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    Property profile & analytics

    404 Ridgewood Ave Edgewater, FL 32132-1620

    • Residential income homes
    • 2,297 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Last Sale
    Jul 28, 2021
    $275,000
    Location Intelligence
    Property ID
    US18-5745101
    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

    • Residential income homes

    Property Details for 404 Ridgewood Ave

    Year built
    1926
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    2,297 SF
    Zone code
    B3
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    7451-01-02-0020
    APU
    745101020020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $265,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $260,000
      Mixed-Use
      $285,000
      Hospitality
      $285,000
      Educational
      $275,000
      Residential Income
      $235,000
      Energy
      $215,000
      Income-Based Land
      $250,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.9123
    Latitude
    28.9999
    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
    $4,624
    $48,000
    $186,693
    $234,693
    -
    $48,000
    $186,693
    $234,693

    Comparable in this City

    • Value Estimation
      $3,040,000
      902 SF

      316 Ridgewood Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 902 SF
      316 Ridgewood Ave, Edgewater, FL 32132-1949
      View Details
    • Value Estimation by Request
      2.67 Acres

      120 Old Mission Rd

      Multifamily properties • 2.67 Acres
      120 Old Mission Rd, New Smyrna Beach, FL 32132
      View Details
    • Value Estimation by Request
      20.42 Acres

      3199 Indian River Blvd

      Multifamily properties • 20.42 Acres
      3199 Indian River Blvd, Edgewater, FL 32132
      View Details
    • Value Estimation by Request
      4,000 SF

      544 Air Park Rd

      STORE/OFFICE (MIXED USE) • 4,000 SF
      544 Air Park Rd, Edgewater, FL 32132-3043
      View Details
    • Value Estimation by Request
      4,447 SF

      91 Indian Riv Blvd

      STORE/OFFICE (MIXED USE) • 4,447 SF
      91 Indian Riv Blvd, Edgewater, FL 32132-3628
      View Details
    • Value Estimation by Request
      6,000 SF

      118 Old County Rd

      STORE/OFFICE (MIXED USE) • 6,000 SF
      118 Old County Rd, Edgewater, FL 32132-1512
      View Details

    Similar Nearby for Sale

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      Prime 20+ acre development site, ideal for mixed-use.
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    Similar Nearby for Lease

    • $395 /Mo

      Office Space in Prime Location

      Office spaces available in a well-located, freestanding building.
      1001 S Ridgewood Ave, Edgewater, FL 32132
      View Details
    • $13,200 /Mo

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      Light industrial bay with roll-up doors and ample lighting.
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      View Details
    • $3,000 /Mo
      1,600 SF

      Edgewater Office/Warehouse Space Available

      Versatile 1,600 SF office/warehouse near I-95 and US-1.
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      View Details
    • $90,000
      272,250 SF

      Edgewater Industrial Flex Space

      6.25 Acres, Fully Improved, I-95 Access
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    • $5,000 /Mo
      12,197 SF

      Edgewater Warehouse with Loading Dock

      Available warehouse space with roll-up door and loading dock.
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      View Details
    • $2,750 /Mo
      800 SF

      Edgewater Office/Warehouse Flex Space

      Versatile 1,600 SF office/warehouse near I-95 and US-1.
      702 W Park Ave, Edgewater, FL 32132
      View Details
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    404 Ridgewood Ave
    Edgewater, FL 32132-1620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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