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Introducing a rare and exceptional opportunity to acquire four contiguous parcels of high and dry, cleared land totaling 2. 44 acres of planned commercial development zoned land along South Ridgewood Avenue in the heart of South Daytona, Florida. Boasting 365 feet of prime frontage on Ridgewood Avenue with additional access from South Palmetto Avenue, this property offers outstanding visibility, accessibility, and development potential in one of Volusia County’s most active commercial corridors with even a master plan. The site benefits from constant traffic flow, strong neighboring anchors, and proximity to major arterials leading to Daytona Beach, Port Orange, and the I-95 interchange. Zoned for commercial use. The property provides incredible flexibility for a wide range of development possibilities including restaurants, bars, cafés, boutique retail, office or medical space, multi tenant use or a mixed-use project blending residential and commercial elements. The surrounding area continues to experience steady growth, fueled by new residential developments and the ongoing revitalization of the Ridgewood Avenue corridor. This makes the assemblage a perfect opportunity for developers or investors seeking to create a high-visibility destination in a thriving and expanding market. Whether envisioned as a modern restaurant hub, a mixed-use complex with residential units above retail, or a professional office center, the property’s location, zoning, and accessibility make it a standout investment opportunity in one of Central Florida’s fastest-growing coastal communities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,548 | $7,753 | $10,768 |
| Total Monthly Payment | $7,673 | $7,878 | $10,893 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.