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1115 S Ridgewood Avenue
Daytona Beach FL 32114 US

$2,200,000

Active Listing ID 1205513
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16 bed
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8.00 Bath (8 Full)
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Lot: 0.35 Acres

$2,200,000

Active Listing ID 1205513
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1115 S Ridgewood Avenue The 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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Property Features

  • Facts
  • Lot Size: 0.35 Acres
  • Property Type: Residential Multi Family
  • Features
  • Full Bathrooms: 8
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Cleared
  • Floor Covering: Vinyl
  • Roof Type: Shingle

Property

  • propertytype: Residential Multi Family
  • listprice: 2200000
  • unparsedaddress: 1115 S Ridgewood Avenue
  • postalcity: Daytona Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 32114
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.35
  • lotsizeunits: Acres
  • lotsizearea: 0.35
  • livingarea: 9534
  • livingareaunits: Square Feet
  • latitude: 29.19256
  • longitude: -81.012456
  • listagentfullname: Sean Sedita
  • listagentemail: sean.sedita@exprealty.com
  • listagentkey: 3yd-DBAARFL-12728
  • listagentmlsid: 12728
  • listagentpreferredphone: 3863836376
  • listagentofficephone: 8888838509
  • listofficekey: 3yd-DBAARFL-o102557
  • listofficemlsid: o102557
  • disclaimer: Copyright © 2024 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: DBAARFL
  • yearbuilt: 1926
  • listingcontractdate: 2024-11-01
  • countyorparish: Volusia
  • parcelnumber: 5340-05-02-0050
  • appliances: Refrigerator
  • cooling: Window Unit(s) A/C
  • flooring: Vinyl
  • numberofunitstotal: 15
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • roof: Shingle
  • waterfrontyn: False
  • exteriorfeatures: Cleared
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Cleared
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.01246, 29.19256
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sean.sedita@exprealty.com", "ListBrokerageCity":"Jacksonville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP Realty LLC", "ListBrokeragePhone":"(888) 883-8509", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Ste 100", "ListBrokerageUnparsedAddress":"10752 Deerwood Park Blvd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"10752 Deerwood Park Blvd", "ListOfficeAddress2":"Ste 100", "ListOfficeBrokerMlsId":"14926", "ListOfficeCity":"Jacksonville", "ListOfficeCountry":"US", "ListOfficeEmail":"a.shahin.broker@exprealty.net", "ListOfficePostalCode":"32256", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - Daytona Beach, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1115-S-Ridgewood-Ave_Daytona-Beach_FL_32114_M99463-99020?f=listhub&s=DBAARFL&m=1205513&c=rexren", "MLSModificationTimestamp":"2024-11-04T10:37:42Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4474, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:08:59 AM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Sean Sedita, EXP Realty LLC, sean.sedita@exprealty.com

Copyright © 2024 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.