South Daytona Office
2763 S Ridgewood Avenue South Daytona, FL 32119
2763 S Ridgewood Avenue, South Daytona, FL, 32119
$649,000
For Sale
$649,000
COMMERCIAL - South Daytona, FL
Property Size2,800 SF
Lot Size0.24 Acres
Price / SF$231.79
Days on Market53
Property Features for 2763 S Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 533313000110
- Size
- 2,800 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- 34 15 33 LOT 11 EXC E 260.5 FT & EXC PART IN ST RD 5 SANDY POINT RESUB MB 19 PG 288 PER OR 3245 PG 0465 PER OR 6262 PGS 0792-0793 PER OR 7758 PG 4857
Utilities
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Block
- Roof type
- Shingle
Listing Agency
Adams, Cameron & Co., Realtors
(386) 258-5500
600 S Atlantic Ave, Daytona Beach, FL
Listed by
Dan Lyonnais
(386) 852-7932
Added: May 26 Checked: Jul 17 at 11:06 am
MLS# 1226845
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,800 square foot office building in South Daytona, Florida, constructed in 1963, offers a multi-tenant configuration with three distinct suites and a kitchen area. The suites can be kept separate or combined, depending on the buyer's needs. The building, with a masonry (stucco, cement/concrete) exterior, is situated on a 0.24-acre lot and includes 21 parking spaces. It features a separate electric meter and a dedicated restroom servicing the three suites and kitchen space. The front office space is currently occupied by a tenant who would prefer to remain. The property was formerly operated as an insurance office. Located at the signalized intersection of S. Ridgewood Avenue (US-1) and Reed Canal, the property benefits from high visibility, high traffic exposure, and large monument signage space. The property is zoned Business General Commercial (BGC). Owner financing is preferred and specific terms are open for discussion.
Key Highlights
- 2,838 SF (gross) multi‑tenant office building with ~2,800 SF rentable space and 1 story; year built 1963
- Flexible layout with 3 distinct suites plus a kitchen area that can be kept separated or combined
- Separate electric meter and dedicated restroom servicing the 3 suites and kitchen space
Local Financial Insights For Office B
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 | $60.5k | $21.60 |
| − Vacancy | −$4.5k | −$1.62 |
| EGI | $55.9k | $19.98 |
| − OpEx | −$14.0k | −$5.00 |
| NOI | $42.0k | $14.99 |
2,800 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$599.4K
$524.5K – $699.3K
NOI $41,958 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$825.6K
$722.4K – $963.2K
NOI $57,792 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Multi-tenant office building with flexible suite configuration for sale.
Where is this office building located?
The property is located at 2763 S Ridgewood Avenue South Daytona, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2,838 SF (gross) multi‑tenant office building with ~2,800 SF rentable space and 1 story; year built 1963; Flexible layout with 3 distinct suites plus a kitchen area that can be kept separated or combined; Separate electric meter and dedicated restroom servicing the 3 suites and kitchen space
