623 Ridgewood Ave Daytona Beach, FL 32114
- Commercial land
- 2,586 SF
- 0.18 lot acres
Current Use by Public Records
- Commercial land
Property Details for 623 Ridgewood Ave
- Year built
- 1910
- Construction
- WOOD FRAME
- Lot size
- 0.18 lot acres
- Property size
- 2,586 SF
- Zone code
- T2
- Property type
- Commercial land
- APN
- 5339-01-14-0040
- APU
- 533901140040
Description
This exceptional Daytona Beach property, located at 623 S Ridgewood Avenue, presents a compelling investment opportunity. The 7,840.8 square foot lot is zoned T-2, allowing for a diverse range of uses including multi-family housing, tourist accommodations, office space, restaurants, retail establishments, and residential development. Situated in the heart of Daytona Beach's business and historic district, this property enjoys a prime location directly on US1. Its proximity to the Halifax River, marina, riverfront areas, parks, beaches, shops, and restaurants enhances its appeal. The lot is cleared and ready for development, with readily available water, sewer, and electricity. An adjacent lot at 619 S Ridgewood Ave is also available for sale, offering potential for a combined purchase at a reduced price. This property is ideal for investors seeking a versatile and strategically located asset in a thriving area. Potential buyers are strongly encouraged to conduct their own due diligence, contacting the zoning department to discuss any planned development and verifying all acceptable zoning uses, measurements, and city requirements. The asking price for this remarkable opportunity is $90,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.017
- Latitude
- 29.2006
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA