Daytona Beach, FL 32114,801 S RIDGEWOOD AVE
Daytona Beach, FL 32114,801 S RIDGEWOOD AVE
Daytona Beach, FL 32114,801 S RIDGEWOOD AVE
Daytona Beach, FL 32114,801 S RIDGEWOOD AVE
Daytona Beach, FL 32114,801 S RIDGEWOOD AVE
Daytona Beach, FL 32114,801 S RIDGEWOOD AVE
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$462,500

$495,000

6.6%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

2,866 SqFt


SOLD DATE : 08/07/2024

Key Details

Sold Price $462,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,866 sqft

Price per Sqft $161

Subdivision Higbees Daytona Add

MLS Listing ID P4929827

Sold Date 08/07/24

Bedrooms 8

Full Baths 4

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1945

Annual Tax Amount $6,718

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 83x79

Property Description

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.

Location

State FL

County Volusia

Community Higbees Daytona Add

Zoning 02T3

Interior

Interior Features Ceiling Fans(s)

Heating Baseboard, Wall Units / Window Unit

Cooling Mini-Split Unit(s), Wall/Window Unit(s)

Flooring Luxury Vinyl, Tile, Wood

Fireplace false

Appliance Gas Water Heater, Range, Refrigerator

Laundry None

Exterior

Exterior Feature Courtyard

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco,Wood Frame

New Construction false

Construction Status Appraisal,Financing,Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by REAL BROKER, LLC
Bought with ABRAHAM LEGACY REALTY INC
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