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1212 S Ridgewood Avenue - Key West Gardens, Daytona Beach, FL

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1212 S Ridgewood Avenue - Key West Gardens

Daytona Beach, FL 32114-6186 - Outer Daytona Beach MF Submarket

Property Type:Multi-Family Number of Units:9 Status:Existing Year Built:1935
Stories:- Building Size:2,780 SF Land Area:.21 AC (8,999 SF)
For Sale Price:$374,200 Price/Unit:$41,577.78 Cap Rate:10.00 % GRM:-


Sale Notes:
Four Buildings, 9 Apartments, Concrete Block Money Maker.
100% Rented on Leases, but also has Motel zoning with Higher Income potential.. Key West Style Compound with Gardens and landscaping.
Center of Explosive Growth in the Daytona Metro Area.

Great Location makes it easy to keep fully rented. On U.S. 1, close to employment, shopping, colleges, and The World's Most Famous Beach!

Remax Signature
Alton Gore
(386) 236-0760

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