Commercial Sale · Mixed Use
631 N RIDGEWOOD AVENUE, DAYTONA BEACH, FL, 32114
Active547 days on marketListed Feb 9, 2025MLS #V4940828
About this property
The property at a glance
This is a fantastic opportunity to own a versatile commercial building in the heart of Daytona Beach. Zoned for Business Retail (BR-1), this property allows for a variety of retail and service businesses, as well as limited commercial, institutional, and multifamily residential development. Originally designed with five offices, a kitchen area, and two bathrooms, the building can be customized to suit your specific needs. Its central location in a high-traffic area makes it ideal for a business center, medical or dental office, or professional services. The B-1 zoning also permits uses such as a jewelry store or convenience store, providing multiple possibilities for investors or business owners. Additionally, the adjacent lot at 629 N Ridgewood is available for purchase at $150,000, with the seller preferring to sell both properties as a package. This combined space, totaling over an acre, offers an excellent opportunity for business expansion or additional parking. With high visibility and multiple potential uses, this property is a prime investment opportunity.
1,646
Building sq ft
$213
Price / sq ft
0.42
Lot acres
1978
Year built
1
Building
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,895/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
36,984
Population
$39,906
Median income
32.2
Median age
2.1
Avg household
$174,900
Median home value
$1,171/mo
Median rent
3,080
Households w/ kids
Recent sales
What actually sold near 631 N RIDGEWOOD AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$430,000
20 N HALIFAX AVENUE
2,672 sqft · $161/sqft · Sold Dec 8, 2025
$265,000
801 N BEACH STREET
Sold Mar 20, 2026
$490,000
129 MICHIGAN AVENUE
Sold Aug 8, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 631 N RIDGEWOOD AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 631 N RIDGEWOOD AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of GAFF'S REALTY COMPANY · Tom Grasberger. MLS #V4940828.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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