Daytona Beach, FL 32114,148 S RIDGEWOOD AVE
Daytona Beach, FL 32114,148 S RIDGEWOOD AVE
Daytona Beach, FL 32114,148 S RIDGEWOOD AVE
35
$675,000
$775,000
12.9%
Est.Price: ?

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4,888 SqFt

148 S RIDGEWOOD AVE Daytona Beach, FL 32114

Est. payment /mo
SOLD DATE : 07/18/2024

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Key Details

Sold Price $675,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 4,888 sqft

Price per Sqft $138

Subdivision Luther Lt 01 Blk 20 Daytona

MLS Listing ID V4934068

Sold Date 07/18/24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1923

Annual Tax Amount $9,349

Lot Size 0.450 Acres

Acres 0.45

Property Description

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.

Location

State FL

County Volusia

Community Luther Lt 01 Blk 20 Daytona

Zoning 02BR2

Interior

Heating Central

Cooling Central Air

Flooring Luxury Vinyl, Tile

Appliance Microwave, Refrigerator

Exterior

Roof Type Shingle

Building

Lot Description Corner Lot, City Limits

Entry Level Two

Foundation Basement

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by LPT REALTY
Bought with COLDWELL BANKER PREMIER PROPERTIES

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Monica Guajardo

Agent | SLSL3557504

+1(321) 440-4539

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