1208 S Ridgewood Ave Daytona FL 32114 | MLS #A12011183
1208 S Ridgewood Ave
Daytona, FL, 32114
$8,888,888
Beds
0 Baths
0 SqFt
1.72 Acres
$8,888,888
1208 S Ridgewood Ave
Daytona, FL, 32114
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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.

Property Details

Price:
$8,888,888
MLS #:
A12011183
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
May 1, 2026
Total Sq Ft:
41,397
Commercial/residential Income,residential-multi-family

Schools

Interior

Flooring
Tile, Wood

Exterior

Accessibility Features
Accessible Parking
Construction Materials
Concrete Block Construction, CBS Construction, Frame With Stucco
Parking Features
Common, Free Parking, Guest
Parking Spots
78
Parking Total
78
Roof
Shingle
Security Features
Security Fence
Stories
2

Financial

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Map

Current real estate data for Commercial in Daytona as of Sep 10, 2026
4
Commercial Listed
112
Avg DOM
$3,586,472
Avg List Price

Community

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Property Summary

    1208 S Ridgewood Ave Daytona FL is a Commercial for sale in Daytona, FL, 32114. It is listed for $8,888,888
1208 S Ridgewood Ave
Daytona, FL