1115 S Ridgewood Avenue Daytona Beach, FL 32114
Single Family Attached
MLS #: 1205456
Courtesy Of EXP Realty LLC
Property InformationDescription
The 15-unit multifamily property located at 1115 S Ridgewood Avenue in Daytona Beach, Florida, presents a compelling investment opportunity in a high-demand area. This property features a mix of units consisting of 12 apartments and 3 single family homes designed to cater to Daytona Beach's growing population, providing stable income potential in a vibrant rental market. Located on a spacious lot, the property offers room for further updates (8 additional units), allowing for potential value-added enhancements.
The area around Ridgewood Avenue offers easy access to Daytona's core amenities, including shopping, dining, and employment centers, which supports tenant retention and demand. Additionally, Daytona Beach's year-round attractions, such as its famous beaches and proximity to educational institutions, bolster the desirability of the location for tenants and future investors alike. This multifamily property, with its prime location and growth potential, could be an ideal addition for investors aiming to capitalize on Daytona Beach's thriving rental market.
The area around Ridgewood Avenue offers easy access to Daytona's core amenities, including shopping, dining, and employment centers, which supports tenant retention and demand. Additionally, Daytona Beach's year-round attractions, such as its famous beaches and proximity to educational institutions, bolster the desirability of the location for tenants and future investors alike. This multifamily property, with its prime location and growth potential, could be an ideal addition for investors aiming to capitalize on Daytona Beach's thriving rental market.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Building Units: 15
- Floor Covering: Vinyl
- Legal Description: S 95 FT OF W 194 FT OF LOT 5 EXC S 18 1/2 FT OF N 38 FT OF E 21 FT & EXC PART PER RB 138 PG 143 BEING N 21 FT OF E 61.1 FT OF W 122.2 FT E OF RIDGEWOOD AVE & EXC N 27 FT OF W 61 FT E OF RIDGEWOOD AVE & EXC ROAD BLK 2 BETHUNE GRANT & INC E 46.9 FT OF LOT 69 ROWLADERS 3RD ADD DAYTONA PER OR 3197 PG 1350 PER OR 5777 PG 3137 PER OR 6476 PG 4425 PER OR 6827 PG 4162
- MLSID: 1205456
- Roof Type: Shingle
MAP & DIRECTIONS
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