60-Unit Apartment
For Sale
$8,888,888
1208 S Ridgewood Ave, Daytona Beach, FL 32114
Commercial Sale, Daytona Beach, FL
Property SizeContact for details
Lot Size1.72 Acres
Days on Market133
Property Features for 1208 S Ridgewood Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
78
Parking features
Guest
Subdivision
5940 Florida Other
Standard status
Active
APN
40 15 33 03 03 0010
Lot size
1.72 Acres
Building Details
Floors in Building
2
Number of units
60
Flooring type
Laminate, Hardwood, Wood, Tile
Building materials
Block, Frame, Stucco
Roof type
Shingle
Listing Agency:
The Keyes Company
(305) 595-8166
Listed By:
Madelyn Andrade · License #3188906
(786) 624-7335
Added: May 13
Changed: Sep 12
Last Checked: Sep 22 at 7:06PM
MLS# A12011183
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This apartment portfolio comprises 60 units across 9 buildings on 1.72 acres at 1208 S Ridgewood Ave in Daytona Beach. The unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units. Approximately 51 units have been renovated and rented, with the remaining units scheduled for completion prior to closing. Improvements include updated kitchens, appliances, designer finishes, and luxury vinyl flooring, alongside tile, laminate, hardwood, and wood flooring elsewhere in the property. Construction materials include block, frame, and stucco, with shingle roofs and guest parking.
The property fronts US-1 in Volusia County and is near Embry-Riddle and Daytona State College. The assemblage is structured as a multi-folio property, and the zoning allows potential hotel conversion. Current operations provide rental income across a varied unit mix, with flexibility for continued multifamily use or a permitted conversion strategy.
The property fronts US-1 in Volusia County and is near Embry-Riddle and Daytona State College. The assemblage is structured as a multi-folio property, and the zoning allows potential hotel conversion. Current operations provide rental income across a varied unit mix, with flexibility for continued multifamily use or a permitted conversion strategy.
Key Highlights
- 60 units across 9 buildings on 1.72 acres
- Unit mix includes 40 one‑bedroom units, 13 studios, and 7 two‑bedroom units
- Approximately 51 units renovated and rented; remaining units scheduled for completion prior to closing
Property Analytics
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Current Use
Lease Details
60
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-building rental asset with renovated interiors and US-1 corridor frontage 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 units across 9 buildings on 1.72 acres; Unit mix includes 40 one‑bedroom units, 13 studios, and 7 two‑bedroom units; Approximately 51 units renovated and rented; remaining units scheduled for completion prior to closing
