639 N Ridgewood Ave - Retail FOR SALE


Daytona Beach, FL 32114- Greater Daytona
$1,450,000 USD
850-660-7415
639 N Ridgewood Ave, Daytona Beach, FL for Sale
$1,450,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

639 N Ridgewood Ave
Daytona Beach, FL 32114
Greater Daytona


HIGHLIGHTS

  • 14,200 SF Mixed SFR + Retail Portfolio - Consisting of one retail building with 7 commercial units plus 7 single-family rentals on a 1.07-acre parcel
  • Prime Daytona Beach Frontage - Located along N Ridgewood Ave with ˜26,500 vehicles/day
  • Attractive Income Profile - Projected Gross Rent: $19,238/mo and NOI: $163,650/yr
  • OWNER FINANCING Available! - Seller is offering financing at 6% interest, 30-year amortization, 6-year balloon, and NO prepayment penalty
  • Flexible BR-1 Zoning - Supports a mix of retail, business services, residential, and commercial uses
  • Located in an Opportunity Zone - Enables potential tax incentives and strategic investment benefits for qualifying buyers.

OVERVIEW

Address: 639 N Ridgewood Ave Daytona Beach, FL 32114 County: Volusia County Zoning: BR-1 (Business Retail) Parcel ID: 5338-01-09-0120 | 5338-01-09-0030 Building size: 14,200 sqft total Land size (acre): 1.07 Layout: 1 retail building with 7 units | 7 SFRs Sewer: Connected Water: City Water | Separate Meters Electric: Connected | Separate Meters Road Access: Yes Opportunity zone: True Investment Highlights Rent Info: Potential Gross Rent: $19,238/month Potential NOI: $163,650 Asking price: $1,450,000 with OWNER FINANCING option Down Payment: $500,000 (due at closing) Note: $950,000 Payments to Seller: $5,695.70/ $68,348.40 Interest Rate: 6% with a 6-year balloon Amortization period: 30 Years No prepayment Penalty Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$635 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14,200 sqft SFR/Retail | Daytona Beach, FL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

BR-1 (Business Retail)

APN/PARCEL ID

5338-01-09-0120

ASK ABOUT THIS PROPERTY

Dror AttiasAcre ExpertMore Info
850-660-7415

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Dror AttiasAcre ExpertMore Info
850-660-7415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.