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Susan Barkley

susan@susan-barkley.com +1(321) 279-1479

$ 1,599,000

Est. payment -/mo

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Price Dropped by $51K

404 Ridgewood AVE S Daytona Beach, FL 32114

11 Beds

5 Baths

8,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $199

MLS Listing ID 1213963

Bedrooms 11

Full Baths 5

Year Built 1901

Annual Tax Amount $7,754

Lot Size 2.000 Acres

Lot Dimensions 2.0

Property Sub-Type Multi Family

Source Daytona Beach Area Association of REALTORS®

Property Description

This beautiful Pad Split Portfolio is performing at a superior level just to be clear. Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $200.00 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete 8,000 SF fully renovated Historic Victorian home, The home is strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach, the Intercoastal Waterway, and major attractions. This prime location, combined with the recent property enhancements and diverse zoning options, makes this Offering particularly appealing to investors and developers alike. This is a stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this Historic Gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with Pad Split runs through July 2027. recent leases with Pad Split - the largest co-living marketplace in the US. Pad Split provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St.

Location

State FL

County Volusia

Community Other

Direction Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.

Interior

Heating Central, Electric, Separate Meters, Zoned

Cooling Central Air

Exterior

Parking Features Guest, Parking Lot

Utilities Available Cable Available, Electricity Connected, Water Connected

Roof Type Shingle

Accessibility Accessible Common Area, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Stairway

Garage No

Building

Lot Description Corner Lot, Few Trees, Historic Area

Water Public

Structure Type Brick,Frame,Vinyl Siding,Wood Siding

New Construction No

Schools

Middle Schools Campbell

High Schools Mainland

Others

Senior Community No

Tax ID 5339-01-17-0062

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://johnadams.org/camerons-stage-view.html?id=672

Listed by Adams, Cameron & Co., Realtors

Susan Barkley

Agent

+1(321) 279-1479

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Susan Barkley

404 Ridgewood AVE S Daytona Beach, FL 32114

Key Details

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404 Ridgewood AVE S