Blue Realty

920 S RIDGEWOOD AVENUE 1

DAYTONA BEACH , FL 32114

MLS#: O6356688

$650,000

Status: Active
Listing number: O6356688
Listing provided by: OUTLET REALTY
Listing agent phone: None
Last update: 6 hours ago
On site: 13 days ago
Browse Properties
HIGBEES DAYTONA - Residential Income

Property

Beds

12

Full Baths

None

1/2 Baths

None

Year Built

1953

Sq.Footage

3,546

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.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    12

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.64

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $650,000

  • Tax Amount

    4629.0

  • Sq. Footage

    3, 546

  • Price/SqFt

    $183

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Volusia

Elementary School

Middle School

High School

Listing Courtesy of Nicolas Rodriguez , OUTLET REALTY

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent DanielleUrtnowski

FOUNDER

DanielleUrtnowski

Call Danielle today to schedule a private showing.

(941) 699-6390

ms.danielle.ski@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

920 S RIDGEWOOD AVENUE 1

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 3 days ago
DO NOT CONTACT TENANTS. DO NOT WALK PROPERTY. Information reliable, but not guaranteed; agents/buyers must do own due diligence to buyer's satisfaction. This awesome quadraplex is offered as one part of UP TO 21 TOTAL UNITS. This property boasts four 2Bedroom, 1Bathroom units, PLUS a Garage for Storage Fee Income! Realistic expectation for income on this unit is $80,000--$85,000+ and likely more if you explore vacation rentals. In process of being updated and refreshed, this is the AS IS PRICE; when finished the price will be adjusted accordingly. So, take advantage and buy some equity PLUS, this one will generate great income, especially if the entire complex is acquired! ALSO AVAILABLE: Five Duplexes, recently refreshed and a single family home, and a vacant lot in the middle of these properties that could have another six units built on site for a TOTAL OF 21 units on property. Financials are based on HUD Small Area allowances for zip code 32114; as such, if you build the additional units, you could expect gross income well in the 4$450,000 range. Minutes to everything, including one of the greatest beaches on earth as well as World Famous Daytona Speedway! Call today to take one or all to add to your investment portfolio --OR-- owner occupy one unit and rent the other or all of the others if you purchase others.
#A4671521

DAYTONA BEACH

207 FRANCIS PARKMAN PLACE

8 Beds

None Baths

3,109 Sq.Ft.

$691,111

MLS#: A4671521

Price reduced
An exceptional opportunity to acquire a stabilized, income-producing five-unit multifamily property located in the desirable Surfside Historic District of Daytona Beach. This property delivers a net operating income (NOI) of $64,114 and a 9.1 cap rate, offering investors a blend of strong returns and long-term appreciation potential. Four of the five units are currently occupied, providing immediate, dependable cash flow. The property benefits from a combined federal housing income, ensuring reliable, government-backed rent payments and reduced vacancy risk. Nestled in one of Daytona Beach’s most sought-after neighborhoods, this property combines historic character with modern income performance. Residents enjoy proximity to the Daytona Beach shoreline, downtown entertainment, and major employers, enhancing both tenant demand and property value.
#O6357025

DAYTONA BEACH

26-28 S HOLLYWOOD AVENUE

5 Beds

None Baths

2,996 Sq.Ft.

$650,000

MLS#: O6357025

Presenting an outstanding opportunity to acquire a stabilized, income-producing four-unit multifamily property ideally located in the heart of Surfside Historic District. Three of the four units are currently occupied, this asset delivers a net operating income (NOI) of $48,205 and an attractive 9 cap rate, offering investors strong in-place returns and reliable, consistent cash flow. The property is well maintained, has a brand new roof and features a stable tenant base, ensuring dependable rental performance with minimal management demands. Its desirable location supports year-round occupancy and long-term tenant retention. A majority of tenants are supported through federal housing. Centrally positioned just minutes from Daytona Beach International Airport, Daytona International Speedway, and the world-renowned Daytona Beach shoreline, the property benefits from excellent accessibility, strong market fundamentals, and continued economic growth in one of Florida’s most active coastal investment markets. Whether expanding an existing portfolio or seeking a secure entry point into the Daytona Beach multifamily sector, 212 S Oleander Ave represents an exceptional opportunity offering both immediate income stability and future appreciation potential.
#O6356647

DAYTONA BEACH

212 S OLEANDER AVENUE

4 Beds

None Baths

2,856 Sq.Ft.

$535,000

MLS#: O6356647

Step inside this beautifully updated estate home and be welcomed by timeless charm paired with modern upgrades. The main residence features stunning wood flooring, a cozy fireplace, a spacious kitchen with granite counters and shaker cabinetry, and a convenient downstairs bedroom. Expansive dining and living areas flow seamlessly to a large wrap-around porch perfect for morning coffee or evening gatherings with breathtaking Halifax Harbour Marina views. The charming guest cottage, complete with its own private rear entrance, full kitchen, bath, and laundry, offers excellent rental income potential or comfortable accommodations for extended family. With multi-family zoning, this property is both a luxurious residence and a smart investment opportunity. Outside, enjoy a newer roof, HVAC units, paver driveway and walkway, covered parking, and generous yard space with secure fencing for pets and children. A detached garage/workshop adds even more versatility. Ideally located across from the marina and minutes from shops, restaurants, public boat ramps, parks, Beach Street, Jackie Robinson Ballpark, The Halifax River Yacht Club, galleries, cultural attraction. This home delivers upgraded living, income potential, and an unbeatable location all within 1 mile from the beautiful Silver Beach approach.
#V4944330

DAYTONA BEACH

614 S BEACH STREET

6 Beds

None Baths

3,597 Sq.Ft.

$650,000

MLS#: V4944330

Price reduced
Exceptional investment opportunity block from the beach, multifamily boasting 4 total units plus garage and a laundry room! Charming and practical, there are many options for the savvy investor. The front building boasts two similar units: each with 2 bedrooms and 1.5 bath spending over 2 floors; The back building consists of a large studio in the back, and a specious efficiency in the front. The back building also has a 1 -car garage and a Laundry room with separate entrance.This property promises not only immediate rental income but also significant future appreciation potential. Close to major roads and public transportation. Whether you're expanding your investment portfolio or seeking a stable income stream, or even choose to live in one unit and rent out the rest, don’t miss a chance to take a look at this one.
#TB8370581

DAYTONA BEACH

1219 RUGER PLACE

4 Beds

None Baths

2,914 Sq.Ft.

$629,526

MLS#: TB8370581

Price reduced
LIVE IN MAIN HOUSE AND RENT THE GUEST HOUSE. Charming home in the Historic Seabreeze District. Fantastic home for blended family or rental. Main house is 2 stories. 4 Bedrooms and 3.5 bath. Every room is huge. Kitchen has Mexican tile and was updated a few years ago. Primary bedroom is downstairs. 3 bedrooms and 2 baths are upstairs. Most floors are hardwood except for family room. Pass thru the Porte-cochère to the attached Back house which has 2 bedrooms and 1 bath. Modern interior with tile floors. There is a separate washer & dryer hookup in garage for the back house.
#V4940750

DAYTONA BEACH

724 N OLEANDER AVENUE

6 Beds

None Baths

4,105 Sq.Ft.

$525,000

MLS#: V4940750

Price reduced
Commercial Mix Use Triplex in the heart of Daytona Beach. The triplex is fully leased and producing great income. The dwelling sits on one parcel and it comes with a newly combined parcel to the north side giving you endless possibilities to expand or improve upon this investment property. The first level is the commercial space, as you walk into the space you have the waiting room, with a receptionist area adjoining. The commercial space is 1,632 square feet, has 8 bay offices, three bathrooms, a laundry room, and a kitchen. In front of the building is a parking lot, and on the south side is a outdoor common space that is fenced in for the tenants along with the entrance door to the two apartments on the upper level of the building. Each apartment is very spacious at 800 square feet with a full kitchen, living, and dinning area. The apartments are both one bedroom and one bathroom. Many improvements have been made to the building. commercial area has new concrete polished floors, exterior newly painted, new gutters, new roof, two new HVAC, newly built fence and a recent survey has been done. This is an incredible opportunity with endless potentials in a sought after area.
#FC306116

DAYTONA BEACH

162 S PENINSULA DRIVE

10 Beds

None Baths

3,648 Sq.Ft.

$740,000

MLS#: FC306116

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here