404 S Ridgewood Avenue, Daytona Beach, FL 32114
$1,675,000
Property Type:
Residential Income
Bedrooms:
30
Baths:
12
Square Footage:
16,021
Lot Size (sq. ft.):
65,340
Status:
Active
Current Price:
$1,675,000
List Date:
5/30/2025
Last Modified:
1/23/2026
Description
Over $800k reduction off Original List Price, this beautiful Pad Split Portfolio is performing at a superior level just to be clear. Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $115 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete Turnkey Rented Portfolio which will be included with an acceptable Offer. This opportunity consists of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co-living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach,
Supplements: the Intercoastal Waterway, and major attractions. This prime location, combined with the recent property enhancements and diverse zoning options, makes this Offering particularly appealing to investors and developers alike. The centerpiece of this portfolio is the stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this Historic Gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with Pad Split runs through July 2025. The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and General Electric upgrades. All 3 properties benefit from recent leases with Pad Split - the largest co-living marketplace in the US. Pad Split provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St. These land parcels are zone T -2 which allows for a wide variety of uses.
More Information MLS# 1213963
Contract Information
Seller Concessions Offered Y/N: Yes
Current Price: $1,675,000
List Price: $1,675,000
Status: Active
Listing Contract Date: 2025-05-30
Property Sub Type: Multi Family
Location, Tax, and Legal
Country: US
Parcel Number: 5339-01-17-0062
Tax Annual Amount: 7754.82
Tax Year: 2024
Zoning Description: Residential/Office
Middle School: Campbell
High School: Mainland
Tax Legal Description: N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DAYTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7660 PG 2508 PER OR 8196 PG 2551 PER OR 8206 PG 1829 PER OR 8209 PG 4205 PER
Currently Not Used
Bedrooms Total: 30
Bathrooms Full: 12
Bathrooms Half: 0
Bathrooms Total: 12
Living Area Source: Other
Building Area Total: 16021
Year Built: 1901
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Parking Total: 33
View
City: 1
General Property Information
Number Of Buildings: 3
Lot Size Acres: 1.5
Living Area: 16021
Number Of Units Total: 4
CDD Fee YN: No
Association YN: No
Waterfront YN: No
Directions: Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.
Public Remarks: Over $800k reduction off Original List Price, this beautiful Pad Split Portfolio is performing at a superior level just to be clear. Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $115 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete Turnkey Rented Portfolio which will be included with an acceptable Offer. This opportunity consists of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co-living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach,
Furnished: Furnished
Stories: 3
Stories Total: 3
Water Body Access YN: No
List Price/SqFt: 104.55
Bedrooms Total: 30
Bathrooms Total: 12
Bathrooms Full: 12
Year Built: 1901
Lock Box Type
Other: 1
See Remarks: 1
Accessibility Features
Accessible Common Area: 1
Accessible Entrance: 1
Accessible Full Bath: 1
Accessible Kitchen: 1
Accessible Stairway: 1
Appliances
Convection Oven: 1
Electric Oven: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Construction Materials
Brick: 1
Frame: 1
Vinyl Siding: 1
Wood Siding: 1
Cooling
Central Air: 1
Current Use
Mixed Use: 1
Multi-Family: 1
Electric
200+ Amp Service: 1
Fencing
Fenced: 1
Flooring
Tile: 1
Wood: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Zoned: 1
Laundry Features
Common Area: 1
Multiple Locations: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Corner Lot: 1
Few Trees: 1
Historic Area: 1
Owner Pays
Cable TV: 1
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Gas: 1
Grounds Care: 1
Hot Water: 1
HVAC Maintenance: 1
Insurance: 1
Janitorial Service: 1
Management: 1
Pest Control: 1
Repairs: 1
Security: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Parking Features
Guest: 1
Parking Lot: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
State Road: 1
Road Surface Type
Concrete: 1
Roof
Shingle: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Sewer
Public Sewer: 1
Smart Home Features
Locks: 1
Tenant Pays
None: 1
Unit 1 Details
Unit ID: Victorian
Actual Rent: 191
Unit SqFt: 8000
Beds Total: 11
Full Baths Total: 5
Furnished: Furnished
Unit Remarks: Victorian Rooms weekly
Unit 2 Details
Unit ID: Dorm
Actual Rent: 186
Unit SqFt: 7000
Beds Total: 13
Full Baths Total: 4
Furnished: Furnished
Unit Remarks: Dorm House apartments weekly & monthly
Unit 3 Details
Unit ID: House4/1
Actual Rent: 183
Unit SqFt: 1021
Beds Total: 4
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Hosue Weekly/Monthly
Unit 4 Details
Unit ID: 2 apart
Actual Rent: 1250
Unit SqFt: 1000
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: 2 -Unfirnaished Basement Apartments
Utilities
Cable Available: 1
Electricity Connected: 1
Water Connected: 1
Water Source
Public: 1
Location Tax and Legal
Street Number: 404
Street Direction Prefix: S
Street Name: Ridgewood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
Subdivision Name: Other
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Status Change Information
Major Change Timestamp: 2026-01-06T14:05:18Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-06T14:05:18Z
Property Features
Accessibility Features: Accessible Common Area; Accessible Entrance; Accessible Full Bath; Accessible Kitchen; Accessible Stairway
Appliances: Convection Oven; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer/Dryer Stacked
Construction Materials: Brick; Frame; Vinyl Siding; Wood Siding
Cooling: Central Air
Current Use: Mixed Use; Multi-Family
Electric: 200+ Amp Service
Fencing: Fenced
Flooring: Tile; Wood
Heating: Central; Electric; Separate Meters; Zoned
Laundry Features: Common Area; Multiple Locations
Levels: Three Or More
Listing Terms: Cash; Conventional; Other
Lock Box Type: Other; See Remarks
Lot Features: Corner Lot; Few Trees; Historic Area
Owner Pays: Cable TV; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Janitorial Service; Management; Pest Control; Repairs; Security; Sewer; Taxes; Trash Collection; Water
Parking Features: Guest; Parking Lot
Possession: Close Of Escrow
Road Frontage Type: City Street; State Road
Road Surface Type: Concrete
Roof: Shingle
Security Features: Fire Alarm; Fire Sprinkler System
Sewer: Public Sewer
Smart Home Features: Locks
Tenant Pays: None
Utilities: Cable Available; Electricity Connected; Water Connected
Water Source: Public
Listing Office:
Adams, Cameron & Co., Realtors
Last Updated: January - 23 - 2026
Information deemed reliable but not guaranteed.