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Property profile & analytics
OFF-MARKET
Investment properties

374 Atlantic Ave Ormond Beach, FL 32176-8198

4,361 SF 0.31 ac lot Built 1949
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-4900603
Property summary
AI-generated overview

This exceptional Ormond Beach commercial property, located at 374 S Atlantic Avenue, presents a unique redevelopment opportunity. The 4,361 square foot building, constructed in 1949, sits on a generous 13,651.7 square foot lot. Currently configured as a mix of retail and office spaces, the property offers significant potential for a variety of uses. The building features five small offices in the rear and four retail spaces with prominent display windows facing Atlantic Avenue, ensuring high visibility and excellent traffic exposure. Ample parking is available both in front and behind the building. The property is priced at $469,000, translating to approximately $100 per square foot. The existing structure requires complete renovation or demolition, making it ideal for an investor or developer seeking a blank canvas to create a modern, high-impact commercial space. The property's location on bustling South Atlantic Avenue in Ormond Beach, Florida (zip code 32176), offers unparalleled access to a thriving community and high foot traffic. Cash offers are preferred. This is a rare chance to acquire a substantial commercial property in a prime location at a highly competitive price. The single-story building presents a straightforward redevelopment project with significant upside potential. Don't miss this opportunity to capitalize on the vibrant Ormond Beach market.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,361 SF
Lot 0.31 ac (13,650 SF)
APN 4223-02-08-0170
UPID US18-4900603
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Precious Treasures Jewelry & Accessories (Bike/Boat/Book/etc) Store
  • Kim F Heller Pa Law Firm
  • Sunrise Realty Real Estate Agency
  • Sunny Coast Marketing Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Atlantic 374 LLC · 1 yrs held
Atlantic 374 LLC
since 2025
Last sale
$400,000
4 recorded transactions
2025
$400,000
2021
Price N/A
2013
$229,000
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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