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Renovation-Ready Apartment Property
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Pending

403 Ridgewood Ave, Daytona Beach, FL 32117

Gutted multifamily property with an approved short-term rental use and on-site parking.

Property SizeContact for details
Days on Market145

Property Features for 403 Ridgewood Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Epique Realty
Listed By: Dino Dodani · License #FL SL3221388
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 2 at 3:25AM

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 Epique Realty

Investment Insights

Based on property information with market context.

This 1.40-acre multifamily property is gutted and positioned for renovation. The proposed configuration includes 17 rental units, with flexibility for long-term leasing, short-term stays, or a combination of both. The property includes ample on-site parking and is described as approved for Airbnb use.

The site is near US Highway 1, which carries a reported daily traffic count of 31,000. The Intracoastal Waterway is a few streets away, while the Atlantic Ocean is less than 1 mile from the property. Shopping centers, places of worship, and public transportation are also nearby.

Renovation plans can be tailored to the intended rental model and final unit configuration. The property is offered as a redevelopment opportunity rather than an operating apartment asset.

Key Highlights

  • 1.40‑acre multifamily property
  • Gutted property ready for renovation
  • Proposed 17‑unit rental configuration

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Pharmacy Gym & Fitness Center Garden Center Skin Care Clinic Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Gutted multifamily property with an approved short-term rental use and on-site parking.
Where is this apartment building located?
The property is located at 403 Ridgewood Ave Daytona Beach, FL.
What are key features of this property?
This property features: 1.40‑acre multifamily property; Gutted property ready for renovation; Proposed 17‑unit rental configuration
(386) 679-0888 Call to check price and availability
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