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Property profile & analytics
OFF-MARKET
Specialty properties

433 Ridgewood Ave Edgewater, FL 32132-1647

2,883 SF 0.32 ac lot Built 1947
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-4800913
Property summary
AI-generated overview

This exceptional commercial property, located at 433 N Ridgewood Avenue in Edgewater, Florida, presents a unique investment opportunity. The property encompasses a substantial 0.31-acre lot and features two separate buildings, offering significant versatility. The main building, boasting over 2800 square feet, was previously utilized as a funeral home. However, its spacious layout and B3 zoning allow for a wide range of alternative commercial uses, making it ideal for entrepreneurs seeking a flexible space. The possibilities are numerous, from retail and office spaces to specialized services. The second building, a detached structure, offers additional space previously used as living quarters and more recently as storage. This secondary building provides ample potential for expansion, additional storage, or even conversion to a complementary business use. The property's prime location in Edgewater, Florida, adds to its appeal, offering easy access to local amenities and transportation routes. With its substantial size, flexible zoning, and multiple building options, this property is poised for significant return on investment. The total square footage across both buildings is 3520 square feet. This is a rare opportunity to acquire a versatile commercial property with substantial potential in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,883 SF
Lot 0.32 ac (13,728 SF)
Zoning code B3
APN 7450-08-02-0010
UPID US18-4800913
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
  • Dudley Crematory Social Service Agency
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
America Choice Fam Clinic & Behavio · 1 yrs held
America Choice Fam Clinic & Behavio
since 2024
Last sale
$400,000
2 recorded transactions
2024
$400,000
2021
$500,000
Zoning & alternative use
B3 · Edgewater, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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