YOUR DAYTONA BEACH REAL ESTATE EXPERT
CONTACT US: 386-405-4411
Jim Tobin REALTOR
YOUR DAYTONA BEACH REAL ESTATE EXPERT
CONTACT US: 386-405-4411
Jim Tobin REALTOR

325 S Yonge Street, Ormond Beach, FL

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$585,000

List Status: Active
325 S Yonge Street
Ormond Beach, FL 32174


Top Features
  • Subdivision: Rio Vista Gardens
  • Built in  1958
  • Business
Description
Turn-Key Investment Opportunity - Seize this rare, income-producing asset positioned on one of Volusia County's most coveted commercial corridors. This fully leased, multi-tenant retail/office building delivers an immediate 8% cap rate -- a compelling return in today's market that's hard to find at this price point. The Numbers Work From Day One. Both units are tenant-occupied and generating steady cash flow, making this an effortless addition to any investment portfolio. No lease-up risk. No vacancy headaches. Just consistent, stabilized income in a high-visibility, high-traffic location. Prime US-1 Frontage | 21,000-23,000 Vehicles Per Day. Situated directly on US Highway 1 at the signalized intersection of Division Avenue, this property commands exceptional exposure with over 21,000 average daily vehicle passes. US-1 is the economic spine of Ormond Beach -- a corridor that attracts service tenants, professional offices, and retail businesses that thrive on street-level visibility. The Asset This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases. Why Ormond Beach? Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.
Property Details
Property Features
Property Sub Type
Business
Parking
Parking Lot
County
Volusia
Subdivision
Rio Vista Gardens
Additional Information
Area Major
E of Nova, 41 - LPGA to Granada
Area Minor
E of Nova, 41 - LPGA to Granada
Accessibility Features Walker-Accessible Stairs
Accessible Approach with Ramp
Bathrooms Total Decimal
2.0
Bathrooms Total Integer
2
Building Features % Air Conditioned or Heated
100
Building Features Building Class
C
Building Features Max Parking Space Available
24
Building Features Pool3
Office, Private Restroom, Meeting Room
Business Type Other37
Professional Service, Computer, Professional/Office, Advertising
Construction Materials Other8
Stucco, Block, Concrete
Contract Status Change Date
2026-03-23
Cooling Other7
Central Air
Current Use Other10
Commercial, Office
Currently Not Used Accessibility Features YN
Yes
Currently Not Used Bathrooms Total
2.0
Currently Not Used Building Area Total
2704.0
Documents Change Timestamp
2026-03-24T01:24:00Z
Existing Lease Type Other38
Absolute Net
Flooring Other13
Vinyl, Carpet
General Property Information Building Area Source2
Appraiser
General Property Information Directions
From Granada, turn South bound on US-1, left turn on Division Ave, the property will be on the right side in the corner of US-1 and Division Ave.
General Property Information List PriceSqFt
216.35
General Property Information Number Of Units Total2
2
General Property Information Stories Total
1
Heating Other16
Electric, Central
Income and Expenses Gross Income
53280.0
Income and Expenses Insurance Expense
6675.0
Income and Expenses New Taxes Expense
2649.0
Listing Contract Date
2026-03-23
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
4242-10-05-0280
Location Tax and Legal Tax Annual Amount
3744.51
Location Tax and Legal Tax Legal Description4
LOTS 28 TO 31 INC EXC RD & EXC TR FOR R/W IN LOT 31 MEAS 20 FT ON N/L & MEAS 28.43 FT ON E/L BLK 5 RIO VISTA GARDENS MB 9 PGS 37-38 INC LOTS 1 & 2 BLK 2 BOSTROMS SUB HAND TRACT MB 2 PG 153 EXC E 90 FT THEREOF PER OR 4808 PGS 2366-2367 PER OR 6224 PGS 0035
Location Tax and Legal Tax Year
2025
Location Tax and Legal Zoning Description
Commercial
Lot Features Other18
Corner Lot
Lot Size Area
0.45
Lot Size Square Feet
19602.0
Lot Size Units
Acres
Major Change Timestamp
2026-03-24T01:23:58Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2026-03-24T01:32:22Z
On Market Date
2026-03-24
Possession Other22
Close Of Escrow
Road Frontage Type Other25
City Street, Highway
Roof Other23
Other
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2026-03-24T01:23:58Z
Unit 1 Details # Units (This Type)
1
Unit 1 Details Annual Rent
53280.0
Unit 1 Details Baths Total
1
Unit 1 Details Furnished3
Negotiable
Unit 1 Details Unit ID
1
Unit 1 Details Unit Remarks
State Farm
Unit 1 Details Unit SqFt
1776.0
Unit 2 Details # Units (This Type)2
1
Unit 2 Details Annual Rent2
11280.0
Unit 2 Details Baths Total2
1
Unit 2 Details Furnished4
Unfurnished
Unit 2 Details Unit ID2
2
Unit 2 Details Unit Remarks2
Ormond Beach Video
Unit 2 Details Unit SqFt2
928.0
Utilities Other29
Water Connected, Electricity Connected, Cable Available, Sewer Connected
Water Source Other31
Public
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MLS #1224442 Listing courtesy of Oceans Luxury Realty Full Service Llc provided by Daytona Beach Area Association Of REALTORS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association Of REALTORS (updated 6/7/26 4:30 AM) |

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