehouse area features high ceilings and a built‑in mezzanine for extra storage
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 | $17.3k | $21.60 |
| − Vacancy | −$1.3k | −$1.62 |
| EGI | $16.0k | $19.98 |
| − OpEx | −$4.0k | −$5.00 |
| NOI | $12.0k | $14.99 |
800 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$171.3K
$149.9K – $199.8K
NOI $11,988 @ 7.0% cap · market cap 2.89%
Second Best
Flex RnD
$128.9K
$112.8K – $150.4K
NOI $9,021 @ 7.0% cap · market cap 2.17%
Theoretical Best
Office A
$235.9K
$206.4K – $275.2K
NOI $16,512 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotel-Pak Gold Inc
Big Box & Wholesale Store
FAQs
What type of property is this?
Flex space - 2,800 SF office/warehouse with separate restrooms, high-ceiling warehouse, and a built-in mezzanine for storage.
Where is this flex space located?
The property is located at 702 W PARK Avenue Edgewater, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,800 SF office/warehouse in Edgewater built in 1985 with metal frame and metal siding; Includes 800 SF office space with two separate restrooms; Warehouse area features high ceilings and a built‑in mezzanine for extra storage
