RARE OPPORTUNITY! 60-UNIT VALUE-ADD MULTIFAMILY PORTFOLIO IN PRIME DAYTONA BEACH LOCATION WITH US-1 FRONTAGE! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units scheduled for COMPLETION PRIOR TO CLOSING. Renovated units feature modern kitchens, updated appliances, designer finishes, and luxury vinyl flooring. Unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units, well-positioned for strong workforce and student housing demand near Embry-Riddle and Daytona State College. Structured as a MULTI FOLIO OVAL ASSAMBLAGE with zoning allowing potential hotel conversion, offering long-term flexibility and redevelopment optionality. Located along the high-visibility US-1 corridor and minutes from Daytona Beach, this asset supports multiple EXIT strategies including long-term hold, refinance, repositioning, or redevelopment. Ideal for multifamily operators, private investors, and 1031 exchange buyers seeking scale, yield, and value creation in a high-demand rental market.
Current real estate data for Commercial in Daytona Beach as of Nov 05, 2026
5
Commercial Listed
104
Avg DOM
$2,786,778
Avg List Price
Listing Provided Courtesy of The Keyes Company at 305-595-8166
Property Details
Price:
$8,888,888
MLS #:
A12011183
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Daytona Beach
Neighborhood:
5940otherfloridacounty
Listed Date:
May 1, 2026
Total Sq Ft:
41,397
Lot Size:
3,263,654,592 sqft / 1.72 acres (approx)
Schools
Interior
Flooring
Laminate, Tile, Wood
Exterior
Construction Materials
Block, CBS, Frame, Stucco
Parking Features
Common, Guest, Free
Parking Spots
78
Parking Total
78
Roof
Shingle
Security Features
Security Fence
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address1208 S Ridgewood Avenue Daytona Beach FL
- CityDaytona Beach
- CountyVolusia
- Zip Code32114
Property Summary
- 1208 S Ridgewood Avenue Daytona Beach FL is a Commercial for sale in Daytona Beach, FL, 32114. It is listed for $8,888,888 To schedule a showing of MLS#a12011183 at 1208 S Ridgewood Avenue in Daytona Beach, FL, contact your Trust House Realty agent at 9543362003.
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