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Listing provided courtesy of PRIMEFIT PROPERTIES LLCas Distributed by MLSGrid- MLS# MFRO6414974MLS Provider

123 W RHODE ISLAND AVENUEORANGE CITY, FL 32763

Commercial · 6,020 Sq. ft. | 2.50 Acres
$1,350,000 Active

123 W RHODE ISLAND AVENUE Overview

Time on Site:
22 days
Visits:
0

Exceptional opportunity to acquire a 2.25-acre commercial campus in the heart of Orange City. The property features four buildings totaling approximately 6,060 SF and offers a rare combination of investment income and owner-user flexibility. Currently generating approximately $9,200 month in rental income, with one tenant's lease nearing expiration, creating the opportunity for an owner-occupant to immediately utilize the front two buildings totaling approximately 2,500 SF while continuing to collect income from the remaining tenants. The property offers ample parking, excellent visibility, and convenient access to major thoroughfares including Volusia Avenue (US 17-92). Ideal for professional offices, medical, educational, religious, nonprofit, training facilities, or a variety of commercial uses. The expansive 2.25-acre site also provides room for future expansion and redevelopment opportunities. A unique chance to secure an income-producing asset with immediate upside and owner-user potential.

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123 W RHODE ISLAND AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 6,020
  • Price/Sq.ft. $224
  • Lot 2.50 Acres

Details

General

Income/Expenses

  • Gross Income: 110400
  • Net Operating Income: 93324

Building Information

  • New Construction: No
  • Year Built: 1967

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 32763 - Orange City
  • Subdivision Name: ORANGE CITY
  • Township: 18S

Tax Information

  • Tax Annual Amount: 3508
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Commercial Financing
  • Ownership: Fee Simple
  • Parcel Number: 2377143
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: R-4

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 7146
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Building Features: Bathrooms,Dumpsters,Fencing,Janitorial Services,Kitchen Facility,Seating
  • Cooling: Central Air,Mini-Split Unit(s)
  • Electric: 150 Amp Service,220 Volts
  • Flooring: Ceramic Tile,Laminate
  • Foundation Details: Slab
  • Heating: Central
  • Living Area: 6020
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Security Features: Closed Circuit Camera(s),Smoke Detector(s)
  • Stories Total: 1
  • Window Features: Blinds,Window Treatments

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: City Limits,Landscaped,Wooded
  • Lot Size Acres: 2.5
  • Lot Size Square Feet: 108900
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt,Gravel
  • Vegetation: Mature Landscaping
  • Water Source: None

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Stucco
  • Roof: Shingle

General Information

  • Road Frontage Type: City Street
  • Sewer: Public Sewer,Septic Tank
  • Utilities: BB/HS Internet Capable,Electricity Available,Phone Available,Public,Water Connected

123 W RHODE ISLAND AVENUE Neighborhood

Community

32763 (ORANGE CITY) Demographics

44
Median Age
1,409
Population Density (per sq. mile)
31%
College Educated
$49,566
Estimated Median Income
5,915
Estimated Total Home Owners
3,558
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

123 W RHODE ISLAND AVENUE Monthly Cost

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Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

123 W RHODE ISLAND AVENUE Market Data

Based on the last 30 days in this zip code

$341,997
Average List Price
$204
Average Price per Square Foot
37
Properties Sold
92
Average Days on Market
126
Properties for Sale
Calculations provided by Reliance Network

123 W RHODE ISLAND AVENUE History

Date Event Value Agent
6/8/2026Source: My Florida Regional MLS Added to Database
June 08, 2026