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Renovated Fourplex Units
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Pending

551 N Ridgewood Avenue, Daytona Beach, FL 32114

Completely renovated fourplex with fully occupied 2-bedroom, 1-bath units featuring updated kitchens and baths.

Property SizeContact for details
Days on Market147

Property Features for 551 N Ridgewood Avenue

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Performance I
Listed By: Patricia Taylor · License #3282704
Source: Crexi
Added: Apr 12 Changed: Sep 3 Last Checked: Sep 5 at 12:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Performance I

Investment Insights

Based on property information with market context.

This completely renovated multi-unit fourplex is configured as four separate units, each offering 2 bedrooms and 1 bathroom. Updates include granite countertops, stainless steel appliances, new tile flooring, and brand-new kitchens and bathrooms. The property also has new plumbing, electrical, and AC units, and all units are fully occupied.

The property is located in Daytona Beach, minutes from the beaches, International Speedway, Volusia Mall, and nearby shopping and dining, with access close to I-4 and I-95.

The current unit mix is consistent across the building, with each unit uniquely renovated to the same 2-bedroom, 1-bath layout and finished with updated interior improvements throughout.

Key Highlights

  • Completely renovated fourplex with fully occupied units
  • Four units total, each offering 2 bedrooms and 1 bathroom
  • Each unit features granite countertops and stainless steel appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Catering Service Garden Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Completely renovated fourplex with fully occupied 2-bedroom, 1-bath units featuring updated kitchens and baths.
Where is this quadplex located?
The property is located at 551 N Ridgewood Avenue Daytona Beach, FL.
What are key features of this property?
This property features: Completely renovated fourplex with fully occupied units; Four units total, each offering 2 bedrooms and 1 bathroom; Each unit features granite countertops and stainless steel appliances
(386) 405-5867 Call to check price and availability
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