2538 Ridgewood AveSouth Daytona, FL 32119

Property Details for 2538 Ridgewood Ave

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.46 AC

Property size (Sq ft)

3,877 SF

Zone code

BR

Property type

Commercial land

APN

5333-07-00-0010

APU

533307000010

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $993,207

  Hospitality

  $909,772

  Educational

  $756,920

  Medical

  $782,951

  Retail

  $1,177,431

Location Insight

City

South Daytona

County

Volusia

State

Florida

Latitude

29.1621

Longitude

-80.9994

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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