Address
801 S Ridgewood AVENUE, DAYTONA BEACH, FL
Price
$ 495,000
Property Attributes
  • MLS#P4929827
  • TypePending
  • CountyVOLUSIA
  • CityDAYTONA BEACH
  • AreaDaytona Beach
  • NeighborhoodHigbees Daytona Add
  • Zip32114
  • StyleSingle Family Residence
  • Year Built1945
  • Taxes$ 6718
  • Price$ 495,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2866
  • Lot Size0.15 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Nestled in the heart of vibrant Daytona Beach, this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows for short-term rentals! Either long term or short term rentals, his property offers versatility and the potential for lucrative returns. With a total of 8 bedrooms and 4 bathrooms spread across its 4 units, there's ample space to accommodate tenants and guests comfortably. Recent renovations include the replacement of all windows, while select units feature stunning hardwood floors, enhancing both aesthetics, insurance rates and durability. Generating strong rental income and boasting impressive cash flow, these units are in high demand, capitalizing on their proximity to the beach and downtown. This house has natural gas hookups and ample parking. Pro formas available upon request. Each unit commands a rental income of $1,200 per month, with significant upside potential for further growth. Offering the opportunity to live in one unit while allowing the others to cover expenses, this property presents an enticing proposition for owner-occupiers and investors alike. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with 2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market – seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.

Price History
3/29/2024 Listed $495,000

General Features

Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Baseboard,Wall Units / Window Unit
Cooling Mini-Split Unit(s),Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Gas Water Heater,Range,Refrigerator
Exterior Features Courtyard
Zoning 02T3
Construction Materials Block,Stucco,Wood Frame
Year Built 1945
Levels Two
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name HIGBEES DAYTONA ADD
Facing Direction Southwest
Garage Y/N No
Total Rooms 4
Status Pending
Directions Form USHWY 1 and International Speedway BLvd head S on USHWY 1,turn left onto Bellevue ave home directly on corner on right.
City DAYTONA BEACH
Buyer Agent Compensation 2.0%
Senior Community Y/N No
MLS Area 32114 - Daytona Beach
Lot Size Square Feet 6557
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Ridgewood
Listing Terms Cash,Conventional,FHA,VA Loan
Tax Annual Amount 6718.94
Public Remarks Under contract-accepting backup offers. Nestled in the heart of vibrant Daytona Beach,this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows f
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4929827
Days on Market 31
Standard Status Pending
Tax Lot 1
Legal Description N 83 FT OF LOT 1 EXC E 239 FT BLK 64 DAYTONA PER OR 4985 PG 3234 PER OR 6782 PG 4402 PER OR 7359 PG 2919 PER OR 7876 PG 4772 PER OR 7893 PG 4285 PER OR 8175 PG 1573
Minimum Lease 1-7 Days
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Luxury Vinyl,Tile,Hardwood
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 4
Street Suffix AVENUE
Laundry Features None
Total Bedrooms 8
LivingAreaSource Owner
Total Baths 4
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 6557
Foundation Details Slab
Building Area Total 3200
Lot Dimensions 83 x 79
Lot Size Acres 0.15
Road Surface Type Paved
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 32114

Price
AVG $230K
$500K
Taxes
AVG $2,428
$6,718
Visits
AVG 256
239
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1945

Areas We Cover