$8,888,888
1208 S Ridgewood Avenue
Daytona Beach, FL 32114
Explore the area: Volusia County real estate
Price Check
How this price compares
- List price
- $8,888,888
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 40
This commercial property is listed at $8,888,888. It has been on the market for 40 days.
Estimated monthly payment
$46,715 /mo
Principal and interest only, based on $1,777,778 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $8,888,888
- Days on Site
- 40 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 41,397 sqft
- Lot Size
- 1.72 Acres
- Property Type
- Commercial
- MLS #
- A12011183
- County
- Volusia
- Status
- Active
About This Property
RARE OPPORTUNITY! 60-UNIT VALUE-ADD MULTIFAMILY PORTFOLIO IN PRIME DAYTONA BEACH LOCATION WITH US-1 FRONTAGE! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units scheduled for COMPLETION PRIOR TO CLOSING. Renovated units feature modern kitchens, updated appliances, designer finishes, and luxury vinyl flooring. Unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units, well-positioned for strong workforce and student housing demand near Embry-Riddle and Daytona State College. Structured as a MULTI FOLIO OVAL ASSAMBLAGE with zoning allowing potential hotel conversion, offering long-term flexibility and redevelopment optionality. Located along the high-visibility US-1 corridor and minutes from Daytona Beach, this asset supports multiple EXIT strategies including long-term hold, refinance, repositioning, or redevelopment. Ideal for multifamily operators, private investors, and 1031 exchange buyers seeking scale, yield, and value creation in a high-demand rental market.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Property Condition
- Resale
- Parking
- Common / Free Parking / Guest
- Lot Size (Acres)
- 1.72
- Total Sq Ft
- 41,397
Interior Features
- Flooring
- Laminate / Tile / Wood
Exterior Features
- Construction
- Block / Frame / Stucco
- Roof
- Shingle
- Lot Features
- One To Two Acres
Community & HOA
- Security
- Security Fence
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
About the Area
- Homes for Sale
- 21
- Under Contract
- 0
- Median List Price
- $249,900
- Median $/Sq Ft
- $306
- Avg Days on Market
- 105
Frequently Asked Questions
- How do I schedule a tour of 1208 S Ridgewood Avenue, Daytona Beach, FL 32114?
- Use the Tour button on this listing to request a showing of 1208 S Ridgewood Avenue, Daytona Beach, FL 32114. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1208 S Ridgewood Avenue, Daytona Beach, FL 32114 still available?
- 1208 S Ridgewood Avenue, Daytona Beach, FL 32114 is currently listed as Active, and has been on the market 40 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1208 S Ridgewood Avenue, Daytona Beach, FL 32114?
- With 20% down ($1,777,778) on the $8,888,888 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1208 S Ridgewood Avenue, Daytona Beach, FL 32114 is about $46,715/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1208 S Ridgewood Avenue, Daytona Beach, FL 32114?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1208 S Ridgewood Avenue, Daytona Beach, FL 32114. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1208 S Ridgewood Avenue, Daytona Beach, FL 32114?
- Often, yes. The right offer on 1208 S Ridgewood Avenue, Daytona Beach, FL 32114 depends on how it's priced against comparable commercial sales in Daytona Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$8,888,888
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Listed by Madelyn Andrade, The Keyes Company
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