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639 N Ridgewood Ave
Daytona Beach, FL 32114
14,200 sqft SFR/Retail | Daytona Beach, FL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14,200 SF Mixed SFR + Retail Portfolio - Consisting of one retail building with 7 commercial units plus 7 single-family rentals on a 1.07-acre parcel
- Attractive Income Profile - Projected Gross Rent: $19,238/mo and NOI: $163,650/yr
- Flexible BR-1 Zoning - Supports a mix of retail, business services, residential, and commercial uses
- Prime Daytona Beach Frontage - Located along N Ridgewood Ave with ˜26,500 vehicles/day
- OWNER FINANCING Available! - Seller is offering financing at 6% interest, 30-year amortization, 6-year balloon, and NO prepayment penalty
- Located in an Opportunity Zone - Enables potential tax incentives and strategic investment benefits for qualifying buyers.
EXECUTIVE SUMMARY
Address: 639 N Ridgewood Ave Daytona Beach, FL 32114
County: Volusia County
Zoning: BR-1 (Business Retail)
Parcel ID: 5338-01-09-0120 | 5338-01-09-0030
Building size: 14,200 sqft total
Land size (acre): 1.07
Layout: 1 retail building with 7 units | 7 SFRs
Sewer: Connected
Water: City Water | Separate Meters
Electric: Connected | Separate Meters
Road Access: Yes
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $19,238/month
Potential NOI: $163,650
Asking price: $1,450,000 with OWNER FINANCING option
Down Payment: $500,000 (due at closing)
Note: $950,000
Payments to Seller: $5,695.70/ $68,348.40
Interest Rate: 6% with a 6-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Volusia County
Zoning: BR-1 (Business Retail)
Parcel ID: 5338-01-09-0120 | 5338-01-09-0030
Building size: 14,200 sqft total
Land size (acre): 1.07
Layout: 1 retail building with 7 units | 7 SFRs
Sewer: Connected
Water: City Water | Separate Meters
Electric: Connected | Separate Meters
Road Access: Yes
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $19,238/month
Potential NOI: $163,650
Asking price: $1,450,000 with OWNER FINANCING option
Down Payment: $500,000 (due at closing)
Note: $950,000
Payments to Seller: $5,695.70/ $68,348.40
Interest Rate: 6% with a 6-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,200 SF
Building Class
C
Year Built
1949
Price
$1,450,000
Price Per SF
$102.11
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.07 AC
Zoning
BR-1 (Business Retail)
PROPERTY TAXES
| Parcel Number | 5338-01-09-0120 | Improvements Assessment | $38,959 |
| Land Assessment | $121,500 | Total Assessment | $160,459 |
PROPERTY TAXES
Parcel Number
5338-01-09-0120
Land Assessment
$121,500
Improvements Assessment
$38,959
Total Assessment
$160,459
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