Property Attributes
- MLS#O6175921
- TypeIncome
- CountyVOLUSIA
- CityDAYTONA BEACH
- AreaDaytona Beach
- NeighborhoodDaytona
- Zip32114
- StyleMulti Family
- Year Built1901
- Taxes$ 7513
- Price$ 2,280,000
- Bedrooms28
- Full Bathrooms10
- Half Bathrooms0
- Sqr Footage16700
- Lot Size1.5 Acres
Data Source:
Stellar MLS
Property Description
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
Price History | |
---|---|
2/2/2024 | Listed $2,690,000 |
3/13/2024 | 4% - $2,590,000 |
3/27/2024 | 4% - $2,490,000 |
4/9/2024 | 5% - $2,390,000 |
4/29/2024 | 5% - $2,280,000 |
5/14/2024 | 13% - $1,999,000 |
General Features
Interior Features | High Ceilings,Vaulted Ceiling(s) |
---|---|
Sewer | Public Sewer |
Heating | Electric |
Cooling | Central Air |
Utilities | BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected |
Roof | Shingle |
Exterior Features | Storage |
Zoning | T-2 |
Construction Materials | Wood Siding |
Year Built | 1901 |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Volusia |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | DAYTONA |
Garage Y/N | No |
Status | Active |
Directions | Heading south on Ridgewood Ave,Pass Live Oak Ave. and the Victorian is the first building on the right. |
City | DAYTONA BEACH |
Buyer Agent Compensation | 2% |
Senior Community Y/N | No |
NumberOfUnitsTotal | 17 |
MLS Area | 32114 - Daytona Beach |
Lot Size Units | Acres |
Lot Size Square Feet | 65558 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Ridgewood |
Tax Annual Amount | 7513 |
Public Remarks | 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 renovate |
Lease Considered Y/N | Yes |
Virtual Tour | https://media.showingtimeplus.com/sites/404-s-ridgewood-ave-daytona-beach-fl-32114-7476224/branded |
Days on Market | 110 |
Living Area Units | Square Feet |
Standard Status | Active |
Tax Lot | 0062 |
Legal Description | N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DA YTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6 634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Furnished Y/N | Negotiable |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | Yes |
Street Suffix | AVENUE |
Laundry Features | Laundry Room |
Total Bedrooms | 28 |
LivingAreaSource | Public Records |
Total Baths | 10 |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 1.505 |
Foundation Details | Slab |
Number of Buildings | 3 |
Lot Size Acres | 1.5 |
Road Surface Type | Asphalt |
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