801 S Ridgewood Avenue, Daytona Beach, FL 32114

$462,500
8
BD
4
BA
2,866
SqFt

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Sold Price
$462,500
List Price
$495,000
Status
Sold
Days on Market
31
Closing Date
Aug 07, 2024
MLS#
P4929827
Property Style
Single Family
Year Built
1945
Bedrooms
8
Bathrooms
4
Living Area
2,866
Lot Size
6,557
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Higbees Daytona Add
MLS Area Major
Daytona Beach

Property Description

Nestled in the heart of vibrant Daytona Beach, this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows for short-term rentals! Either long term or short term rentals, his property offers versatility and the potential for lucrative returns. With a total of 8 bedrooms and 4 bathrooms spread across its 4 units, there's ample space to accommodate tenants and guests comfortably. Recent renovations include the replacement of all windows, while select units feature stunning hardwood floors, enhancing both aesthetics, insurance rates and durability. Generating strong rental income and boasting impressive cash flow, these units are in high demand, capitalizing on their proximity to the beach and downtown. This house has natural gas hookups and ample parking. Pro formas available upon request. Each unit commands a rental income of $1,200 per month, with significant upside potential for further growth. Offering the opportunity to live in one unit while allowing the others to cover expenses, this property presents an enticing proposition for owner-occupiers and investors alike. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with 2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market – seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.

Additional Information

Taxes
$6718
Minimum Lease
1-7 Days
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
02T3
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Luxury Vinyl, Tile, Wood
Appliances
Gas Water Heater, Range, Refrigerator
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heating
Baseboard, Wall Units / Window Unit
Air Conditioning
Mini-Split Unit(s), Wall/Window Unit(s)
Exterior Construction
Block, Stucco, Wood Frame
Exterior Features
Courtyard
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
5339-03-64-0012
Legal Description
N 83 FT OF LOT 1 EXC E 239 FT BLK 64 DAYTONA PER OR 4985 PG 3234 PER OR 6782 PG 4402 PER OR 7359 PG 2919 PER OR 7876 PG 4772 PER OR 7893 PG 4285 PER OR 8175 PG 1573

Listing courtesy of REAL BROKER, LLC. 407.279.0038

Selling Office: ABRAHAM LEGACY REALTY INC.

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