1115 Ridgewood AveDaytona Beach, FL 32114
- Residential income properties
- 9,534 SF
Property Details for 1115 Ridgewood Ave
- Year built
- 1926
- Property size (Sq ft)
- 9,534 SF
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional 15-unit multifamily property, situated at 1115 S Ridgewood Avenue in Daytona Beach, Florida, presents a compelling investment opportunity. The property encompasses 9,534 square feet on a sizable 15,337.48 square foot lot and consists of a mix of 12 apartments and 3 single-family homes, catering to the area's robust rental market. Built in 1926, this property offers significant income potential with its existing units and substantial upside. The location on Ridgewood Avenue provides convenient access to Daytona Beach's vibrant amenities, including shopping, dining, and employment centers, ensuring high tenant demand and retention. Daytona Beach's renowned beaches and proximity to educational institutions further enhance the property's desirability. The spacious lot allows for potential expansion, with the possibility of adding up to 8 additional units, creating further value appreciation. This prime location and growth potential make this multifamily property an ideal investment for those seeking to capitalize on Daytona Beach's thriving rental market. The asking price is $2,200,000. The property's zip code is 32114, and it is located in Volusia County.
Location Insight
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.1923
- Longitude
- -81.0127
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].