A1-702 W Park Ave Edgewater, FL 32132
Well-maintained flex building with dedicated office area, warehouse space, and a built-in mezzanine for storage.
- Added:
- Mar 17, 2026
- Days on Market:
- 117
- Last Refresh:
- Jul 11 at 2:16 am
Property Features for A1-702 W Park Ave
General Information
- Standard status
- Active
- Size
- 2,800 SF
Listing office White Whale Real Estate (386) 689-5171
Listing date Mar 17, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
The building is described as well-located in Edgewater, with access just minutes from I-95 and US-1. The Edgewater Airport (Massey Ranch) and a major industrial park are also noted nearby.
The property is maintained and configured for flexible business use, with a stated restriction that automotive, painting, and furniture-related businesses are not permitted.
Key Highlights
- 2800 SF office/warehouse flex building with 800 SF office and 800 SF warehouse plus an upstairs unit
- 800 SF office includes two private offices and two separate restrooms
- 800 SF warehouse features high ceilings and a built‑in mezzanine for extra storage
Local 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 | $53.1k | $18.96 |
| − Vacancy | −$4.5k | −$1.61 |
| EGI | $48.6k | $17.35 |
| − OpEx | −$17.0k | −$6.07 |
| NOI | $31.6k | $11.28 |
