Active

$1,500,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 9012 sq ft
Overview
  • ID: MFRV4948811
  • Bedrooms:
  • Bathrooms: 0
  • Size: 9012 sq ft
Property Details
Remarks
Discover a landmark commercial opportunity in Daytona Beach, where historic charm meets an amazing modern investment potential. Originally built in 1910 as the stately private residence for a prominent doctor and his family, this distinguished property has gracefully evolved, standing the test of time through meticulous transformations. Now, it presents an unparalleled, fully renovated, high-yield asset just one block from Daytona's burgeoning redevelopment district. Spanning an impressive 9012 square feet, this turnkey offering features a remarkable 25-bedroom configuration, many with private baths, alongside five fully independent apartments. A comprehensive top-to-bottom renovation ensures peace of mind, boasting a new roof, new windows, and completely updated electrical, plumbing, and HVAC systems. Designed to maximize cash flow, the versatile layout supports multiple lucrative revenue streams, including co-living, workforce housing, short-term rentals, or traditional multifamily leasing. Positioned on highly visible Ridgewood Avenue, with close proximity to the beach, retail, dining, and major thoroughfares, this asset is built for strong occupancy and consistent returns. Explore the enduring legacy and exceptional income potential of this unique Daytona Beach investment.
Financial Considerations
Price:
$1,500,000
HOA Fee:
N/A
Tax Amount:
$15100
Price per SqFt:
$166.44
Tax Legal Description:
LOT 4 BLK 68HIGBEES ADDITION TO DAYTONA MB L PG 704 MB 12 PG 98 PER OR 4108 PGS 3467-3468 PER OR 5665 PG 2529 PER OR 8126 PG 3541 PER OR 8308 PG 2360
Exterior Features
Lot Size:
44528
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Other
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Other
Appliances:
N/A
Furnished:
No
Floor:
Laminate
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1910
Construction Type:
Block, Brick, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    934 S RIDGEWOOD AVE
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