1208 S Ridgewood Ave, Daytona, FL 32114
Daytona, FL 32114
Description of 1208 S Ridgewood Ave, Daytona, FL 32114
RARE OPPORTUNITY! 60-UNIT VALUE-ADD MULTIFAMILY PORTFOLIO IN PRIME DAYTONA BEACH LOCATION WITH US-1 FRONTAGE! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units scheduled for COMPLETION PRIOR TO CLOSING. Renovated units feature modern kitchens, updated appliances, designer finishes, and luxury vinyl flooring. Unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units, well-positioned for strong workforce and student housing demand near Embry-Riddle and Daytona State College. Structured as a MULTI FOLIO OVAL ASSAMBLAGE with zoning allowing potential hotel conversion, offering long-term flexibility and redevelopment optionality. Located along the high-visibility US-1 corridor and minutes from Daytona Beach, this asset supports multiple EXIT strategies including long-term hold, refinance, repositioning, or redevelopment. Ideal for multifamily operators, private investors, and 1031 exchange buyers seeking scale, yield, and value creation in a high-demand rental market.
Property Details for 1208 S Ridgewood Ave, Daytona, FL 32114
- Flooring
- Tile, Wood
- Parking Features
- Common, Free Parking, Guest
- Pool Private
- No
- Year Built Details
- Resale
Building Information for 1208 S Ridgewood Ave, Daytona, FL 32114
- Building Area Total
- 41397
- Building Area Units
- Square Feet
- Stories
- 2
- Stories Total
- 2
- Association
- No
- Security Features
- Security Fence
Property Information for 1208 S Ridgewood Ave, Daytona, FL 32114
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction, CBS Construction, Frame With Stucco
- Roof
- Shingle
- New Construction
- No
Public Records for 1208 S Ridgewood Ave, Daytona, FL 32114
- Parcel Number
- 40 15 33 03 03 0010
- County Or Parish
- Volusia County
Location
1208 S Ridgewood Ave, Daytona, FL 32114
More information about 1208 S Ridgewood Ave, Daytona, FL 32114
1208 S Ridgewood Ave is a income/multifamily for sale in Daytona, FL 32114. This property was listed for sale on May 1, 2026 by The Keyes Company, it's currently listed at $8,888,888. This listing's school district is Volusia County Public Schools.