920 S Ridgewood Avenue #1, Daytona Beach, FL 32114
Local realty services provided by:ERA Grizzard Real Estate
920 S Ridgewood Avenue #1,Daytona Beach, FL 32114
$695,000
- 12 Beds
- 5 Baths
- 3,546 sq. ft.
- Multi-family
- Active
Listed by:nicolas rodriguez
Office:outlet realty
MLS#:O6356688
Source:MFRMLS
Price summary
- Price:$695,000
- Price per sq. ft.:$196
About this home
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.
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Home facts
- Year built:1953
- Listing ID #:O6356688
- Added:1 day(s) ago
- Updated:October 31, 2025 at 12:59 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:5
- Living area:3,546 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1953
- Building area:3,546 sq. ft.
- Lot area:0.64 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$695,000
- Price per sq. ft.:$196
- Tax amount:$4,629 (2024)
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