433 Ridgewood Ave Edgewater, FL 32132-1647
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.
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Dudley Crematory Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Edgewater, FLEdgewater. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.