Address
1208 S Ridgewood Ave, Daytona Beach, FL
Price
$ 8,888,888
Property Attributes
- MLS#A12011183
- TypeSingle Family
- Listing Status Active
- CountyVolusia
- CityDaytona Beach
- Area5940 Florida Other
- Zip32114
- Style
- Price$ 8,888,888
- Bedrooms60
- Full Bathrooms60
- Half Bathrooms0
- Sqr Footage41397
- Lot Size1.72 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
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.
| Price History | |
|---|---|
| 5/1/2026 | Listed $8,888,888 |
General Features
| Possession | Negotiable |
|---|---|
| Roof | Shingle |
| Security Features | Fenced |
| Construction Materials | Block,Frame,Stucco |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | MultiFamily |
| County | Volusia |
| Property Type | CommercialSale |
| Full Baths | 60 |
| Status | Active |
| City | Daytona Beach |
| Number Of Units Total | 60 |
| MLS Area | 5940 Florida Other |
| Lot Size Units | SquareFeet |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12011183 |
| Structure Type | MultiFamily |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | MultiFamily |
| PostalCity | Daytona |
| AttributionContact | 786-624-7335 |
Interior Features
| Flooring | Hardwood,Laminate,Tile,Wood |
|---|---|
| Total Bedrooms | 60 |
Exterior Features
| Parking Features | AccessibleParking,Common,FreeParking,Guest |
|---|---|
| Total Parking | 78 |
| Number of Buildings | 9 |
| Building Area Total | 41397 |
| Lot Size Acres | 1.72 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32114
Price
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Data Last Updated: September 18, 2026 1:27 PM UTC
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 18, 2026 1:33 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
