FL
Volusia
DAYTONA BEACH
32114
404 S RIDGEWOOD AVENUE
404 S RIDGEWOOD AVENUE, DAYTONA BEACH, FL 32114
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Listing Type
Multi Family
Listing Status
active
57
$2,099,000

Home Details for 404 S RIDGEWOOD AVENUE

Price
$2,099,000
Type
Residential Income
Bedrooms
30
Bathrooms
1.0
Square feet
16021
Year built
1901
Lot size acres
0.87
County
Volusia
Garage
Days on site
103
MLS Listing#
V4943079
Property Description

Agressive Price Improvment! Portfolio Income Opportunity consisting 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. 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 PadSplit runs through July 2025. Adjacent to the Victorian is the fully renovated co-living house, which offers 13 bedrooms and 4 bathrooms. Almost fully occupied, this property leverages the innovative PadSplit platform to facilitate weekly rentals, maximizing occupancy and cash flow. Together, these properties provide a robust rental income stream, while the zoning flexibility allows for a variety of alternative uses, including assisted living, skilled nursing, or retail opportunities. The current lease with PadSplit runs through August 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 PadSplit - the largest co-living marketplace in the US. PadSplit 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 zoned T-2 which allows for a wide variety of uses. Partial Owner Financing for the right quilifed buyer!

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Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
    • Attic Fan
  • Heating Information
    • Central
    • Electric
  • House Interior
    • High Ceilings
    • Vaulted Ceiling(s)
  • Parking
    • Guest
    • Parking Pad
  • Water Features
    • Public
  • Fire Place
    • Living Room
Listing Courtesy: ADAMS, CAMERON & CO., REALTORS - 386-738-1920
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-09-07 08:30:28
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EXIT REAL ESTATE PROPERTY SOLUTIONS
3132 S Ridgewood Ave, South Daytona, FL 32119
Office
386 763 3008
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