Daytona Beach Multifamily
542 N Ridgewood Avenue, Daytona Beach, FL 32114
COMMERCIAL - Daytona Beach, FL
Property size:
8,127 SFLot size:
0.29 AcresPrice / SF:
$83/SF- Added:
- Sep 12, 2025
- Days on Market:
- 246
- Last Refresh:
- May 15 at 1:06 am
Property Features for 542 N Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2
- Parking features
- On Street, Driveway, Parking Lot, Guest, Gated
- Security features
- Security
- Fencing
- Fenced
- Standard status
- Active
- APN
- 5338-38-00-0580
- Size
- 8,127 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 38-15-33 LOTS 56 & 58 & E 1/2 OF LOT 55 EXC R/W MARSHALL SUB COLEMANS DAYTONA MB 15 PG 199 PER OR 4027 PG 2555 PER OR 4114 PG 4652 PER OR 6678 PG 1276 PER OR 8355 PG 1041
- Tax Annual Amount
- 4486
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Varies by Unit (Heating), Central
- Cooling system
- Electric, Wall/Window Unit(s), Central Air, Ceiling Fan(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Flooring type
- Tile, Wood, Laminate
- Building materials
- Frame, Stucco
- Roof type
- Shingle
Listing agent Thomas Caffrey (386) 290-9233
Listing office Realty Pros Assured 900 W Granada Blvd Ste 3, Ormond Beach, FL (386) 677-7653
Listing date Sep 12, 2025
MLS# 1217843
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent income property with over 10% capitalization rate.
- 10‑unit multi‑family property with a mix of 2‑bedroom and studio units.
- Updates to many units with varied flooring types (Tile, Laminate, Wood).
- Ample parking available with multiple parking features (On Street, Driveway, Gated, Parking Lot, Guest).
- Convenient location with access to US‑1 and Taylor.
- Walking distance to the recently renovated 25‑acre Riverfront esplanade park and downtown.
Overview
This ten-unit multifamily property in Daytona Beach, Florida, offers income-generating potential with two vacancies. The property consists of three separate buildings with ample parking. The units vary from two-bedroom apartments to studios, and many have been updated. Access is available from both US-1 and Taylor Avenue. A nearly $10 million FDOT project is slated to begin in a few months to transform US-1 with new lighting, bicycle lanes, landscaping, and roadway improvements. The recently renovated 25-acre Riverfront esplanade park and downtown area are within walking distance. The property is located in Daytona Beach, Volusia County, Florida.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.028662
- Latitude
- 29.22077
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ten-unit multifamily property with income potential in Daytona Beach.
Where is this apartment building located?
The property is located at 542 N Ridgewood Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Excellent income property with over 10% capitalization rate.; 10‑unit multi‑family property with a mix of 2‑bedroom and studio units.; Updates to many units with varied flooring types (Tile, Laminate, Wood).
