404 S Ridgewood Avenue, Daytona Beach, FL 32114
Overview
Description
Supplements: ... (Read more) 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. See the Full Brochure Attached!
Listing Details MLS# 1213963
General Property Information
- Number Of Buildings
- 3
- Number Of Units Total
- 4
- Bedrooms Total
- 30
- Bathrooms Total
- 12
- Bathrooms Full
- 12
- Living Area
- 7746
- Year Built
- 1901
- Lot Size Acres
- 1.5
- Association YN
- No
- CDD Fee YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Furnished
- Furnished
- Stories Total
- 3
- Stories
- 3
- Directions
- Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.
- Public Remarks
- 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. $89.82 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 terms. 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, 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.
- List Price/SqFt
- 213.01
Property Features
Contract Information
- Listing Contract Date
- 2025-05-30
- Property Sub Type
- Multi Family
- Seller Concessions Offered Y/N
- Yes
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
Unit 1 Details
- Unit ID
- Victorian
- Actual Rent
- 191
- Unit SqFt
- 8000
- Full Baths Total
- 5
- Furnished
- Furnished
- Unit Remarks
- Victorian Rooms weekly
More Information
Unit 2 Details
- Unit ID
- Dorm
- Actual Rent
- 186
- Unit SqFt
- 7000
- 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
- Full Baths Total
- Yes
- Furnished
- Furnished
- Unit Remarks
- Hosue Weekly/Monthly
Unit 4 Details
- Unit ID
- 2 apart
- Actual Rent
- 1250
- Unit SqFt
- 1000
- Full Baths Total
- 2
- Furnished
- Unfurnished
- Unit Remarks
- 2 -Unfirnaished Basement Apartments
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
- Yes
Lock Box Type
- Other
- Yes
- See Remarks
- Yes
Accessibility Features
- Accessible Common Area
- Yes
- Accessible Entrance
- Yes
- Accessible Full Bath
- Yes
- Accessible Kitchen
- Yes
- Accessible Stairway
- Yes
Appliances
- Convection Oven
- Yes
- Electric Oven
- Yes
- Electric Water Heater
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer/Dryer Stacked
- Yes
Construction Materials
- Brick
- Yes
- Frame
- Yes
- Vinyl Siding
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
Current Use
- Mixed Use
- Yes
- Multi-Family
- Yes
Electric
- 200+ Amp Service
- Yes
Fencing
- Fenced
- Yes
Flooring
- Tile
- Yes
- Wood
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Separate Meters
- Yes
- Zoned
- Yes
Laundry Features
- Common Area
- Yes
- Multiple Locations
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Lot Features
- Corner Lot
- Yes
- Few Trees
- Yes
- Historic Area
- Yes
Owner Pays
- Cable TV
- Yes
- Common Area Maintenance
- Yes
- Electricity
- Yes
- Exterior Maintenance
- Yes
- Gas
- Yes
- Grounds Care
- Yes
- Hot Water
- Yes
- HVAC Maintenance
- Yes
- Insurance
- Yes
- Janitorial Service
- Yes
- Management
- Yes
- Pest Control
- Yes
- Repairs
- Yes
- Security
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Parking Features
- Guest
- Yes
- Parking Lot
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
- State Road
- Yes
Road Surface Type
- Concrete
- Yes
Roof
- Shingle
- Yes
Security Features
- Fire Alarm
- Yes
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Smart Home Features
- Locks
- Yes
Tenant Pays
- None
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes