Properties

Property Description

Over $700K Price reduction! Priced to sell.

Seller is looking for cash at closing.

Offers with seller financing may be considered, depending on terms.

*Opportunity to create at least 9 additional bedrooms in the Victorian and increase cash flow by an additional $100K annually.

Most existing bedrooms are larger than 250 SF.

Go from 30 existing bedrooms to 39 or more!

The Historic Daytona Portfolio offers 3 buildings on 5
contiguous parcels on 1.5 acres in Daytona Beach, FL with 164
feet of frontage on US-1.
The crown jewel of the portfolio is the fully renovated
Victorian masterpiece featuring 8,0000 s/f of living space
with 10 bedrooms, 5 bathrooms and 2 additional basement
apartment units. The Victorian recently is being utilized as a
short term rental.
Adjacent to the Victorian is the fully renovated Co-Living
House, featuring 13 bedrooms and 4 bathrooms. The house is
currently 100% occupied, utilizing PadSplit which is an online
platform that allows rooms to be rented by the week.
Situated west of the Victorian sits a fully renovated single
family home at 315 Live Oak St. and features 3 bedrooms and
1 bathroom, also rented by the room via PadSplit.
The property features a combined 28 bedrooms, 12
bathrooms and a total of 16,700 square feet.
• 3 additional contiguous lots are included in the offering:
West End Parcel: Parcel ID 533901170060
.24 acres
Middle parcel: Parcel ID: 533901170061
.126 acres
East End Parcel: Parcel ID: 533901170064
.143 acres
The 3 lots equal roughly half an acre.
An investor could reconfigure the existing parking area and
develop 2 or 3 of these additional lots.
• All 5 parcels are zoned T-2 which allows for a wide variety of
uses including: single family, multifamily, short term rental,
assisted living, skilled nursing, office, retail, restaurant, and
more.
Current ownership is utilizing the portfolio for residential
rentals, however, a variety of other uses are allowed including
ALF, Skilled Nursing, Office, Single Family, Multifamily, Retail
and more.
• Addresses for the Portfolio Include:
(The Victorian) 404 S. Ridgewood Ave. Daytona Beach, FL
32114
(The Co-Living House) 408 S. Ridgewood Ave. Daytona
Beach, FL 32114
(The SFR) 315 Live Oak Ave. Daytona Beach, FL 32114
*The Victorian and the Co-Living House are on the same
parcel.
*The SFR is on a separate Parcel

All 5 parcels are zoned T-2 which allows for a wide variety of
uses including: single family, multifamily, short term rental,
assisted living, skilled nursing, office, retail, restaurant, and
more.
Current ownership is utilizing the portfolio for residential
rentals, however, a variety of other uses are allowed including
ALF, Skilled Nursing, Office, Single Family, Multifamily, Retail
and more.
• Addresses for the Portfolio Include:
(The Victorian) 404 S. Ridgewood Ave. Daytona Beach, FL
32114
(The Co-Living House) 408 S. Ridgewood Ave. Daytona
Beach, FL 32114
(The SFR) 315 Live Oak Ave. Daytona Beach, FL 32114
*The Victorian and the Co-Living House are on the same
parcel.
*The SFR is on a separate Parcel

Features
: Electric
: Central Air
: Storage
: High Ceilings, Vaulted Ceiling(s)
: Public Sewer
: Laundry Room
: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, BB/HS Internet Available
Address Map
US
FL
Volusia
Daytona Beach
32114
RIDGEWOOD
404
AVENUE
W82° 58' 48.3''
N29° 12' 16.3''
32114 - Daytona Beach
S
T-2
Heading south on Ridgewood Ave, Pass Live Oak Ave. and the Victorian is the first building on the right.
Additional Information
: Public
https://media.showingtimeplus.com/sites/404-s-ridgewood-ave-daytona-beach-fl-32114-7476224/branded
1900000
2024-02-02
17
: Slab
: Wood Siding
Financial
7513
Listing Information
261231214
261019345
Canceled
2024-06-26T14:45:08Z
Stellar
: None
2024-06-26T14:44:28Z
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404 AVENUE Daytona Beach

404 S Ridgewood Avenue, Daytona Beach, Florida 32114

28 Bedrooms
10 Bathrooms
16,700
$1,899,000
Listing ID #O6175921
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : O6175921
Price : $1,899,000
Bedrooms : 28
Bathrooms : 10
Square Footage : 16,700
Year Built : 1901
Lot Area : 1.50 Acre
Status : Canceled
Office Name : PLAID PROPERTIES, LLC
Agent Name : Andrew Birr
Property Sub Type : Multi-Family
Roof : Shingle
Listing Status : Canceled
Contact Agent
Property
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Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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