For Sale
$749,000

2538 Ridgewood AveSouth Daytona, FL 32119

Prime 6.43-acre commercial lot, high development potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6.43-acre commercial property, located at 2538 S Ridgewood Avenue in South Daytona, Florida (32119), presents a unique investment opportunity. The expansive 107,244.72 square foot lot boasts frontage on both Ridgewood Avenue to the east and Carmen Street to the west, offering excellent visibility and accessibility. Zoned for high-density development, this land is ideally suited for a multifamily project, with potential for upwards of 150 apartment units. The property's location in the business-friendly city of South Daytona, adjacent to the International Academy, ensures a strong potential tenant base. The seller is open to collaborating with qualified developers, making this an attractive proposition for those seeking a partnership opportunity. This is a rare chance to acquire a significant parcel of land in a thriving area with substantial development potential. The total square footage of the property is 279,655 square feet. Serious inquiries only.

Highlights

  • 6.43-acre commercial lot in South Daytona, FL (32119), located at 2538 S Ridgewood Avenue.
  • 107,244.72 sq ft lot with frontage on Ridgewood Ave and Carmen St, offering high visibility and accessibility.
  • High-density zoning ideal for multifamily development (potential for ~150 units).
  • Excellent location near International Academy, ensuring strong tenant demand.
  • Seller open to developer partnerships.
  • Total property size: 279,655 sq ft.

Property Details for 2538 Ridgewood Ave

Property type
Land, Apartment buildings
Square Feet
279,655 SF

Location Insight

City
South Daytona
County
Volusia
State
Florida
Latitude
29.162111
Longitude
-80.999385
2538 Ridgewood Ave, South Daytona, Florida

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2538 Ridgewood Ave
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