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Property profile & analytics

3411 Ridgewood Ave Edgewater, FL 32141-7228

  • Bars
  • 2,044 SF
  • 1.30 lot acres
OFF-MARKET
Value Estimation
$600,000
Last Sale
May 07, 2025
$650,000
Location Intelligence
Property ID
US18-1871300
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tailgatorz / Bar & Grill

Property Details for 3411 Ridgewood Ave

Year built
1955
Construction
WOOD
Lot size
1.30 lot acres
Property size
2,044 SF
Zone code
B4
Property type
Bars
Property subtype
Pubs
APN
8412-06-00-0011
APU
841206000011

Description

This exceptional Edgewater, Florida restaurant and real estate offering presents a lucrative investment opportunity. Boasting a 2,044 square foot building on a 1.3-acre lot, this established business generated $1.4 million in gross income with positive cash flow in 2024. The property includes a valuable 4COP liquor license, indoor and outdoor bars, pool tables, over 15 TVs, and a fenced outdoor area perfect for live music and events. Built in 1955 and renovated in 2018, the single-story Class B building sits on a major thoroughfare, close to the ocean, in a high-growth residential area with a loyal customer base. The trained staff is included in the sale. The property is zoned B-4W and offers an owner-operator opportunity. This turnkey operation is being sold as a sole ownership and is 100% occupied. The asking price is $1,750,000, representing $856.16 per square foot. Don't miss this chance to acquire a thriving business with significant upside potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $600,000
  • CAP approach

    CAP return
    Estimation
    6%
    $600,000
    6.5%
    $540,000
    7%
    $565,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $640,000
    Geo Method
    $575,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $610,000
    Retail
    $580,000
    Mixed-Use
    $650,000
    Hospitality
    $665,000
    Educational
    $570,000
    Residential Income
    $650,000
    Energy
    $670,000
    Income-Based Land
    $565,000
    Food Service
    $515,000

Location Insight

  • Map
  • Local Demand
City
Edgewater
County
Volusia
State
Florida
Longitude
-80.881
Latitude
28.9412
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,643
$99,225
$151,049
$250,274
-
$99,225
$151,049
$250,274
More about this property
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