Two-Story Office Building with
3090 S Ridgewood Avenue South Daytona, FL 32119
For Sale
$1,715,000
COMMERCIAL - South Daytona, FL
Property Size10,500 SF
Lot Size0.65 Acres
Price / SF$163.33
Days on Market815
Property Features for 3090 S Ridgewood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Standard status
Active
APN
5334-07-00-0031
Size
10,500 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
34 15 33 LOT 3B EXC PART IN ST RD 5 SUB LOT 1 PER OR 2779 PG 0178 PER OR 5730 PG 0726 PER OR 5882 PG 4515 PER OR 5990 PGS 0608-0609 INC PER OR 7746 PG 2372
Tax Annual Amount
21819
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Building materials
Block, Concrete, Stucco
Roof type
Metal
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 236-3700
Listed By:
Dayanis Purucker · License #3366027
(386) 315-4450
Added: May 7, 2024
Changed: Jul 24
Last Checked: Jul 30 at 8:06AM
MLS# 1123272
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.
Located at 3090 S Ridgewood Avenue in South Daytona, FL, this two-story concrete office building offers an open-concept main floor with generous windows and an elevator for vertical access. The second floor includes a substantial lofted area that can support additional workspace, storage, or specialized facilities, depending on the user’s needs.
The property sits on a busy corner and includes a gated deck and a 4.5-ft deep pool outside, which may be used as an amenity or repurposed. Ample parking is available out front with 23 concrete spaces, with additional parking on surrounding streets. This sale includes only the land and building; no existing business or occupant’s assets are included.
The property sits on a busy corner and includes a gated deck and a 4.5-ft deep pool outside, which may be used as an amenity or repurposed. Ample parking is available out front with 23 concrete spaces, with additional parking on surrounding streets. This sale includes only the land and building; no existing business or occupant’s assets are included.
Key Highlights
- High‑traffic corner location in a thriving district, offering exceptional visibility and foot traffic.
- Ample parking with 23 concrete spaces plus additional street parking.
- Two‑story concrete building with an open‑concept layout, generous windows, and an elevator.
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 | $226.8k | $21.60 |
| − Vacancy | −$17.0k | −$1.62 |
| EGI | $209.8k | $19.98 |
| − OpEx | −$52.4k | −$5.00 |
| NOI | $157.3k | $14.99 |
10,500 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.25M
$1.97M – $2.62M
NOI $157,343 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,720 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story concrete office building with open layout, elevator, lofted second-floor space, and ample front parking.
Where is this office building located?
The property is located at 3090 S Ridgewood Avenue South Daytona, FL.
What is the asking price?
The asking price for this property is $1,715,000.
What are key features of this property?
This property features: High‑traffic corner location in a thriving district, offering exceptional visibility and foot traffic.; Ample parking with 23 concrete spaces plus additional street parking.; Two‑story concrete building with an open‑concept layout, generous windows, and an elevator.
