Property profile

339 S Ridgewood Ave Daytona Beach, FL 32114

FOR SALE
Other investment properties
Property ID
US18-2873016
1,708 SF 0.24 ac lot Built 1920
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A two-story office building located in downtown Daytona Beach, about one block from Daytona Beach City Hall and near courthouses and other professional establishments. The property was originally constructed as a 1920s residence and contains approximately 1,708 square feet. The first floor includes a reception area, a conference room, a private office, and a kitchen/break room, while the second floor has three private offices. Parking is available at the rear, including two covered spaces. The building has had interior renovations including fresh interior paint and new carpeting, and features more recent upgrades such as a replaced roof and attic insulation. It includes a foundation warranty and is suitable for a range of professional uses, including office and law firm uses.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Construction WOOD
Total area 1,708 SF
Lot 0.24 ac (10,615 SF)
Zoning code BP
APN 5339-01-11-0021
UPID US18-2873016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

339 S Ridgewood Ave Daytona Beach, FL 32114
Daytona Beach metro Census 82000 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2013
5 recorded transactions
2023
Price N/A
2018
Price N/A
2013
$115,000
1998
$125,000
1969
Price N/A

Zoning & alternative use

BP · Daytona Beach, FL
Zoning description

The purpose of the Business Professional (BP) district is to accommodate primarily small-scale office development for business and professional services. It also accommodates small sit-down restaurants and personal servi…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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