$1,500,000
$1,695,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
15,171 SqFt
SOLD DATE : 01/30/2025
Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 15,171 sqft
Price per Sqft $98
MLS Listing ID 1117888
Sold Date 01/30/25
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1987
Annual Tax Amount $19,768
Lot Size 0.840 Acres
Lot Dimensions 0.84
Property Sub-Type Business
Property Description
Fully stabilized, concrete block construction office building for sale in high traffic, growing area.
Currently 95% occupied with upside to continue to increase rents to market rate.
The property consists of 8 first floor office spaces with 26 small, executive suites on the second floor.
Just minutes from Daytona Beach, Daytona International Speedway, and Daytona Beach International Airport.
Take advantage of an opportunity to purchase a property that is performing, has upside, and no looming deferred maintenance. Foam roof (top of the building) is 10 years old. Silicone coating applied in 2023 rated for 15 years.
Steel roof is 10 years old. Sure-Cril Acrylic coating applied in 2023.
10/12 air conditioning units have been replaced in the past two years.
The property is equipped with a commercial elevator.
Location
State FL
County Volusia
Direction Located on busy S. Ridgewood Avenue (US-1) in South Daytona just south of Beville Road.
Others
Senior Community No
Tax ID 5344-16-00-0588
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "