Price: $640,000
No Address FoundFL
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0
Square Foot
2,738
Total Sq. Ft.
N/A
Bedrooms
2.00
Full Baths
N/A
½ Baths
1986
Year Built
Property Description:
Fully Leased Multi-Tenant Commercial Office Building in Edgewater, FL. 509 Live Oak St is a well-maintained, one-story commercial building totaling approximately 2, 738 sq ft. Built in 1986 and recently updated along with a new roof, impact windows, and backup generator, the property is divided into three separate tenant spaces--each with individual electric meters and A/C units (two recently replaced). Tenants share a central foyer and common restrooms. Zoned B-3 (Highway Commercial), the site supports a wide range of commercial and office uses. Currently 100% occupied with modified gross leases, the property generates $4, 500/month or $54, 000/year in gross income. A strong turnkey investment opportunity in a growing market. Edgewater is poised for significant residential growth, with over 11, 400 new housing units approved for development & 3 million SF of commercial. Turnkey cash-flowing asset with reliable tenant base.
Exterior Features
N/A
Interior Features:
N/A
Equipment / Appliances:
N/A
Utilities:
N/A
Property Details
Street Name:
No Address
Listing Status:
Active
Tax Year:
2024
Zip Code:
Tax Amount:
$5,433
HOA Dues:
$0.00
No Address Found FL
This listing is courtesy of Landshark Realty.
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