934 S Ridgewood Avenue
Daytona Beach, FL 32114

Listed at $1,500,000

Details

  • MLS# 1225812
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 1.020 acres
  • Built in 1910
  • Local Schools

Description

# 934 S. Ridgewood Avenue | Daytona Beach, Florida## A Landmark Property with Unlimited Investment PotentialOpportunities like this rarely come to market.Originally built in 1910 as the home of a prominent Daytona Beach physician, this beautifully restored landmark has been transformed into a turnkey investment property that blends historic character with modern infrastructure. Located just minutes from the beach and along the rapidly evolving Ridgewood Avenue corridor, the property offers exceptional flexibility for investors, developers, and operators looking for a one-of-a-kind asset.Spanning approximately 9,012 square feet on 1.02 acres,...read more the property features 25 bedrooms, many with private bathrooms, along with five fully independent apartments. Extensive renovations--including a new roof, new windows, updated electrical, plumbing, and HVAC systems--allow a new owner to focus on operations and income rather than costly renovations. Designed to maximize cash flow, the versatile layout supports multiple lucrative revenue streams, including co-living, workforce housing, short-term rentals, or traditional multifamily leasing.Positioned on highly visible Ridgewood Avenue, with close proximity to the beach, retail, dining, and major thoroughfares, this asset is built for strong occupancy and consistent returns. Explore the enduring legacy and exceptional income potential of this unique Daytona Beach investment.

Features

  • Multi Units
  • Laminate
  • Central, ENERGY STAR Qualified Equipment
  • $15,100 Taxes
  • Public
  • Built in 1910
View All Features

Contact the Agent

David Hart

David Hart

Ormond Mainland Office
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Business Type: Bed & Breakfast, Hospitality, Medical, Mixed, Nursing Home, Professional Service
  • Cooling: Multi Units
  • Days on Site: 89
  • Directions: From International Speedway Blvd turn R onto S Ridgewood Ave.
  • Exterior: Block, Brick, Stucco
  • Flooring: Laminate
  • Heating: Central, ENERGY STAR Qualified Equipment
  • Listing Terms: Cash, Conventional
  • Lot Description: Other
  • Lot Size: 1.02 Acres
  • Parcel #: 5339-03-68-0040
  • Parking: Additional Parking, Covered
  • Property Attached Y/N: No
  • Property Sub-Type: Mixed Use
  • Sewer: Public Sewer
  • SQFT Total: 9012
  • Taxes: $15,100
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water: Public
  • Year Built: 1910