404 S Ridgewood Ave | Image 1
Virtual Tour
404 S Ridgewood Ave | Image 2
404 S Ridgewood Ave | Image 3
404 S Ridgewood Ave | Image 4
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404 S Ridgewood Ave | Image 7

$1,650,000

For Sale

9 months ago

MLS® 1213963

30 Bed

12 Bath

16700 sqft

33 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 16700 sqft
Garage No
Taxes $7,755
Days Active 287
Lot Size 1.5 acres
Approx. Age 1901
Avg. Price Per Sqft $98
MLS® Number 1213963

Property Address: 404 S Ridgewood Ave, Daytona Beach, FL, 32114-4928

Average square foot calculated using Size range provided by listing agent.

Description

DEAL ALERT -- List Price: $1, 650, 000 All-Cash / 45-Day Close: $1, 500, 000 NET TO SELLER • 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. The seller's bottom line is $1.5 million net -- bring the cash, close in 45 days, and walk away with a furnished, operational real estate business that is already producing. Please see the Full Description Attached.
MLS® Number1213963
Laundry LevelCommon Area, Multiple Locations
Central VacNo
FireplaceNo
Acreage1.5
Exterior
GarageNo
Approx. Age1901
Basement
DrivewayGuest, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 30, 2025List Date
$1,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
404 S Ridgewood Ave, Daytona Beach, FL

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