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404 Ridgewood Avenue, Daytona Beach, FL 32114
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404 Ridgewood Avenue
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  • MLS#: 1213963 ( Residential Income )
  • Street Address: 404 Ridgewood Avenue
  • Viewed: 24
  • Price: $2,400,000
  • Price sqft: $150
  • Waterfront: No
  • Year Built: 1901
  • Bldg sqft: 16021
  • Bedrooms: 30
  • Total Baths: 12
  • Full Baths: 12
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Daytona Beach
  • Zipcode: 32114
  • Subdivision: Other
  • Middle School: Campbell
  • High School: Mainland
  • Provided by: Adams, Cameron & Co., Realtors
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    Portfolio Income Opportunity consisting of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are 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. The centerpiece of this portfolio is the 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 PadSplit runs through July 2025. The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and general electric upgrades. All 3 properties benefit from recent leases with PadSplit the largest co living marketplace in the US. PadSplit 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. These land parcels are zoned T 2 which allows for a wide variety of uses.
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Features
Possible Terms
  1. Cash
  2. Conventional
  3. Other
Appliances
  1. Washer/Dryer Stacked
  2. Refrigerator
  3. Microwave
  4. Electric Water Heater
  5. Electric Oven
  6. Convection Oven
Baths Full
  1. 12
Baths Total
  1. 12
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Fencing
  1. Fenced
Flooring
  1. Tile
  2. Wood
Furnished
  1. Furnished
Heating
  1. Central
  2. Electric
  3. Separate Meters
  4. Zoned
High School
  1. Mainland
Legal Description
  1. N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DAYTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7660 PG 2508 PER OR 8196 PG 2551 PER OR 8206 PG 1829 PER OR 8209 PG 4205 PER
Levels
  1. Three Or More
Lot Features
  1. Corner Lot
  2. Few Trees
  3. Historic Area
Middle School
  1. Campbell
Owner Pays
  1. Cable TV
  2. Common Area Maintenance
  3. Electricity
  4. Exterior Maintenance
  5. Gas
  6. Grounds Care
  7. Hot Water
  8. HVAC Maintenance
  9. Insurance
  10. Janitorial Service
  11. Management
  12. Pest Control
  13. Repairs
  14. Security
  15. Sewer
  16. Taxes
  17. Trash Collection
  18. Water
Parcel Number
  1. 5339-01-17-0062
Parking Features
  1. Guest
  2. Parking Lot
Property Type
  1. Residential Income
Road Frontage Type
  1. City Street
  2. State Road
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. None
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Water Connected
Views
  1. 24
Water Source
  1. Public
Year Built
  1. 1901
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