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2030 HIBISCUS DRIVE

Commercial For Sale
$1,790,000

BTC: 27.53846154

ETH: 525.02676463

6 days
0 room(s)
10,020 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This 40-unit storage facility located in the Commercial business district is a lucrative investment opportunity. The original concrete block 7000 sq. ft. main building FLEXSPACE is currently being used as FOURTEEN individual storage units of various sizes and can easily be converted back to one, two or three larger capacity units/facilities. There is a large upfront unit of 2185 s ft w/ bathroom, TWELVE units of 25 x 14 and a spacious end unit of 50 x 14. The additional metal building houses 26 additional units and was newly added after completion of the main building. There are FOUR 10 x 8 storage units and TWENTY-TWO 10 x 10 storage units. Completely updated and in perfect working order, these facilities are ready to generate solid income for any investor. The property is a large parcel w survey available measures 160 ft x 187 ft. Ideal for a 1031 exchange buyer looking to reinvest in a like-kind property here in Florida and defer capital gains taxes, this storage facility promises a reliable source of income. With multiple units of varying sizes available, there is ample potential to maximize returns and cater to a diverse range of storage needs for tenants. Some units are climate controlled, while others are not. Owner pays electric & Water costs Overall, this property presents a secure and profitable investment option for those seeking a stable income stream in the commercial real estate sector. Don't miss out on this chance to acquire a turnkey investment property with significant income potential. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a reliable source of passive income, this renovated storage facility is a smart and lucrative choice. Contact me today for more information and take the first step towards securing this prime real estate opportunity.

Location

Facts and features

Type:
Commercial Sale
Parking:
6 to 12 Spaces / Curb Parking / Ground Level
Year Built:
1998
Lot:
0.67 Acres
Heating:
Central
Price/sqft:
$179
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • 6 to 12 Spaces

    • Curb Parking

    • Ground Level

    Property

    • Levels: One

    Lot

    • Lot: 0.67 Acres

    Other Property Information

    • Parcel Number: 840201031420

    • Zoning: B

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Warehouse

  • Utility

    • Electricity Available

    • Sewer Nearby

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,877

  • Source details

    • MLS ID: NS1081787

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Lot Features: Central Business District

    • Direction Faces: East

    • Other Structures: Storage

    • Living Area: 10020

    • Water Source: Public

    • Lot Size Dimensions: 160 x 187

    • Subdivision Name: FLORIDA SHORES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLLADO REAL ESTATE