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    1101 S Ridgewood Ave Daytona Beach, FL 32114

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    For Sale
    $391,111

    Refreshed duplex near beaches and Daytona Speedway. Investment or owner-occupy.

    Lot size:
    0.05 Acres

    Property Features for 1101 S Ridgewood Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1913

    Source: HERE REALTY Agent Floyd Calhoun

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Daytona Beach Duplex Investment Opportunity

    This refreshed duplex is available for sale, presenting an opportunity for investors. The property is one of four duplexes, and the seller is open to selling all four together. The property is located minutes from beaches and the Daytona Speedway. Additional investment opportunities are available, including another duplex, a single-family home, a quadraplex, and a vacant lot that could accommodate six additional units, potentially bringing the total to 21 units on the property. Financial projections are based on HUD Small Area allowances for zip code 32114, suggesting a potential gross income exceeding $450,000 with the additional units. The property could be used as an investment or for owner occupancy, with the option to rent out the other unit.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.012814
    Latitude
    29.192605

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    FAQs

    What type of property is this?
    Duplex - Refreshed duplex near beaches and Daytona Speedway. Investment or owner-occupy.
    Where is this duplex located?
    The property is located at 1101 S Ridgewood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $391,111.
    What are key features of this property?
    This property features: - Investment opportunity: One of four refreshed duplexes, with the potential to purchase all four.; - High income potential: Projected gross income of $450,000+ with the addition of six new units.; - Development potential: Vacant lot available to build six additional units.
    (941) 567-5678
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    1101 S Ridgewood Ave Daytona Beach, FL 32114
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    Daytona Beach, FL 32114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 S Ridgewood Ave Daytona Beach, FL 32114
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