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    Property profile & analytics

    2424 Hibiscus Dr Edgewater, FL 32141-5002

    • Warehouses
    • 13,936 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $910,000
    Last Sale
    Jul 28, 2022
    $1,015,000
    Location Intelligence
    Property ID
    US18-0463185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A Storage 4 Less / Self-Storage Facility
    • U-Haul Neighborhood Dealer / Van Rental Agency / Truck Rental Agency
    • Self Storage Edgewater / Self-Storage Facility
    • Edgewater Self Storage / Self-Storage Facility

    Property Details for 2424 Hibiscus Dr

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.06 lot acres
    Property size
    13,936 SF
    Zone code
    B2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    8402-01-06-8330
    APU
    840201068330

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,060,000
      6.5%
      $945,000
      7%
      $950,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $905,000
      Geo Method
      $1,030,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $980,000
      Retail
      $835,000
      Mixed-Use
      $875,000
      Hospitality
      $805,000
      Educational
      $1,010,000
      Residential Income
      $1,025,000
      Energy
      $1,060,000
      Income-Based Land
      $835,000
      Food Service
      $830,000

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.8975
    Latitude
    28.9575
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,127
    $138,960
    $762,237
    $901,197
    -
    $138,960
    $762,237
    $901,197

    Comparable in this City

    • Value Estimation
      $575,000
      2,400 SF

      3017 India Palm Dr

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      3017 India Palm Dr, Edgewater, FL 32141-6203
      View Details
    • Value Estimation by Request
      5,150 SF

      1904 Hibiscus Dr

      MINI-WAREHOUSE, STORAGE • 5,150 SF
      1904 Hibiscus Dr, Edgewater, FL 32141-4004
      View Details
    • Value Estimation by Request
      12,880 SF

      1952 Guava Dr

      MINI-WAREHOUSE, STORAGE • 12,880 SF
      1952 Guava Dr, Edgewater, FL 32141-8114
      View Details
    • Value Estimation
      $365,000
      1,920 SF

      1852 Hibiscus Dr

      MINI-WAREHOUSE, STORAGE • 1,920 SF
      1852 Hibiscus Dr, Edgewater, FL 32141-4002
      View Details
    • Value Estimation by Request
      3,300 SF

      1934 Hibiscus Dr

      MINI-WAREHOUSE, STORAGE • 3,300 SF
      1934 Hibiscus Dr, Edgewater, FL 32141-4004
      View Details
    • Value Estimation by Request
      9,056 SF

      287 Clb Rio Dr

      WAREHOUSE, STORAGE • 9,056 SF
      287 Clb Rio Dr, Edgewater, FL 32141-7262
      View Details

    Similar Nearby for Sale

    • $449,000
      Pending

      New Warehouse in Thriving District

      New 2500 sqft warehouse in Edgewater, FL, ready March 2026.
      2421 Guava Dr, Edgewater, FL 32141
      View Details
    • $749,000

      Versatile Commercial Building with New Roof

      4900 SF commercial building with flexible layout and easy access.
      2532 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $1,100,000
      4,956 SF

      Edgewater Commercial Warehouse

      Prime Edgewater location, high income potential.
      1955 Guava Dr, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      New Warehouse in Thriving District

      New 2600+ sqft warehouse in Edgewater, FL, ready March 2026.
      2421 Guava Dr Guava St, Edgewater, FL 32141
      View Details
    • $1,450,000
      8.76 Acres

      Edgewater Commercial Land Opportunity

      23.75 acres with frontage on Indian River Blvd.
      Indian River Blvd W, Edgewater, FL 32141
      View Details
    • $799,000
      2,400 SF

      Edgewater Industrial Property - $799,000

      10,000 sq ft lot, 2,400 sq ft building
      2012 Guava Dr, Edgewater, FL 32141
      View Details

    Similar Nearby for Lease

    • $5,400 /Mo

      Warehouse Units with Utilities Included

      Warehouse units featuring walk-through, garage door, sink, and toilet.
      2504 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $12 SF/Yr
      34,695 SF

      Edgewater Retail/Warehouse Flex Space

      9,200 SF retail/warehouse space in a rapidly growing corridor.
      3042 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $3,900 /Mo
      3,000 SF

      Edgewater Warehouse and Office Space

      3,000 SF mixed warehouse and office space available for rent.
      2808 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • New
      $1,500 /Mo
      1,200 SF

      Edgewater Warehouse and Storage Space

      Flexible warehouse and storage spaces in a centrally located, secure facility.
      2724 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $18,000 /Mo

      Office Space For Rent

      Office space available for rent. Contact for specific needs.
      2111 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $5,000 /Mo
      29,260 SF

      Retail Space in Growing Edgewater

      Retail space available in a vibrant neighborhood center.
      2311 S Ridgewood Ave, Edgewater, FL 32141
      View Details
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    Edgewater, FL 32141-5002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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