Daytona Beach Investment
For Sale
Contact for pricing
Pending
5080 S Ridgewood Ave, Port Orange, FL 32127
18-unit property in Daytona Beach with high income potential.
Property SizeContact for details
Days on Market208
Property Features for 5080 S Ridgewood Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Building Details
Units
18
Listing Agency:
Epique Realty
(386) 679-0888
Listed By:
Dino Dodani · License #FL SL3221388
Source:
Crexi
Added: Jan 27
Changed: Aug 15
Last Checked: Aug 22 at 12:22PM
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 in Daytona Beach, this property at 5080 South Ridgewood Avenue features 18 units. The property generates a total annual income of $326,000, with a weekly income of $6275 per unit. The property offers an investment opportunity with a cap rate of 14.30.
Key Highlights
- High Cap Rate: 14.30% offers a significant return on investment.
- Strong Income Generation: The property generates a total annual income of $326,000.
- Multiple Units: The property features 18 units, providing diversified income streams.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit property in Daytona Beach with high income potential.
Where is this apartment building located?
The property is located at 5080 S Ridgewood Ave Port Orange, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: High Cap Rate: 14.30% offers a significant return on investment.; Strong Income Generation: The property generates a total annual income of $326,000.; Multiple Units: The property features 18 units, providing diversified income streams.
