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Daytona Beach Income Property
For Sale
Contact for pricing
Pending

503 N Ridgewood Ave, Daytona Beach, FL 32114

Eight-unit income property in a central Daytona Beach location.

Property SizeContact for details
Days on Market219

Property Features for 503 N Ridgewood Ave

General Information

Standard status Pending
Class B
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Building Details

Year Renovated 2023
Buildings 2
Units 8
Listing Agency: Epique Realty
Listed By: Dino Dodani · License #FL SL3221388
Source: Crexi
Added: Jan 27 Changed: Aug 14 Last Checked: Aug 30 at 3:56PM

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.

Located at 503 N Ridgewood Ave in Daytona Beach, Florida, this property presents an investment opportunity with eight income-generating units. The property is centrally located, offering proximity to the beach, river, highways, and major attractions. The units are fully occupied, providing immediate returns. The location and well-maintained units contribute to low vacancy rates. This property offers a chance to own a multi-unit property in Daytona Beach, Florida.

Key Highlights

  • Prime location in Daytona Beach, close to the beach, river, highways, and major attractions.
  • Features 8 income‑generating units, providing a steady stream of rental income.
  • Turnkey investment opportunity** with fully occupied units ready for immediate returns.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Garden Center Pet Grooming Service

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

1,363
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?
Apartment building - Eight-unit income property in a central Daytona Beach location.
Where is this apartment building located?
The property is located at 503 N Ridgewood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Prime location in Daytona Beach, close to the beach, river, highways, and major attractions.; Features **8 income‑generating units**, providing a steady stream of rental income.; Turnkey investment opportunity** with fully occupied units ready for immediate returns.
(386) 679-0888 Call to check price and availability
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