1115 Ridgewood Avenue, Daytona Beach, FL 32114
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Priced at Only: $2,200,000
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Address: 1115 Ridgewood Avenue, Daytona Beach, FL 32114
Property Location and Similar Properties
- MLS#: 1205513 ( Residential Income )
- Street Address: 1115 Ridgewood Avenue
- Viewed: 70
- 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
- DMCA Notice
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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.
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Features
Building and Construction
- Flooring: Vinyl
- Roof: Shingle
Land Information
- Lot Features: Cleared, Other
Garage and Parking
- Parking Features: Parking Lot
Eco-Communities
- Pool Features: None
Utilities
- Cooling: Wall/Window Unit(s)
- Heating: Other
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Electricity Connected, Separate Electric Meters, Separate Water Meters, Water Available, Water Connected
Finance and Tax Information
- Tax Year: 2023
Rental Information
- Tenant Pays: Electricity
Other Features
- Appliances: Refrigerator, Electric Oven
- 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
- Parcel Number: 5340-05-02-0050
- Views: 70
Owner Information
- Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes, Water
Nearby Subdivisions
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3511 South Peninsula Drive Por
Bennett Blk 18 Kingston
Bennett Homestead
Bethune Grant
Cannons Blk 17 Kingston
Cedar Point
Colemans
Conrad
Daytona Gardens
Daytona Gardens 05 Amd
Fairway
Fairway Estates
Fairway Estates 08
Forest Park
Frst Park
Fuquay Blk 15 Kingston
Hibiscus Park
Higbee
High Ridge Estates
Highand Park
Highland Park
Hillside
Hodgmans
Holloway Place
Idlewild Terrace
Indigo
Kingston
Kottle
Magnolia Terrace
Mainland U R
Marshall
Marshalls
Mason Heights
Not In Subdivision
Not On List
Not On The List
Oakwood At Nocatee
Orange Island
Other
Pine Crest
Ridgecrest
Ridgewood Heights
Ridgewood Park Subkingston
Roosevelt Park
Schantz
Seaman
Sharon Heights
South Cedar Park
Stillman
Sunnyland Park
Thompsons Blk 12 Hodgmans
Tuscawilla Highlands
Walker Terrace
Wood & Stiles
- Barbara Kleffel, REALTOR ®
- Southern Realty Ent. Inc.
- Office: 407.869.0033
- Mobile: 407.808.7117
- barb.sellsorlando@yahoo.com