1115 Ridgewood Avenue
Brokerage Office: 352-629-6883
1115 Ridgewood Avenue, Daytona Beach, FL 32114
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- MLS#: 1205513 ( Residential Income )
- Street Address: 1115 Ridgewood Avenue
- Viewed: 130
- Price: $2,200,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1926
- Bldg sqft: 0
- Bedrooms: 16
- Total Baths: 8
- Full Baths: 8
- Additional Information
- Geolocation: 29 / -81
- County: VOLUSIA
- City: Daytona Beach
- Zipcode: 32114
- Subdivision: Bethune Grant
- Provided by: EXP Realty LLC
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DescriptionThe 15 unit multifamily property located at 1115 S Ridgewood Avenue in Daytona Beach, Florida, presents a compelling investment opportunity in a high demand area. This property features a mix of units consisting of 12 apartments and 3 single family homes designed to cater to Daytona Beach's growing population, providing stable income potential in a vibrant rental market. Located on a spacious lot, the property offers room for further updates (8 additional units), allowing for potential value added enhancements. The area around Ridgewood Avenue offers easy access to Daytona's core amenities, including shopping, dining, and employment centers, which supports tenant retention and demand. Additionally, Daytona Beach's year round attractions, such as its famous beaches and proximity to educational institutions, bolster the desirability of the location for tenants and future investors alike. This multifamily property, with its prime location and growth potential, could be an ideal addition for investors aiming to capitalize on Daytona Beach's thriving rental market. This listing includes 6 additional adjoining parcels.
Property Location and Similar Properties
Property Features
Possible Terms
- Cash
- Conventional
Appliances
- Refrigerator
- Electric Oven
Close Date
- 0000-00-00
Cooling
- Wall/Window Unit(s)
Flooring
- Vinyl
Heating
- Other
Legal Description
- S 95 FT OF W 194 FT OF LOT 5 EXC S 18 1/2 FT OF N 38 FT OF E 21 FT & EXC PART PER RB 138 PG 143 BEING N 21 FT OF E 61.1 FT OF W 122.2 FT E OF RIDGEWOOD AVE & EXC N 27 FT OF W 61 FT E OF RIDGEWOOD AVE & EXC ROAD BLK 2 BETHUNE GRANT & INC E 46.9 FT OF LOT 69 ROWLADERS 3RD ADD DAYTONA PER OR 3197 PG 1350 PER OR 5777 PG 3137 PER OR 6476 PG 4425 PER OR 6827 PG 4162
Lot Features
- Cleared
- Other
Owner Pays
- Common Area Maintenance
- Grounds Care
- Insurance
- Taxes
- Water
Parcel Number
- 5340-05-02-0050
Parking Features
- Parking Lot
Pool Features
- None
Property Type
- Residential Income
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2023
Tenant Pays
- Electricity
Utilities
- Cable Available
- Electricity Available
- Electricity Connected
- Separate Electric Meters
- Separate Water Meters
- Water Available
- Water Connected
Views
- 130
Year Built
- 1926
- Every PENNY matters, Get Your PENNY's Worth From Today's Real Estate Market