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404 S Ridgewood Ave
Daytona Beach, FL 32114 Greater Daytona

$1,650,000 USD

Apartments For Sale  •  15,237 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,237 SF
  • Lot Size 1.48 AC
  • Building Class C
  • Year Built 1901
  • Cap Rate 7.58 %
  • Tenancy Multiple
  • Zoning T2
40 Transit Score
50 Walk Score

Highlights

A RARE GEM A Fully Renovated Historic Victorian Residence + 2 Story 13 Unit Building and 4 Bedroom Home
Minutes to the beach, Intracoastal Waterway, Daytona International Speedway, Daytona Beach International Airport, and Bethune-Cookman University
Ideal for investors seeking cash flow with valueadd or expansion upside Minutes to the beach, Int
Diverse redevelopment potential with T-2 zoning
Stable income through PadSplit, the largest coliving platform in the U.S.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $124,034 USD (2025)
Cap Rate: 7.58 %

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Wi-Fi
  • Basement
  • Large Bedrooms

Public Transportation

AirportDriveWalkDistance
Daytona Beach International 10 min - 4.6 mi
Orlando Sanford International 60 min - 43.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Dan Lyonnais, CCIM 386-852-7932 Adams Cameron & Co., Realtors-Commercial Division
Dan Lyonnais, CCIM 386-852-7932 Adams Cameron & Co., Realtors-Commercial Division