404 S Ridgewood AVENUE
Daytona Beach, FL, 32114 $ 2,280,000
Bedrooms28 Baths10.0 Sq 16,700 Monthly Estimate*
$ 15,154
for $2,280,000 with 28 bedrooms and 10 full baths. This 16,700 square foot home was built in 1901 on a lot size of 1.5.
The Historic Daytona Portfolio offers 3 buildings on 5 contiguous parcels on 1.5 acres in Daytona Beach, FL with 164 feet of frontage on US-1. The crown jewel of the portfolio is the fully renovated Victorian masterpiece featuring 8,0000 s/f of living space with 10 bedrooms, 5 bathrooms and 2 additional basement apartment units. The Victorian recently is being utilized as a short term rental. Adjacent to the Victorian is the fully renovated Co-Living House, featuring 13 bedrooms and 4 bathrooms. The house is currently 100% occupied, utilizing PadSplit which is an online platform that allows rooms to be rented by the week. Situated west of the Victorian sits a fully renovated single family home at 315 Live Oak St. and features 3 bedrooms and 1 bathroom, also rented by the room via PadSplit. The property features a combined 28 bedrooms, 12 bathrooms and a total of 16,700 square feet. • 3 additional contiguous lots are included in the offering: West End Parcel: Parcel ID 533901170060 .24 acres Middle parcel: Parcel ID: 533901170061 .126 acres East End Parcel: Parcel ID: 533901170064 .143 acres The 3 lots equal roughly half an acre. An investor could reconfigure the existing parking area and develop 2 or 3 of these additional lots. • All 5 parcels are zoned T-2 which allows for a wide variety of uses including: single family, multifamily, short term rental, assisted living, skilled nursing, office, retail, restaurant, and more. Current ownership is utilizing the portfolio for residential rentals, however, a variety of other uses are allowed including ALF, Skilled Nursing, Office, Single Family, Multifamily, Retail and more. • Addresses for the Portfolio Include: (The Victorian) 404 S. Ridgewood Ave. Daytona Beach, FL 32114 (The Co-Living House) 408 S. Ridgewood Ave. Daytona Beach, FL 32114 (The SFR) 315 Live Oak Ave. Daytona Beach, FL 32114 *The Victorian and the Co-Living House are on the same parcel. *The SFR is on a separate Parcel All 5 parcels are zoned T-2 which allows for a wide variety of uses including: single family, multifamily, short term rental, assisted living, skilled nursing, office, retail, restaurant, and more. Current ownership is utilizing the portfolio for residential rentals, however, a variety of other uses are allowed including ALF, Skilled Nursing, Office, Single Family, Multifamily, Retail and more. • Addresses for the Portfolio Include: (The Victorian) 404 S. Ridgewood Ave. Daytona Beach, FL 32114 (The Co-Living House) 408 S. Ridgewood Ave. Daytona Beach, FL 32114 (The SFR) 315 Live Oak Ave. Daytona Beach, FL 32114 *The Victorian and the Co-Living House are on the same parcel. *The SFR is on a separate Parcel
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FeaturesGeneralInterior Features High Ceilings Vaulted Ceiling(s)
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Shingle
Exterior Features Storage
Zoning T-2
Construction Materials Wood Siding
Year Built 1901
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name DAYTONA
Garage Y/N No
Status Active
Directions Heading south on Ridgewood Ave Pass Live Oak Ave. and the Victorian is the first building on the right.
City DAYTONA BEACH
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 17
MLS Area 32114 - Daytona Beach
Lot Size Square Feet 65558
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Ridgewood
Tax Annual Amount 7513
Public Remarks The Historic Daytona Portfolio offers 3 buildings on 5 contiguous parcels on 1.5 acres in Daytona Beach FL with 164 feet of frontage on US-1. The crown jewel of the portfolio is the fully renovate
Lease Considered Y/N Yes
Virtual Tour https://media.showingtimeplus.com/sites/404-s-ridgewood-ave-daytona-beach-fl-32114-7476224/branded
Days on Market 110
Standard Status Active
Tax Lot 0062
Legal Description N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DA YTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6 634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7
Water Access Y/N No
Water View Y/N No
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InteriorFurnished Y/N Negotiable
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix AVENUE
Laundry Features Laundry Room
Total Bedrooms 28
Total Baths 10
Living Area Units Square Feet
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ExteriorWater Source Public
Lot Size Area 1.505
Foundation Details Slab
Number of Buildings 3
Lot Size Acres 1.5
Road Surface Type Asphalt
Lot Size Units Acres
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* Excluded FeaturesList ByPlaid Properties, LlcBroker
Andrew@plaidrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,154
- Monthly Property Taxes
- $626
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Daytona Beach, FL
Average List Price $726,167
Percent of Sale Price 68%
About Daytona Beach, FL 67,575 Population
3% Since 2002
$ 31,022 Median Income
39.5 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/14/2024 | $1,999,000 | -12.32% | Price Down |
| 4/29/2024 | $2,280,000 | -4.60% | Price Down |
| 4/9/2024 | $2,390,000 | -4.02% | Price Down |
| 3/27/2024 | $2,490,000 | -3.86% | Price Down |
| 3/13/2024 | $2,590,000 | -3.72% | Price Down |
| 2/2/2024 | $2,690,000 | | Listed Price |