Search

404 S Ridgewood Avenue, Daytona Beach, FL 32114

$1,650,000
Property Type: Residential Income Bedrooms: 30 Baths: 12 Square Footage: 16,700 Lot Size (sq. ft.): 65,340 Status: Active
Current Price: $1,650,000 List Date: 5/30/2025 Last Modified: 3/04/2026

Description

DEAL ALERT -- List Price: $1,650,000 All-Cash / 45-Day Close: $1,500,000 NET TO SELLER • All Furnishings Included (~$100K Value) The Seller Has Done the Negotiation For You. This Is the Number. There Is No Counter. PROPERTY OVERVIEW: This is one of the rarest, immediately cash-flowing real estate portfolio opportunities to hit the Daytona Beach market -- a fully renovated, income-producing trifecta of historic, co-living, and single-family residential assets sitting on 1.5 acres with 164 feet of US-1 frontage in the heart of Downtown Daytona Beach. At $1.5 million all-cash, the buyer is acquiring 16,700 sq-ft of renovated, stabilized income property at under $90 per square foot -- a number that simply does not exist anywhere else in this market for assets of this quality. The portfolio consists of three fully renovated buildings on five contiguous T-2 zoned parcels, generating current income today while offering multiple value-add and development pathways tomorrow.

Supplements: Three additional buildable lots are included in the sale at no additional cost. The seller's bottom line is $1.5 million net -- bring the cash, close in 45 days, and walk away with a furnished, operational real estate business that is already producing. Please see the Full Description Attached.

More Information MLS# 1213963

Contract Information

Seller Concessions Offered Y/N: Yes Current Price: $1,650,000 List Price: $1,650,000 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: 16700 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: 16700 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: DEAL ALERT -- List Price: $1,650,000 All-Cash / 45-Day Close: $1,500,000 NET TO SELLER • All Furnishings Included (~$100K Value) The Seller Has Done the Negotiation For You. This Is the Number. There Is No Counter. PROPERTY OVERVIEW: This is one of the rarest, immediately cash-flowing real estate portfolio opportunities to hit the Daytona Beach market -- a fully renovated, income-producing trifecta of historic, co-living, and single-family residential assets sitting on 1.5 acres with 164 feet of US-1 frontage in the heart of Downtown Daytona Beach. At $1.5 million all-cash, the buyer is acquiring 16,700 sq-ft of renovated, stabilized income property at under $90 per square foot -- a number that simply does not exist anywhere else in this market for assets of this quality. The portfolio consists of three fully renovated buildings on five contiguous T-2 zoned parcels, generating current income today while offering multiple value-add and development pathways tomorrow. Furnished: Furnished Stories: 3 Stories Total: 3 Water Body Access YN: No List Price/SqFt: 98.8 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: 2026-02-26T01:21:41Z Major Change Type: Price Reduced Price Change Timestamp: 2026-02-26T01:21:41Z

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: March - 04 - 2026
Information deemed reliable but not guaranteed.

Compare listings

Compare