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468 Ridgewood Ave, Holly Hill, FL 32117

Beds
5
Baths
9
Sqft
12,518
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byOceans Luxury Realty Full Service LLC
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Overview

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor
An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning.
Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
5
Number of bathrooms
9
Square feet
12,518
Lot size (acres)
1.03
Year built
1947

Interior features

Laundry
Electric Dryer Hookup, Washer Hookup

Exterior features

Area amenities
Gated Community

Garage and parking

Garage parking spaces
7

Utilities

Heating
Central, Electric, Hot Water
Cooling
Central Air, Electric, Multi-split AC, Wall/window unit(s)
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$9,911.57

Public schools

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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®#: 1215168 Last checked:

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.