Permit-Ready Multifamily Development
For Sale
Contact for pricing
327 Ridgewood Ave, Daytona Beach, FL 32117
Entitled land for 120 multifamily units in growing corridor.
Property SizeContact for details
Days on Market170
Property Features for 327 Ridgewood Ave
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Benchmark Ormond Beach
(386) 672-8530
Listed By:
Courie Woodard · License #SL3633215
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Jul 15 at 11:05PM
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 Coldwell Banker Commercial Benchmark Ormond Beach
Investment Insights
Based on property information with market context.
This property is fully entitled for the development of 120 multifamily units. The project is permit-ready, and all architectural plans and necessary permits are included in the sale to expedite construction. The land is situated on US Hwy 1 between Ormond Beach and Daytona Beach, offering high visibility. The cleared land features a hard corner at a lighted intersection, providing exposure to approximately 28,000 vehicles per day. The property is located in an Opportunity Zone.
Key Highlights
- Fully entitled for 120 multifamily units.
- Permit ready with all architectural plans and necessary permits included.
- Located on US Hwy 1 between Ormond Beach and Daytona Beach, offering high visibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled land for 120 multifamily units in growing corridor.
Where is this residential land & home lot located?
The property is located at 327 Ridgewood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Fully entitled for 120 multifamily units.; Permit ready with all architectural plans and necessary permits included.; Located on US Hwy 1 between Ormond Beach and Daytona Beach, offering high visibility.
