1208 S Ridgewood Ave, Daytona Beach, FL 32114

Listing agent The Keyes Company Show Phone

Listing office m***@gmail.com Show Phone

Listing date Mar 31, 2026

Source Xome

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Overview

The property is a 60-unit multifamily portfolio comprised of 9 buildings. The asset spans 1.72 acres and includes a unit mix of 40 one-bedroom units, 13 studios, and 7 two-bedroom units. Capital improvements totaling over $500,000 have been completed, with approximately 51 units renovated and rented, and the remaining units scheduled for completion prior to closing. Renovated units include modern kitchens, updated appliances, updated finishes, and luxury vinyl flooring.

The portfolio is located at 1208 S Ridgewood Ave in Daytona Beach, Florida, along the US-1 corridor. The surrounding area includes nearby higher-education demand drivers mentioned in the offering, including Embry-Riddle and Daytona State College.

This configuration is well suited to multifamily operators and investors seeking a scaled holding with in-place rental operations across multiple buildings. The existing renovation progress and the planned completion of remaining units prior to closing support an operational transition for tenants and leasing momentum. The property is presented as a multifamily portfolio for sale, with the flexibility described in the remarks for long-term hold, refinancing, repositioning, or redevelopment planning.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Daytona Beach

County

Volusia

State

Florida

Longitude

-81.012149

Latitude

29.190285

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FAQs

What type of property is this?

Apartment building - 60-unit, 9-building income property with major renovations underway and US-1 visibility in Daytona Beach.

Where is this apartment building located?

The property is located at 1208 S Ridgewood Ave Daytona Beach, FL.

What is the asking price?

The asking price for this property is $8,888,888.

What are key features of this property?

This property features: 60‑unit multifamily portfolio across 9 buildings on 1.72 acres in Daytona Beach; US‑1 frontage with high‑visibility corridor location; 78 parking spaces with guest parking and a shared driveway