South Daytona, FL: 12,610± SF Former Bank Branch on 2.2± Acres at 2111 S Ridgewood Ave. (Volusia County)
Auction: Online Only Absolute Auction of 6 Former Bank Buildings in 5 States

2111 S Ridgewood Ave, South Daytona, FL 32119 (Volusia County)
Bidding Opens: Friday, September 29 at 12:00 Noon ET
Bid Deadline: Thursday, October 26 at 12:00 Noon ET
Inspection: Monday, October 23 at 2:00 PM ET SHARP
Sale Manager: Jeb Howell, 404-500-6628 or Info@AMCbid.com

Property Description: This 2 story, 2 parcel, masonry structure was built in 1978 and has 400’± of frontage along South Ridgewood Avenue (US Hwy 1). The 2nd parcel is the adjoining parking lot with the street number 2119 and a curb cut to S Ridgewood Ave. Three curb cuts onto the side street McDonald St provide excellent ingress and egress to the parking lot with 63 parking spaces and 6 covered drive-thru lanes. The combined 2.2 acres provides opportunities for expansion, additional development, redevelopment or uses that require high parking ratios. Zoned Business General Commercial (BGC). About 2/3 of the site is in Flood Zone X, an area of minimal flooding. About 1/3 along the site's northeast corner is in Flood Zone AE, an area of high-risk flooding.

 

Volusia County Tax Parcel# 5344-16-00-0242 & 5344-16-00-0240
Volusia County 2023 Working Tax Appraised Values: $1,044,752 & $109,991 = Total: $1,154,743
Volusia County 2023 Estimated Taxes Due: $20,971.31 & $2,207.85 = Total: $23,179.16

 

Terms:  Proof of Funds Required to Bid, 5% Buyers Premium added to winning bid to determine sale price, Earnest Money Deposit 10% of Purchase Price, 2% Broker Co-Op, close in 30 days from the auction date (NO LATER THAN MONDAY, NOVEMBER 27).

 

Julian E Howell, III, Licensed FL Broker