Two-Story Office Building with
519 S Ridgewood Avenue Daytona Beach, FL 32114
519 S Ridgewood Avenue, Daytona Beach, FL, 32114
$299,999
For Sale
Under Contract
$299,999
COMMERCIAL - Daytona Beach, FL
Property Size1,712 SF
Lot Size0.20 Acres
Price / SF$175.23
Days on Market25
Property Features for 519 S Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Security features
- Security System
- Standard status
- Active Under Contract
- APN
- 5339-01-13-0042
- Size
- 1,712 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S 50 FT OF W 175 FT OF LOT 4 BLK 13 DAYTONA MB 2 PG 82 PER OR 4290 PG 2576 PER OR 6636 PG 2241 PER OR 7287 PG 4630 PER OR 7616 PG 1720 PER OR 8816 PG 0234 PER OR 8819 PG 3888
- Tax Annual Amount
- 1814
Building Details
- Year built
- 1925
- Flooring type
- Laminate
Listing Agency
Realty Pros Commercial
(386) 253-8565
140 S Atlantic Ave. Ste 202, Daytona Beach, FL
Listed by
Briana Quinones
(386) 295-6855
Added: Jun 23 Checked: Jul 17 at 11:06 am
MLS# 1227863
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 two-story office building offers a total of 1,712 square feet and is presented with Spanish-style architecture. Improvements cited in the remarks include a new roof and a new water heater. The first floor provides 1,308 square feet with a lobby area, three private offices, a conference room, break room, and two restrooms. The second floor adds 404 square feet with two offices and one restroom, supporting a tenant-ready split between administrative and private workspace.
The property is located along South Ridgewood Avenue in Daytona Beach, with average daily traffic reported at approximately 30,000 vehicles, providing visibility and accessibility. The building also includes seven rear parking spaces. The remarks note the location is approximately two miles from the International Speedway corridor and offers convenient access to I-95, Daytona Beach International Airport, and surrounding business districts.
Designed for an owner-user or investor, the existing floor plan supports a professional office environment with multiple private offices, meeting space, and break and restroom facilities across both levels. With parking on-site and frontage along a heavily traveled corridor, the building can work well for businesses seeking a walk-in friendly presence and a manageable, two-level layout.
The property is located along South Ridgewood Avenue in Daytona Beach, with average daily traffic reported at approximately 30,000 vehicles, providing visibility and accessibility. The building also includes seven rear parking spaces. The remarks note the location is approximately two miles from the International Speedway corridor and offers convenient access to I-95, Daytona Beach International Airport, and surrounding business districts.
Designed for an owner-user or investor, the existing floor plan supports a professional office environment with multiple private offices, meeting space, and break and restroom facilities across both levels. With parking on-site and frontage along a heavily traveled corridor, the building can work well for businesses seeking a walk-in friendly presence and a manageable, two-level layout.
Key Highlights
- 1,712 SF two‑story office building with Spanish‑style architecture, built in 1925
- 1,308 SF first floor includes lobby, 3 private offices, conference room, break room, and 2 restrooms
- 404 SF second floor includes 2 offices and 1 restroom
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 | $37.0k | $21.60 |
| − Vacancy | −$2.8k | −$1.62 |
| EGI | $34.2k | $19.98 |
| − OpEx | −$8.6k | −$5.00 |
| NOI | $25.7k | $14.99 |
1,712 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$366.5K
$320.7K – $427.6K
NOI $25,654 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$504.8K
$441.7K – $588.9K
NOI $35,336 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Allstate Financial: Lou ...
Insurance Agency
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FAQs
What type of property is this?
Office building - Two-story office building with Spanish-style exterior, seven rear parking spaces, and first- and second-floor office layouts.
Where is this office building located?
The property is located at 519 S Ridgewood Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 1,712 SF two‑story office building with Spanish‑style architecture, built in 1925; 1,308 SF first floor includes lobby, 3 private offices, conference room, break room, and 2 restrooms; 404 SF second floor includes 2 offices and 1 restroom
