DEAL ALERT -- List Price: $1,650,000 ? All Furnishings Included (~$100K Value)The Seller Has Done the Negotiation For You. This Is the Number. There Is No Counter.PROPERTY OVERVIEW:This is one of the rarest, immediately cash-flowing real estate portfolio opportunities to hit the Daytona Beach market -- a fully renovated, income-producing trifecta of historic, co-living, and single-family residential assets sitting on 1.5 acres with 164 feet of US-1 frontage in the heart of Downtown Daytona Beach. At $1.5 million all-cash, the buyer is acquiring 16,700 sq-ft of renovated, stabilized income property at under $90 per square foot -- a number that simply does not exist anywhere else in this market for assets of this quality. The portfolio consists of three fully renovated buildings on five contiguous T-2 zoned parcels, generating current income today while offering multiple value-add and development pathways tomorrow. Three additional buildable lots are included in the sale at no additional cost. Close in 45 days, and walk away with a furnished, operational real estate business that is already producing. Please see the Full Description Attached.
Listed By
Agency Name: Adams, Cameron & Co., Realtors
Shown By
Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 9,444.69 per month $8,317.27 Principal & Interest $646.17 Property Tax $481.25 Homeowner's InsuranceSend an email with a link to
404 S Ridgewood Avenue, Daytona Beach, FL 32114.
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404 S Ridgewood Avenue, Daytona Beach, FL 32114.
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404 S Ridgewood Avenue | MLS# 1213963
This multi-family property located at 404 S Ridgewood Avenue, Daytona Beach, FL 32114 is currently listed for sale with an asking price of $1,650,000. Search Daytona Beach real estate on timhack.watsonrealtycorp.com today.