Historic Victorian Multifamily | Daytona Beach

404 S Ridgewood Ave, Daytona Beach, FL 32114

  • For Sale Contact for pricing
  • Property Type Multi-Family
  • Property Size 15,000 SF
  • Units 26
  • Lot Size 1.48 Acre
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1896
  • Year Renovated 2023
  • Date Updated Oct 17, 2024

Bracket Real Estate Inc. pleased to present for sale the Historic Victorian Multifamily opportunity in Daytona Beach, FL. Presenting a unique investment opportunity in the heart of Daytona Beach, this portfolio comprises a beautifully restored Victorian home, a fully renovated co-living house, and a .27-acre lot. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach, the intercoastal, and major attractions such as Daytona Int. Speedway and Bethune-Cookman University.

The centerpiece is the stunning Victorian home, listed on the U.S. National Register of Historic Places. his historic gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. Current lease with PadSplit runs through July 2025.

The property was fully renovated in 2023. Adjacent to the Victorian is the fully renovated co-living house, which offers 13 bedrooms and 4 bathrooms. Currently 100% occupied, this property leverages the innovative PadSplit platform to facilitate weekly rentals, maximizing occupancy and cash flow. Together, these properties provide a robust rental income stream, while the zoning flexibility allows for a variety of alternative uses, including assisted living, skilled nursing, or retail opportunities. 

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Highlights

  • Portfolio offering consisting of a historic Victorian home with two basement apartments and a Co-Living House next door along with an adjacent parcel.
  • The Victorian is listed on the U.S. National Register of Historic Places. Features 8,000 SF of living space with 11 bed/5 bath and 2 additional basement apartments.
  • The Co-Living House features 13 bedrooms and 4 bathrooms. The home is rented utilizing PadSplit which is an online platform that allows rooms to be rented by the week.
  • Currently the properties are being utilized as residential rentals; Both parcels are zoned T-2 which allows for a wide variety of uses.
  • Comprehensive renovations have been made to the properties since 2023. Interior designers specializing in hotels were brought in to elevate the home.
  • Perfectly positioned in the heart of downtown Daytona. The assets sit just minutes from the beach, Daytona Int. Airport, Dayton Int. Speedway, Bethune-Cookman Univ. and much more.

Contacts

broker
Jennifer Stein

Lee & Associates

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable

  • Transit Score ®

    41/100 Some Transit

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Daytona Beach, FL
  • Neighborhood Daytona Beach
  • Zip Code 32114
  • Market North Central Florida

Points of Interest

  • Wawa

    0.39 miles

  • Citgo

    0.60 miles

  • Sunoco

    0.84 miles

  • 7-Eleven

    1.25 miles

  • Kangaroo Express

    1.48 miles

  • Mobil

    1.66 miles

  • Daytona Beach Supercharger

    3.84 miles

  • Tesla Supercharger

    5.13 miles

  • ChargePoint

    6.01 miles

  • Blink

    6.09 miles

  • Wall Street Lot South

    0.31 miles

  • Palmetto Avenue Lot South

    0.41 miles

  • Wall Street Lot North

    0.42 miles

  • International Lot

    0.47 miles

  • Stadium Lot

    0.49 miles

  • City Island Lot

    0.52 miles

  • Palmetto Lot North

    0.55 miles

  • Bay Street Lot

    0.60 miles

  • 3rd Avenue Lot

    0.68 miles

  • Ocean Center South Lot

    1.63 miles

  • Raintree Motel & Apartments

    0.20 miles

  • Days Inn

    0.24 miles

  • Budget Inn Daytona

    0.36 miles

  • Zappi's Vacation Village

    0.48 miles

  • Host Inn

    0.60 miles

  • Royal Inn

    0.62 miles

  • Travel Inn

    0.70 miles

  • Crosspoint Inn

    0.89 miles

  • Pendleton Club Association

    0.91 miles

  • Heritage Inn

    0.95 miles

  • Zen Bistro

    0.31 miles

  • Stavro's Pizza House

    0.31 miles

  • Ichi Ni San

    0.33 miles

  • Jimmy John's

    0.34 miles

  • Little Italy's Ristorante

    0.34 miles

  • Don Vito's Italian Restaurant

    0.48 miles

  • Don Vito's

    0.48 miles

  • Zappi's Italian Garden

    0.48 miles

  • Popeyes

    0.49 miles

  • Senorita Mexican Kitchen & Tequila Bar

    0.50 miles

  • Mainland High School

    0.66 miles

  • Bethune-Cookman University

    0.69 miles

  • Turie T Small Elementary School

    0.71 miles

  • Campbell Middle School

    0.87 miles

  • Bonner Elementary School

    1.33 miles

  • Daytona State College

    1.85 miles

  • Warner Christian Academy

    1.93 miles

  • Highland Elementary School

    1.96 miles

  • Embry-Riddle Aeronautical University

    2.12 miles

  • Riverview Learning Center

    2.35 miles

  • KinderCare

    2.44 miles

  • Kid City USA

    3.38 miles

  • Sandcastle Learning Center

    4.15 miles

  • KIDSKO Central Campus

    5.91 miles

  • Ormond Beach KinderCare

    6.54 miles

Frequently Asked Questions

How much does Historic Victorian Multifamily | Daytona Beach cost?

The sale price for Historic Victorian Multifamily | Daytona Beach is available upon request. Contact the listing broker for more information.

What is the total square footage of Historic Victorian Multifamily | Daytona Beach?

Historic Victorian Multifamily | Daytona Beach totals 15,000 square feet.

When was this property built?

Historic Victorian Multifamily | Daytona Beach was built in 1896.

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Contact Listing Broker
broker
Jennifer Stein

Lee & Associates