FL > Daytona Beach > Higbees Daytona
Daytona Beach, FL 32114,920 S RIDGEWOOD AVE #1
Daytona Beach, FL 32114,920 S RIDGEWOOD AVE #1
Daytona Beach, FL 32114,920 S RIDGEWOOD AVE #1
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Team Comerford

Team Comerford

+1(941) 586-3229
Listed by
Bought with
$695,000
Est. payment /mo
12 Beds
5 Baths
3,546 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,546 sqft

Price per Sqft $195

Subdivision Higbees Daytona

MLS Listing ID O6356688

Bedrooms 12

HOA Y/N No

Year Built 1953

Annual Tax Amount $4,629

Lot Size 0.640 Acres

Acres 0.64

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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

State FL

County Volusia

Community Higbees Daytona

Area 32114 - Daytona Beach

Zoning 02T3

Interior

Interior Features Other

Heating Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Other

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.

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920 S RIDGEWOOD AVE #1

Team Comerford
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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