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$1,350,000

0 Beds 0 Baths 6,020 SQFT 2.50 Acres
Type: Commercial

123 W RHODE ISLAND AVENUE
ORANGE CITY, FL 32763

MLS#: O6414974
Clint Kuipers
Clint Kuipers
The Real Estate Advantage
Real Estate Agent
Phone: 651.485.1534
Office: 763.755.1100
Presented by: PRIMEFIT PROPERTIES LLC with 407-305-2284. - 407-305-2284

Property Description

 

SELLER FINANCING AVAILABLE! Rare opportunity to acquire an income-producing commercial campus in Orange City with attractive financing terms. Situated on approximately 2.25 acres, this unique property features four buildings totaling approximately 6,060 SF and generates approximately $10,000 in monthly rental income. Currently occupied by educational tenants, the property offers an established income stream with potential for future rental growth and long-term investment value. Recent improvements include electrical and plumbing updates, along with an extensive solar panel system designed to reduce operating expenses. The multi-building layout provides flexibility for investors and potential future owner-users, subject to existing leases and applicable approvals.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringCeramic Tile, Laminate
Heating Y/NYes
Total Stories1
Window FeaturesBlinds, Window Treatments

General

Additional Parcels Y/NNo
AppliancesDishwasher, Dryer, Microwave, Refrigerator, Washer
Building Area Units0 sqft
Building FeaturesBathrooms, Dumpsters, Fencing, Janitorial Services, Kitchen Facility, Seating
CityORANGE CITY
Construction MaterialsBlock, Stucco
CoolingCentral Air, Mini-Split Unit(s)
CountyVolusia
DirectionsFrom Volusia Avenue (US 17-92), travel west on W Rhode Island Avenue approximately 0.2 miles. The property is located on the north side of W Rhode Island Avenue at 123 W Rhode Island Ave, Orange City, with prominent frontage and ample on-site parking.
Electric150 Amp Service, 220 Volts
Flood Zone Codex
Flood Zone Code XY
Gross Income110400
HeatingCentral
Legal DescriptionS 1/2 LOT 22 EXC W 462 FT OF S 1/2 EXC NEW R/W IN S 62.55 FT ON W/L & S 23.66 FT ON E/L N OF RHODE ISLAND & N 1/2 LOT 22 EXC W 528 FT BLK 30 ORANGE CITY MB 3 PG 86PER OR 2127 PG 0179 PER OR 3690 PG 1552 PER OR 5792 PG 1236 PER OR 5828 PG 0360-0363 PER OR PER OR 5868 PG 1823 & PER OR 6386 PG 1477 PER OR 7224 PG 2295
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet108,900 sqft
Lot Size UnitsAcres
MLS Area32763 - Orange City
New ConstructionNo
OwnershipFee Simple
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofShingle
Security FeaturesClosed Circuit Camera(s), Smoke Detector(s)
SewerPublic Sewer, Septic Tank
Standard StatusActive
StatusActive
Subdivision NameORANGE CITY
Tax Annual Amount$3,508
Tax Lot22
Tax Year2025
UtilitiesBB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1967
ZoningR-4

Exterior

Building Area Total7,146 sqft
Foundation DetailsSlab
Lot FeaturesCity Lot, Landscaped, Wooded
Lot Size Acres2.5
Lot Size Area2 sqft
Number of Buildings2
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt, Gravel
VegetationMature Landscaping
Water SourceNone
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,350,000

0 Beds 0 Baths 6,020 SQFT 2.50 Acres
Type: Commercial

123 W RHODE ISLAND AVENUE
ORANGE CITY, FL 32763

MLS#: O6414974
Clint Kuipers
Clint Kuipers
The Real Estate Advantage
Real Estate Agent
Phone: 651.485.1534
Office: 763.755.1100