619-623 Ridgewood AveDaytona Beach, FL 32114

Property Details for 619-623 Ridgewood Ave

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional Daytona Beach investment opportunity encompasses two adjacent lots totaling 8,276.4 square feet, situated at 619-623 S Ridgewood Avenue, in the heart of the city's historic business district. Zoned T-2, this property allows for a wide array of uses, including multi-family housing, tourist accommodations, office space, restaurants, retail establishments, and residential development. Its prime location directly on US1 offers unparalleled visibility and accessibility. The lots are cleared and ready for development, with readily available water, sewer, and electricity connections. The property's proximity to the Halifax River, marina, riverfront parks, beaches, shops, and restaurants enhances its desirability. This is a remarkable chance to acquire a versatile property in the National Historic District, just a short drive from Daytona Beach's vibrant attractions. Potential buyers are encouraged to conduct their own due diligence, contacting the zoning department to discuss specific development plans and verify all acceptable zoning uses, measurements, and city requirements. The asking price is $180,000, with the possibility of a reduced price for a package deal including the adjacent lot. This is a compelling investment for discerning buyers seeking a prime location with diverse development potential.

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2007

Longitude

-81.017

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