Three-Suite Office
2763 S RIDGEWOOD Avenue South Daytona, FL 32119
For Sale
$649,000
SINGLE_FAMILY - SOUTH DAYTONA, FL
Property Size2,594 SF
Lot Size0.24 Acres
Price / SF$250.19
Days on Market50
Property Features for 2763 S RIDGEWOOD Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 5333-13-00-0110
- Size
- 2,594 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- 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
- Tax Annual Amount
- 4835
Utilities
- Cooling system
- Central Air
- Water front
- 1
Building Details
- Year built
- 1963
- Building materials
- Block
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 738-1920
Listed By:
Daniel Lyonnais · License #3196672
(386) 852-7932
Added: Jun 8
Changed: Jul 20
Last Checked: Jul 27 at 3:06AM
MLS# V4949560
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 single-story masonry (stucco/cement/concrete exterior) office building was built in 1963 and offers a flexible three-suite configuration with an additional kitchen area. The layout can be kept separated or combined depending on buyer needs. The building includes a dedicated restroom serving the three suites and kitchen space, along with a separate electric meter. Parking is provided with 21 spaces.
The property is situated at a signalized intersection described as a “hard corner” and is positioned for easy ingress/egress with prominent monument signage space and visibility at the intersection.
The front office space is currently occupied by an active tenant who would prefer to remain in place; interested buyers are requested not to disturb the current business operation in the front. The offering is listed for sale with owner-user or owner-financing preferred by the owners, with specific terms open for discussion. Zoning is Business General Commercial (BGC).
The property is situated at a signalized intersection described as a “hard corner” and is positioned for easy ingress/egress with prominent monument signage space and visibility at the intersection.
The front office space is currently occupied by an active tenant who would prefer to remain in place; interested buyers are requested not to disturb the current business operation in the front. The offering is listed for sale with owner-user or owner-financing preferred by the owners, with specific terms open for discussion. Zoning is Business General Commercial (BGC).
Key Highlights
- 2,800 SF rentable (2,838 SF gross) 3‑suite, 1‑story multi‑tenant office building built in 1963
- Highly flexible layout with 3 distinct suites plus a kitchen area that can be kept separate or combined
- Separate electric meter and dedicated restroom servicing the 3 suites and kitchen space
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 | $56.0k | $21.60 |
| − Vacancy | −$4.2k | −$1.62 |
| EGI | $51.8k | $19.98 |
| − OpEx | −$13.0k | −$5.00 |
| NOI | $38.9k | $14.99 |
2,594 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$555.3K
$485.9K – $647.9K
NOI $38,871 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$764.9K
$669.3K – $892.3K
NOI $53,540 @ 7.0% cap · market cap 8.25%
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
FAQs
What type of property is this?
Office building - Single-story masonry office building with three suites, kitchen area, and separate electric meter serving the spaces.
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: 2,800 SF rentable (2,838 SF gross) 3‑suite, 1‑story multi‑tenant office building built in 1963; Highly flexible layout with 3 distinct suites plus a kitchen area that can be kept separate or combined; Separate electric meter and dedicated restroom servicing the 3 suites and kitchen space
