$1,350,000
Active123 W Rhode Island Ave, Orange City, FL 32763
6,020 sq ft
Listing courtesy of PRIMEFIT PROPERTIES LLC · MLS# O6414974
142 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
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.
Facts
- Property type
- Mixed Use
- Year built
- 1967
- Flood zone
- X
- Annual taxes
- $3,508/yr
- Listed
- Jun 3, 2026
- MLS #
- O6414974
Commercial details
Building & site
- Building size
- 7,146 SF
- Lot size
- 2.5 acres (108,900 SF)
- Zoning
- R-4
- Road frontage
- City Street
- Buildings
- 2
- Building features
- Bathrooms, Dumpsters, Fencing, Janitorial Services, Kitchen Facility, Seating
Investor metrics
- Price per SF (MLS)
- $188.92/SF
- Cap rate
- 6.9%
- Net operating income
- $93,324/yr
- Gross income
- $110,400/yr
- Annual expenses
- $17,076/yr
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
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123 W Rhode Island Ave, Orange City, FL 32763
Listing courtesy of PRIMEFIT PROPERTIES LLC · MLS# O6414974 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
