1033 Ridgewood Ave, Daytona Beach, FL 32114-6151
- Medical Office Space
- 2,985 SF
- 0.38 lot acres
Current Use by Public Records
- Neck Back Headache Relief Center / Alternative Medicine Practice
- Dr. David Mallory / Alternative Medicine Practice
- Hannah Norton / Alternative Medicine Practice
- Tree Of Life Family Chiropractic and Wellness Center / Alternative Medicine Practice
Property Details for 1033 Ridgewood Ave
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.38 lot acres
- Zone code
- T2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 5339-64-00-0580
- APU
- 533964000580
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 11, 2024 | $285,000 | Daytona 418 Management & Investment | Clinic Rental LLC | Warranty Deed | — |
| Feb 22, 2022 | — | Clinic Rental LLC | David A Mallory | Warranty Deed | — |
| Sep 13, 2000 | $195,000 | David A Mallory | Fronstin,fred E & Bernice F | Grant Deed | $166k · Suntrust Bank NA |
Description
This 2,985 sq ft apartment building in Daytona Beach, FL, presents a compelling value-add investment. Located at 1033 S Ridgewood Ave, this 1954-built, concrete block structure underwent renovations in 2020. Currently boasting 8 units and 8 bathrooms, with 50% occupancy generating over $5,000 monthly rental income, the property offers significant upside potential. The 0.38-acre lot provides ample parking. Previously used as a medical office, the building's versatile layout allows for conversion back to office space or continued operation as a rental property. The seller is offering financing options. The property features a large parking lot and is situated on a desirable corner lot. All information is deemed reliable but should be independently verified. This is a rare opportunity to acquire a multifamily property in a prime Daytona Beach location. The building's solid construction and recent renovations provide a strong foundation for future growth. The potential for increased rental income through full occupancy makes this a highly attractive investment.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0128
- Latitude
- 29.1929
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
