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$1,300,000
15 Beds
9 Baths
4,560sqft
545 N Ridgewood Ave, Daytona Beach, FL 32114
$1,300,000
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Multi Family
Built in 1954
$-- HOA
20,037 sqft lot
$285/sq.ft
Description
Under contract-accepting backup offers. Presenting an exceptional opportunity to acquire a stabilized, income-producing multifamily asset in the heart of Daytona Beach. The property comprises nine (9) residential units, with eight units currently occupied, generating a net operating income (NOI) of $143,142 and a strong 10.22 cap rate. A majority of tenants are supported through federal housing, providing reliable, government-backed rental income and consistent cash flow.
Strategically positioned just minutes from Daytona Beach International Airport, Daytona International Speedway, and the city’s revitalized downtown corridor, the property benefits from high visibility...
- Houzeo last checked: 56 Minutes ago
- Listing updated: December 2, 2025 at 5:33 pm
- Listing Provided by: Nicolas Rodriguez (407) 580-3467 , Ivan Tobon | OUTLET REALTY (407) 353-5518
- Source: Stellar MLS-FL | MLS#: O6353591
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1954
HOA Fees
-
Finished Area
4,560 sqft
Lot Size
20,037 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
O6353591
MLS Status
Pending
Days on Market
49
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