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$675,000

  • Sold
  • Closed
  • Office
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Gorgeous income producing office building. Needs nothing but a new owner! Historic office tenant building located on high and dry parcel, on high-visibility corner, with long-term lease that includes 2.5% base rent adjustment annually through 2027 and includes 2 optional renewal terms through 2031. Building was extensively renovated to include new HVAC and interiors in 2019 & 2023. Paved parking with 12 lots striped with new stops & additional concrete slab. There is no deferred maintenance or issues. 904 sq ft walk-in basement has additional storage for owner use. Showings must be minimum 24 hours in advance due to nature of tenant's business.

Full Property Details for 148 S Ridgewood Ave

General

  • Sold For: $675,000
  • Taxes: $9,349 (2023)
  • Status: Closed
  • Type: Office
  • Source: MidFloridaRegionalMLS
  • MLS ID: V4934068
  • Added to Site: 765 day(s) ago

Rental Information

  • Complex Features: Bathrooms, Elevator, Kitchen Facility, Reception

Interior

  • Appliances: Microwave, Refrigerator
  • Flooring: Luxury Vinyl, Tile

Additional Information

  • Security/Safety: Security System

Location

  • Area: 32114 - Daytona Beach
  • County: Volusia
  • Development Name: 32114 - Daytona Beach
  • Subdivision: LUTHER LT 01 BLK 20 DAYTONA
  • Driving Directions: Follow US-92 E/W International Speedway Blvd towards beach to S Ridgewood Ave; turn right on S Ridgewood; Property is on the corner of Magnolia & Ridgewood; parking in back.

Community

  • Community Name: 32114 - Daytona Beach
  • Management Type: Owner Manager
  • Mgmt. Company: Owner Manager

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Basement Desc.: Exterior Entry, Full
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 4,888
  • Sq. Ft. Source: Public Records
  • Living Area: 4,888 Sq. Ft.
  • Year Built: 1923

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,800
  • Lot Size: 19800
  • Frontage: City Street
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $9,349
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Partnership
  • Special Conditions: None
  • Legal Description: LOT 1 EXC HIWAY JAMES LUTHER SUB LOT 1 BLK 20 HODGEMANS MAP OF DAYTONA MB 12 PG 163 PER OR 2206 PG 1354 PER OR 4335 PG 3572 PER OR 6632 PG 1802 PER OR 7663 PG 1723
  • Flood Zone Info: X
  • APN: 533917000010
  • Property ID: 533917000010
  • Block/Lot/Section: 20

Listed by Lpt Realty
Sold by Coldwell Banker Premier Properties

Listing agent

— 148 S Ridgewood Ave —

  • Lpt Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 148 S Ridgewood Ave

School District:Volusia County School District
NameGradesDistance
R. J. Longstreet Elementary School
2745 South Peninsula Drive, Daytona Beach, FL 32118
PK-53.1 mi
Campbell Middle School
625 South Keech Street, Daytona Beach, FL 32114
6-81.1 mi
Mainland High School
1255 West International Speedway Boulevard, Daytona Beach, FL 32114
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 148 S Ridgewood Ave

Date
Details
Price
Change
Source
7/18/2024
Sold
$675,000
-12.9%
MLS
4/05/2024
Price Reduced
$775,000
-6.06%
MLS
1/18/2024
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lpt Realty
Sold by Coldwell Banker Premier Properties

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148 S Ridgewood Avenue, Daytona Beach, FL 32114 (MLS# V4934068) is a Office property that was sold at $675,000 on July 18, 2024. Want to learn more about 148 S Ridgewood Avenue? Do you have questions about finding other Office real estate for sale in Daytona Beach? You can browse all Daytona Beach real estate or contact a Coldwell Banker agent to request more information.