Shelly Sharp
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209 S Ridgewood Avenue, Daytona Beach, FL 32114

$1,250,000

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Property Description

Historic Hotel in the heart of Daytona Beach. A local landmark for over 100 years. Convenient location within walking distance near groceries, restaurants, shopping, downtown Daytona Beach, Daytona Beach Library, Marinas, etc. Fully leased. 20 rooms stay rented with minimal vacancy. 26 residential units total (3 suites can be separated as two rooms). Parking: 14 spaces. Manager's suite is a 2BR, 2BA apartment. Easy business, guests consist of primarily weekly and monthly rentals, not day-to-day. Property consists of 2 parcels , 110 ft of frontage on US1/Ridgewood Ave. Rents vary from $480 to $1,100 / mo depending on unit. Partially renovated and inspected by the city. Could use additional TLC for increased income. .Property consists of 2 parcels representing 110 ft offrontage on US1. IMPORTANT - DO NOT DISTURB TENANTS.

209 S Ridgewood Avenue | MLS# 1227324

This multi-family property located at 209 S Ridgewood Avenue, Daytona Beach, FL 32114 is currently listed for sale with an asking price of $1,250,000. Search Daytona Beach real estate on ssharp.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Individual
Lot Size: 0.50 Acres
Taxes: $17,862
Year Built: 1915
Square Feet: 10,600

Feature Descriptions

Days on Site: 1
Directions: W. International Speedway Blvd to south on Ridgewood ave.
Listing Terms: Cash, Conventional
Lot: Other
Parcel #: 533901100053
Parking: Off Street
Property Attached Y/N: No
Property Sub-Type: Multi Family
Units: 26
Utilities: Electricity Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Vincenza Realty

Shown By

Agent Name: Shelly Sharp
Agent Phone: Cell: (904) 742-9934
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,213.27 per month $6,360.19 Principal & Interest $1,488.50 Property Tax $364.58 Homeowner's Insurance

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