209 S Ridgewood Avenue
Property Description
Historic Hotel in the heart of Daytona Beach. A local landmark for over 100 years. Convenient location within walking distance near groceries, restaurants, shopping, downtown Daytona Beach, Daytona Beach Library, Marinas, etc. Fully leased. 20 rooms stay rented with minimal vacancy. 26 residential units total (3 suites can be separated as two rooms). Parking: 14 spaces. Manager's suite is a 2BR, 2BA apartment. Easy business, guests consist of primarily weekly and monthly rentals, not day-to-day. Property consists of 2 parcels , 110 ft of frontage on US1/Ridgewood Ave. Rents vary from $480 to $1,100 / mo depending on unit. Partially renovated and inspected by the city. Could use additional TLC for increased income. .Property consists of 2 parcels representing 110 ft of frontage on US1. IMPORTANT - DO NOT DISTURB TENANTS.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,250,000 |
| No. of Units: | 26 |
| Year Built: | 1915 |
| Lot Size: | 10,600.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $48,077 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 8 |
ID: 3yd-DBAARFL-1227324
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