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123 Rhode Island Avenue, FL
Stellar MLS

$1.35M

123 Rhode Island Avenue

Orange City, FL 32763

Listing updated: June 9, 2026 at 1:02 AM ET

Active
Stellar MLSListing courtesy of Primefit Properties Llc · Nick Vaseloff · MLS #O6414974 · Active · 407-305-2284
7,146
Building SF
2.5
Acres
1967
Built
$188.92
Per SF
Mixed Use6.91% cap rate2.5 acres$188.92/SF360° tour
Mixed Use

Property type

1967

Year built

7,146 SF

Building size

108,900 sqft

Lot size

$188.92

Price / SF

R-4

Zoning

0

Days on market

Investment & cash flow

6.91%
Cap rate
$93K
NOI / yr
$110K
Gross income (Actual)
$17K
Annual expenses
12.2
GRM
$188.92
Price / SF

Figures provided by the listing broker — verify independently.

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
0
Subdivision
Orange City
County
Volusia
Year built
1967
Building area
7,146 sq ft
Price/sq ft
$188.92
Lot size
108,900 sq ft
Buildings
2
Stories
1
Road frontage
City Street
Building features
Bathrooms, Dumpsters, Fencing, Janitorial Services, Kitchen Facility, Seating
Annual taxes
$4K (2025)
Parcel #
2377143
Zoning
R-4
MLS #
O6414974

Utilities

Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Water source
None
Sewer
Public Sewer, Septic Tank

Listing details

Listing date
2026-06-03
On market date
2026-06-08
MLS area
32763 - Orange City
Status changed
2026-06-08
Tax legal description
S 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

Location

Directions

From 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.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 9, 2026 at 1:02 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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