404 S Ridgewood Ave - Specialty FOR SALE


Daytona Beach, FL 32114- Greater Daytona
$2,500,000 USD
386-852-7932
404 S Ridgewood Ave, Daytona Beach, FL for Sale
$2,500,000 USD
Specialty - FOR SALE
1/68
null | Request Cap Rate

404 S Ridgewood Ave
Daytona Beach, FL 32114
Greater Daytona


HIGHLIGHTS

  • A RARE GEM A Fully Renovated Historic Victorian Residence
  • Minutes to the beach, Intracoastal Waterway, Daytona International Speedway, Daytona Beach International Airport, and Bethune-Cookman University
  • Ideal for investors seeking cash flow with valueadd or expansion upside Minutes to the beach, Int
  • Diverse redevelopment potential with T-2 zoning
  • Stable income through PadSplit, the largest coliving platform in the U.S.

OVERVIEW

This exceptional portfolio comprises five parcels featuring a total of three fully renovated residences and three adjacent land parcels for future development. Anchored by an 8,000 SF Historic Victorian home, the offering also includes a 7,000 SF co-living property at 404 & 408 S Ridgewood Ave, a 1,021 SF home at 315 Live Oak Ave, all 5 parcels total 1.5 AC (0.51 vacant)—on Live Oak Avenue and Segrave Street. The crown jewel of the portfolio is the magnificent 8,000 SF Victorian home, listed on the U.S. National Register of Historic Places. This architectural masterpiece features 10 uniquely styled bedrooms, 5 full bathrooms, and two fully renovated basement apartments. Currently leased via PadSplit through August 2025 and renewable, this property generates consistent rental income while maintaining historic charm. Please see the Flyer attached in doucument for more information.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

28 Rooms - 3 Buildings - 3 vacant Lots

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

T2

APN/PARCEL ID

5339-01-17-0061,5339-01-17-0062,5339-01-17-0063,5339-01-17-0064

ASK ABOUT THIS PROPERTY

Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.