920 Ridgewood Avenue 1, DAYTONA BEACH, FL 32114
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Priced at Only: $650,000
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Address: 920 Ridgewood Avenue 1, DAYTONA BEACH, FL 32114
Property Location and Similar Properties
- MLS#: O6356688 ( Residential Income )
- Street Address: 920 Ridgewood Avenue 1
- Viewed: 8
- Price: $650,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 0
- Bedrooms: 12
- Total Baths: 5
- Days On Market: 24
- Additional Information
- Geolocation: 29.1945 / -81.0149
- County: VOLUSIA
- City: DAYTONA BEACH
- Zipcode: 32114
- Provided by: OUTLET REALTY
- Contact: Nicolas Rodriguez
- 407-353-5518

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DescriptionPresenting a rare opportunity to acquire a stabilized, income producing 4 plex in a prime Daytona Beach location. This property features two separate buildings and delivers a high net operating income (NOI) of $72,638 with an impressive 10.45 cap rate, making it an outstanding choice for investors seeking strong, reliable cash flow. The property is fully occupied from a solid tenant base, providing dependable rental income and long term stability thorough Federal Housing. Its strategic location ensures strong occupancy potential in one of Floridas most active coastal markets. Located just minutes from Daytona Beach International Airport, Daytona International Speedway, and the vibrant downtown area, this asset offers convenient access to transportation, shopping, dining, and the world famous beaches, combining both generous cash flow and appreciation potential. Whether youre expanding your portfolio or seeking an investment in a desirable Daytona Beach neighborhood, 920 S Ridgewood Ave represents a rare opportunity to acquire a premium multifamily property with immediate income and long term upside.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Other
- Living Area: 3546.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Wall/Window Unit(s)
- Heating: Ductless
- Sewer: Public Sewer
- Utilities: Public
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Interior Features: Other
- Legal Description: S 15 FT OF LOT 2 & N 1/2 OF LOT 3 BLK 68 DAYTONA PER OR 4331 PG 0897 PER OR 7714 PG 2877 PER OR 7726 PG 0111
- Area Major: 32114 - Daytona Beach
- Parcel Number: 5339-03-68-0030
- Zoning Code: 02T3
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