Great Value in this Mixed-Use Property located centrally on N Ridgewood Ave just minutes from the New Smyrna City limits. This multi functional property can be used as a business office with plenty of space to park trucks and cars and includes two rear garage-bay type doors for storage use. The previous owner used the front three rooms as an office which includes a full bath and then rented the side unit with one bedroom, kitchen, living room and bath. OR knock it down and this property has many uses. The commercial, mixed-use zoning allows for multi family units to be built, an institutional use or general office. Great property for an investment or business owner! Perfect for an investor as it can be used as TWO rentals and storage for toys or business related usage!
Sold for $600,000
$600,000
240 N Ridgewood Ave, Edgewater, FL 32132
1beds
0baths
2,368sqft
MultiFamily
Built in 1946
-- sqft lot
$426,600 Zestimate®
$253/sqft
$1,234 Estimated rent
Home value
$426,600
$316,000 - $542,000
$1,234/mo
Zestimate® history
Owner options
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$1,234/mo
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$1,234/mo
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$4,108/mo
Est. payment
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$4,108/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 2,368 sqft
Property
Parking
- Parking features: Carport, Garage
Features
- Exterior features: Wood, Cement / Concrete
Lot
- Size: 0.5 Acres
Details
- Parcel number: 745201000180
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Asphalt
Condition
- Year built: 1946
Community & HOA
Location
- Region: Edgewater
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $406,498
- Annual tax amount: $64
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Sold | $600,000+41.2%$253/sqft |
Source: Public Record Report a problem | ||
| 11/29/2021 | Sold | $425,000+203.6%$179/sqft |
Source: Public Record Report a problem | ||
| 11/5/2018 | Sold | $140,000-37.8%$59/sqft |
Source: Public Record Report a problem | ||
| 4/24/2016 | Listing removed | $225,000$95/sqft |
Source: EXIT REALTY CENTRAL #O5400400 Report a problem | ||
| 11/1/2015 | Price change | $225,000-9.6%$95/sqft |
Source: EXIT REALTY CENTRAL #O5400400 Report a problem | ||
| 10/15/2015 | Listed for sale | $249,000+13.2%$105/sqft |
Source: Exit Realty Central Report a problem | ||
| 3/5/2015 | Listing removed | $220,000$93/sqft |
Source: Weichert Realtors Hallmark Properties Report a problem | ||
| 12/4/2014 | Listed for sale | $220,000-8.3%$93/sqft |
Source: Weichert Realtors Hallmark Properties Report a problem | ||
| 12/6/2012 | Listing removed | $239,900$101/sqft |
Source: The Keyes Company, Realtors Report a problem | ||
| 10/11/2012 | Listed for sale | $239,900+41.1%$101/sqft |
Source: The Keyes Company, Realtors Report a problem | ||
| 8/14/2003 | Sold | $170,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $64 | $406,498 +2.8% |
| 2024 | -- | $395,408 +3.7% |
| 2023 | $64 -99.1% | $381,407 +6.1% |
| 2022 | $6,930 | $359,393 +115% |
| 2021 | -- | $167,172 +32.4% |
| 2020 | $2,599 | $126,227 +0.1% |
| 2019 | $2,599 -3.2% | $126,154 -26.8% |
| 2018 | $2,684 -28.2% | $172,297 +6.4% |
| 2017 | $3,739 +3.8% | $161,912 +11.7% |
| 2016 | $3,601 +4.1% | $144,980 +4% |
| 2015 | $3,458 +4.9% | $139,438 +4.8% |
| 2014 | $3,296 | $133,024 |
Find assessor info on the county website
Neighborhood: 32132
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Nearby schools
GreatSchools rating
- 8/10Edgewater Public SchoolGrades: PK-5Distance: 0.9 mi
- 5/10New Smyrna Beach Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10New Smyrna Beach High SchoolGrades: PK,9-12Distance: 1.4 mi
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Estimated market value
$426,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$426,600
- Florida
- Volusia County
- Edgewater
- 32132
- 240 N Ridgewood Ave
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