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Property profile & analytics
OFF-MARKET
Retail space
917 Ridgewood Ave Edgewater, FL 32132-2330
Individually Owned
Free & Clear
Property ID
US18-4908737
Property summary
AI-generated overview
This 2,043 sq ft storefront in Edgewater, FL, is situated on a 0.52-acre lot with 20 parking spaces. The single-story, 1950-built building (renovated in 20XX) features a brick storefront, composite shingle roof, and drive-thru capability. Currently operating as a florist for 43 years, the business is available for separate purchase. The B-3 (Highway Commercial) zoning allows for diverse uses, including auto dealerships, daycare, medical facilities, and retail. Located on US Hwy 1, the property boasts excellent visibility and signage, with an AADT of 28,000+. The asking price is $489,000 ($239/sq ft). This is a confidential listing requiring an NDA and proof of funds before showings. Do not contact the business directly.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,043 SF
Lot
0.22 ac (9,450 SF)
Zoning code
B3
APN
7433-01-00-0093
UPID
US18-4908737
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
-
Bj's Flowers & Plants, Inc. (Bike/Boat/Book/etc) Store Florist
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
David Aponte
David Aponte
since 2025
Last sale
$417,500
4 recorded transactions
Zoning & alternative use
B3 · Edgewater, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,219
Tax year 2023
Assessed value
$171,446
Assessed 2023
Previous assessed
$159,793
+7.3% YoY
Effective rate
1.88%
On assessed value
Assessed land
$90,956
Assessed improvement
$80,490
Land market value
$90,956
Improvement market value
$80,490
Total market value
$171,446
Applied tax rate
604.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,043 SF
Lot
0.22 ac (9,450 SF)
Zoning code
B3
APN
7433-01-00-0093
UPID
US18-4908737
Jurisdiction
VOLUSIA
Zoning & alternative use
B3 · Edgewater, FLZoning B3 · permitted uses
B3 · Edgewater, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
David Aponte
Individual
Free & Clear · 0 yrs held
Mailing address
917 S RIDGEWOOD AVE, EDGEWATER, FL 32132-2330
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
$417,500
David Aponte
Betty J Morton
Warranty Deed
—
Nov 27, 2018
—
Margaret M Alexander
—
Deed
related
$90,000 · James W Mills
Jul 13, 2006
—
Margaret M Alexander
Alexander,david P
Quit Claim Deed
related
—
—
—
Margaret M Alexander
—
Deed Of Trust
related
$90,000 · James W Mills
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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