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Financial
Distress signals
Property profile

240 Ridgewood Ave Edgewater, FL 32132

OFF-MARKET
Other investment properties
Property ID
US18-0316403
1,588 SF 0.5 ac lot Built 1946
Last sale Mar 2026 · $600,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building located on a high-traffic 4-lane state highway in Edgewater, just south of the New Smyrna Beach border, situated on a 0.5-acre lot. The building has a well-defined interior layout that includes three private offices, including an executive suite with a private restroom and closet, along with a reception area featuring a built-in desk and a large conference room. It also includes a full kitchen with an eat-in area and storage. A detached garage on the site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$64
Tax billed · 2023
Assessed value$381k
Assessed land$125k
Assessed improvement$256k
Effective rate0.02%

Value estimate

· Oct 2026
$480k
$432k – $528k
AI approach$420k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$176/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$93 – $278
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B3
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.5
Hair Salon9.4
Electrical Service9.4

Location

240 Ridgewood Ave Edgewater, FL 32132-1708
County assessor Recorded deeds · 12 transfers 24 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
511 Pullman, Edgewater, FL 32132-1468 $350,000 Mar 2025 1,500 SF
108 Ridgewood, Edgewater, FL 32132-1916 $450,000 Jan 2024 1,264 SF
606 Ridgewood, Edgewater, FL 32132-1624 $625,000 Aug 2023 2,440 SF
341 Skwy Dr1c, Edgewater, FL 32132-3057 $260,000 May 2023 1,800 SF
200 Ridgewood, Edgewater, FL 32132-1731 $13,165,000 Dec 2020 1,575 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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