404 S Ridgewood Ave, Daytona Beach, FL 32114
- Beds
- 30
- Baths
- 12
- Sqft
- 7,746
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Overview
DEAL ALERT -- List Price: $1,650,000
• All Furnishings Included (~$100K Value)
The Seller Has Done the Negotiation For You. This Is the Number.
There Is No Counter.
PROPERTY OVERVIEW:
This is one of the rarest, immediately cash-flowing real estate portfolio opportunities to hit the Daytona Beach market -- a fully renovated, income-producing trifecta of historic, co-living, and single-family residential assets sitting on 1.5 acres with 164 feet of US-1 frontage in the heart of Downtown Daytona Beach. At $1.5 million all-cash, the buyer is acquiring 16,700 sq-ft of renovated, stabilized income property at under $90 per square foot -- a number that simply does not exist anywhere else in this market for assets of this quality.
The portfolio consists of three fully renovated buildings on five contiguous T-2 zoned parcels, generating current income today while offering multiple value-add and development pathways tomorrow. Three additional buildable lots are included in the sale at no additional cost. Close in 45 days, and walk away with a furnished, operational real estate business that is already producing. Please see the Full Description Attached.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 30
- Number of bathrooms
- 12
- Square feet
- 7,746
- Lot size (acres)
- 1.50
- Year built
- 1901
Interior features
- Laundry
- Common Area
Utilities
- Heating
- Central, Electric, Zoned
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2024)
- $7,754.82
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Daytona Beach MLS®#: 1213963 Last checked: …

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