Need Help Buying or Selling A Home?

Pinnacle Real Estate Group – FL

1208 S Ridgewood Avenue, Daytona Beach, FL 32114 (MLS# A12011183)

1208 S Ridgewood Avenue, Daytona Beach, FL 32114

$8,888,888
Property Type: Commercial Sale Square Footage: 41,397 Status: Active
Current Price: $8,888,888 List Date: 5/01/2026 Last Modified: 6/11/2026

Overview

Description

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. Loc ...

Listing Details MLS# A12011183

General Property Information

Number Of Buildings
9
Property Sub Type
Multi Family
Occupant Type
Tenant
Building Area Main
41397
Parking Total
78
Lot Size Area
74923.2
Lot Size Acres
1.72

Property Features

Flooring: Laminate; Tile; Wood Parking Features: Common; Free; Guest Possession: Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Land; Leases Construction Materials: Block; CBS; Frame; Stucco Listing Terms: Cash; Conventional Roof: Shingle Security Features: Security Fence Showing Requirements: Showing Service Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
8888888

Location and Legal

Country
United States
County Or Parish
Volusia
County Parish Name
Volusia
Street Number
1208
Street Direction Prefix
S
Street Name
Ridgewood
Street Suffix
Avenue
City Name
Daytona Beach
State Or Province
FL
Postal Code
32114
Area
5940 - Other Florida County
Parcel Number
40153303030010
Multiple Offers Accepted
Yes

Status Change Information

Major Change Timestamp
2026-05-01T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-05-01

Building and Property Details

# Of Toilets
60

More Information

Originating Details

Originating System Key
460886727
Originating System ID
M00000151
IDX
Listing Office: The Keyes Company
Last Updated: June - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

No obligation, confidential call.
Interested In Our Properties? Call Us With Any Questions
Scroll to top