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920 S RIDGEWOOD AVENUE UNIT 1

Multi-family For Sale
$650,000

BTC: 7.48416811

ETH: 325.00000000

-$45K (2025/11/12)
51 days
12 bds
3,546 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Presenting a rare opportunity to acquire a stabilized, income-producing 4-plex in a prime Daytona Beach location. This property features two separate buildings and delivers a high net operating income (NOI) of $72,638 with an impressive 10.45 cap rate, making it an outstanding choice for investors seeking strong, reliable cash flow. The property is fully occupied from a solid tenant base, providing dependable rental income and long-term stability thorough Federal Housing. Its strategic location ensures strong occupancy potential in one of Florida’s most active coastal markets. Located just minutes from Daytona Beach International Airport, Daytona International Speedway, and the vibrant downtown area, this asset offers convenient access to transportation, shopping, dining, and the world-famous beaches, combining both generous cash flow and appreciation potential. Whether you’re expanding your portfolio or seeking an investment in a desirable Daytona Beach neighborhood, 920 S Ridgewood Ave represents a rare opportunity to acquire a premium multifamily property with immediate income and long-term upside.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1953
Lot:
0.64 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$183
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 12

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.64 Acres

    Other Property Information

    • Parcel Number: 533903680030

    • Zoning: 02T3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $4,629

  • Source details

    • MLS ID: O6356688

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: None

    • Living Area: 3546

    • Water Source: Public

    • Subdivision Name: HIGBEES DAYTONA

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OUTLET REALTY