1208 S Ridgewood Ave

Daytona Beach, FL 32114

$8,888,888
Price
—
Beds
—
Baths
41,397 Sq. Ft.
$215 / Sq. Ft.
41,397
Sq. Ft.
$215
per Sq. Ft.
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a kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a bathroom with a sink toilet and shower
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an aerial view of residential houses with outdoor space
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Description

Rare opportunity! 60-unit value-add multifamily portfolio in prime daytona beach location with us-1 frontage! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units...Rare opportunity! 60-unit value-add multifamily portfolio in prime daytona beach location with us-1 frontage! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units scheduled for COMPLETION PRIOR TO CLOSING. Renovated units feature modern kitchens, updated appliances, designer finishes, and luxury vinyl flooring. Unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units, well-positioned for strong workforce and student housing demand near Embry-Riddle and Daytona State College. Structured as a MULTI FOLIO OVAL ASSAMBLAGE with zoning allowing potential hotel conversion, offering long-term flexibility and redevelopment optionality. Located along the high-visibility US-1 corridor and minutes from Daytona Beach, this asset supports multiple EXIT strategies including long-term hold, refinance, repositioning, or redevelopment. Ideal for multifamily operators, private investors, and 1031 exchange buyers seeking scale, yield, and value creation in a high-demand rental market.

Property Details for 1208 South Ridgewood Avenue

Style
No Pool/No Water
LISTING UPDATED: 05/13/2026 09:22 AM

Property Details for 1208 South Ridgewood Avenue

StatusActive
MLS #A12011183
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built-
Lot Size1.72 AC / 74,923 SF
CountyVolusia County
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Location

Listing Courtesy of The Keyes Company, Madelyn Andrade
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Building Information for 1208 South Ridgewood Avenue

Stories-Residences-Year Built-Building Size-Lot Size1.72 AC / 74,923 SF

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$45,182 per month

30 year fixed, 6.36% Interest

Principal and Interest

$44,294

Property Taxes

$888

HOA Dues

$0

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Property Information for 1208 South Ridgewood Avenue

Summary
Location and General Information
  • Area: 5940 - Other Florida County, 5940
  • City and Location Text: Daytona Beach
  • County Land Code: Volusia County
  • County Or Parish: Volusia County
  • Geo Lat: 29.190283
  • MLS Area: 5940 - Other Florida County, 5940
  • Postal Code: 32114
  • State: FL
  • Street Direction Prefix: S
  • Street #: 1208
Taxes and HOA Information
  • Association Fee: $0
  • Parcel ID: 40153303030010
Parking
  • Parking: Common, Guest, Free
Property
Lot Information
  • Acreage Description: 1 To Less Than 2 Acre Lot
  • Acres: 1.72
  • Approx Sqft Total Area: 41397
  • Num Buildings: 9
  • Property Condition: Resale
  • Sq Ft: 41397
  • Sq Ft Total: 41,397
  • Property Type: Commercial Sale, Multi Family
Property and Assessments
  • Construction Type: Multi Family, Shingle, Resale, Block, CBS, Frame, Stucco
  • Document Count: 0
  • Type: Multi Family
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: Block, CBS, Frame, Stucco
  • Guest Accommodations: No
  • Roof: Shingle
  • Roof Description: Shingle
  • Security Information: Security Fence
Interior Features
  • Baths Total: 0
  • Building Includes: Building, Fixtures, Land, Leases
  • Column Description: Block, CBS, Frame, Stucco
  • Flooring: Laminate, Tile, Wood
  • Num Toilets: 60
  • Numof Units: 0
Multi Family
Multi Family Information
  • Unit Count: 0
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: SEF
  • Occupancy Information: Tenant
  • Possession Information: Negotiable

Property History for 1208 South Ridgewood Avenue

DateEvent & SourcePriceAppreciation
May 1, 2026

Listed (Active)

Beaches MLS #A12011183

$8,888,888—
Oct 28, 2024

Sold (Public Record)

Public Record #1546326412

$1,600,000

+47.7% / yr

Dec 22, 2021

Sold

DAYTONAMLS #1088505

$525,000—
DateEvent & SourcePrice
05/01/2026

Listed (Active)

Beaches MLS #A12011183

$8,888,888
10/28/2024

Sold (Public Record)

Public Record #1546326412

$1,600,000

+47.7% / yr

12/22/2021

Sold

DAYTONAMLS #1088505

$525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1208 South Ridgewood Avenue

Taxable ValueLand$135,000Additions$406,615Total$541,615
Tax Record2025$10,652 ($888 / month)
Home Facts
Baths7.5Total Finished SqFt2,043 SqFtAbove Grade Finished SqFt2,043 SqFtStories1Lot Size9,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1929Year Renovated2005ZoningT2CountyVOLUSIAAPN5340-03-03-0010

Schools near 1208 South Ridgewood Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
Turie T. Small Elementary School
Public - PK to 5
Campbell Middle School
Public - 6 to 8
Mainland High School
Public - 9 to 12
Halifax Behavioral Services
Public - PK to 12
Rating
School
Distance
Turie T. Small Elementary School
PublicPK to 5

Campbell Middle School
Public6 to 8

Mainland High School
Public9 to 12

Halifax Behavioral Services
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1208 South Ridgewood Avenue, Daytona Beach, FL 32114

1208 South Ridgewood Avenue is a multi-family home for sale in Daytona Beach, FL 32114. This property was listed for sale on May 1, 2026 by The Keyes Company, it's currently listed at $8,888,888. It has been on the market for a total of 65 days and was last sold on October 28, 2024. This listing's school district is Volusia. Nearby schools include Turie T. Small Elementary School, Campbell Middle School and Mainland High School. 1208 South Ridgewood Avenue is a 0-bed, 0-bath, 41,397 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company, Madelyn Andrade

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/13/2026 09:22 AM