60-Unit Apartment
For Sale
$8,888,888
1208 S Ridgewood Ave, Daytona Beach, FL 32114
MULTI_FAMILY - Daytona Beach, FL
Property SizeContact for details
Lot Size1.72 Acres
Days on Market87
Property Features for 1208 S Ridgewood Ave
General Information
Property type
Residential Multi Family
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, Tile, Hardwood, Wood
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: Aug 1
Last Checked: Aug 7 at 5:06AM
MLS# A12011183
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Investment Insights
Based on property information with market context.
Apartment portfolio featuring 60 units across nine buildings on 1.72 acres, constructed with block, frame, and stucco. Flooring includes laminate, tile, hardwood, and wood, and the roof is shingle. Parking is provided with guest parking.
The unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units. Approximately 51 of the units have been renovated, rented, and the remaining units are scheduled for completion prior to closing. Renovated units feature modern kitchens with updated appliances and updated finishes, including luxury vinyl flooring.
The property is located along the high-visibility US-1 corridor at 1208 S Ridgewood Ave, Daytona Beach, FL 32114, in Volusia County. The offering is described as a multifolio oval assemblage, with zoning allowing potential hotel conversion and redevelopment optionality. The configuration is intended for long-term hold, refinance, repositioning, or redevelopment strategies.
The unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units. Approximately 51 of the units have been renovated, rented, and the remaining units are scheduled for completion prior to closing. Renovated units feature modern kitchens with updated appliances and updated finishes, including luxury vinyl flooring.
The property is located along the high-visibility US-1 corridor at 1208 S Ridgewood Ave, Daytona Beach, FL 32114, in Volusia County. The offering is described as a multifolio oval assemblage, with zoning allowing potential hotel conversion and redevelopment optionality. The configuration is intended for long-term hold, refinance, repositioning, or redevelopment strategies.
Key Highlights
- 60 units across nine buildings on 1.72 acres
- Unit mix: 40 one‑bedrooms, 13 studios, and 7 two‑bedrooms
- Approximately 51 units renovated and rented; remaining units scheduled for completion prior to closing
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment portfolio with 60 units across nine buildings, including one-bedroom, studio, and two-bedroom apartments.
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 nine buildings on 1.72 acres; Unit mix: 40 one‑bedrooms, 13 studios, and 7 two‑bedrooms; Approximately 51 units renovated and rented; remaining units scheduled for completion prior to closing
