Retail Showroom
311 S RIDGEWOOD Avenue Edgewater, FL 32132
311 S RIDGEWOOD Avenue, Edgewater, FL, 32132
$2,650,000
Pending
For Sale
$2,650,000
Pending
SINGLE_FAMILY - EDGEWATER, FL
Property Size13,500 SF
Lot Size1.32 Acres
Days on Market37
Property Features for 311 S RIDGEWOOD Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- B-3
- Standard status
- Pending
- APN
- 52-17-34-04-00-0040
- Size
- 13,500 SF
- Lot size
- 1.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 4 EXC IRREG PARCEL FOR NEW R/W IN W 4.34 FT ON S/L OF S 539.29 FT ON W/L INDIAN RIVER ESTS REPLAT MB 8 PG 289 PER OR 2278 PG 305 PER OR 5316 PG 3631 & PER OR 5504 PG 1888
- Tax Annual Amount
- 23124
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Central, Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Building materials
- Block, Stucco
Listing agency
WHITE WHALE REAL ESTATE
(388) 689-5171
Listed by
Timothy Loomis · License #3457334
(386) 690-3423
Added: Jun 16 Updated: Jul 20 at 9:02PM Checked: Jul 22 at 11:06AM
MLS# NS1088379
Copyright © 2026 Stellar MLS. 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 retail showroom building features concrete block construction and is set on a 1.32-acre lot. The property is offered for sale as a retail-focused facility within the B-3 zoning classification.
The building is located on US1, approximately 2 miles south of Hwy 44 in the New Smyrna Beach and Edgewater area.
The listed property size is 13,500 square feet. The offering includes the existing retail showroom building configuration on the subject site at 311 S Ridgewood Avenue.
The building is located on US1, approximately 2 miles south of Hwy 44 in the New Smyrna Beach and Edgewater area.
The listed property size is 13,500 square feet. The offering includes the existing retail showroom building configuration on the subject site at 311 S Ridgewood Avenue.
Key Highlights
- Retail showroom building constructed in 2006
- Concrete block construction with stucco exterior
- Central air conditioning plus central heat and heat pump (heating)
Local Financial Insights For Retail
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 | $202.5k | $15.00 |
| − Vacancy | −$20.9k | −$1.55 |
| EGI | $181.6k | $13.46 |
| − OpEx | −$54.5k | −$4.04 |
| NOI | $127.1k | $9.42 |
13,500 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.82M
$1.59M – $2.12M
NOI $127,150 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,640 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Badcock Home Furniture ...
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Showroom - Concrete block retail showroom building on a 1.32-acre lot in Edgewater.
Where is this showroom located?
The property is located at 311 S RIDGEWOOD Avenue Edgewater, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Retail showroom building constructed in 2006; Concrete block construction with stucco exterior; Central air conditioning plus central heat and heat pump (heating)
