404 S Ridgewood Avenue, Daytona Beach, FL 32114 (MLS# 1213963)

404 S Ridgewood Avenue, Daytona Beach, FL 32114

$1,650,000

Virtual Tour

https://www.propertypanorama.com/instaview/stellar/V4943079#tour

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: 4/07/2026

Overview

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.

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: 16700
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: 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.
List Price/SqFt: 98.8

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

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

Listing Office: Adams, Cameron & Co., Realtors

Last Updated: April - 07 - 2026

Information deemed reliable but not guaranteed.