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10,700 sqft SFR/Retail | Daytona Beach, FL 639 N Ridgewood Ave 10,700 SF 100% Leased Retail Building Daytona Beach, FL 32114 $750,000 ($70.09/SF)
Investment Highlights
- 10,700 SF Mixed-Use Portfolio - Includes a retail building with 7 commercial units plus residential rental units, creating diversified income streams
- Strong Income Potential - Projected gross rent of $16,600/month with estimated NOI of $172,500/year, offering attractive cash flow for investors.
- Separate Utility Meters - City water and electric separately metered, improving tenant management and operational efficiency.
- Prime Daytona Beach Frontage - Located along N Ridgewood Ave with ˜26,500 vehicles/day, offering strong exposure
- Flexible BR-1 Zoning - Supports a mix of retail, business services, residential, and commercial uses, ideal for value-add conversion
- Opportunity Zone Advantage - Located within an Opportunity Zone, providing potential tax incentives and long-term investment benefits.
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
Building size: 10,700 sqft total
Land size (acre): 0.62
Layout: 1 retail building with 7 units | SFRs with 7 units
Sewer: Connected
Water: City Water | Separate Meters
Electric: Connected | Separate Meters
Road Access: Yes
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $16,600/month
Potential NOI: $172,500
Asking price: $750,000 with OWNER FINANCING option
Down Payment: $350,000 (due at closing)
Note: $400,000
Payments to Seller: $2,661.21/ $31,934.52
Interest Rate: 7% with a 4-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
Building size: 10,700 sqft total
Land size (acre): 0.62
Layout: 1 retail building with 7 units | SFRs with 7 units
Sewer: Connected
Water: City Water | Separate Meters
Electric: Connected | Separate Meters
Road Access: Yes
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $16,600/month
Potential NOI: $172,500
Asking price: $750,000 with OWNER FINANCING option
Down Payment: $350,000 (due at closing)
Note: $400,000
Payments to Seller: $2,661.21/ $31,934.52
Interest Rate: 7% with a 4-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
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
10,700 SF
Building Class
C
Year Built
1949
Price
$750,000
Price Per SF
$70.09
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
1.07 AC
Zoning
BR-1 - Business Retail)
Fairly walkable
40/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5338-01-09-0120 | Improvements Assessment | $39,939 |
| Land Assessment | $121,500 | Total Assessment | $161,439 |
Property Taxes
Parcel Number
5338-01-09-0120
Land Assessment
$121,500
Improvements Assessment
$39,939
Total Assessment
$161,439
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10,700 sqft SFR/Retail | Daytona Beach, FL | 639 N Ridgewood Ave
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