Do Real Estate on the Go!
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$650,000
12 Beds
- 5 Baths
3,546sqft
920 S Ridgewood Ave #1, Daytona Beach, FL 32114
$650,000
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Quadruplex
Built in 1953
$-- HOA
27,968 sqft lot
$183/sq.ft
Description
Presenting a rare opportunity to acquire a stabilized, income-producing 4-plex in a prime Daytona Beach location. This property features two separate buildings and delivers a high net operating income (NOI) of $72,638 with an impressive 10.45 cap rate, making it an outstanding choice for investors seeking strong, reliable cash flow.
The property is fully occupied from a solid tenant base, providing dependable rental income and long-term stability thorough Federal Housing. Its strategic location ensures strong occupancy potential in one of Florida’s most active coastal markets.
Located just minutes from Daytona Beach International Airport, Daytona International Speed...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1953
HOA Fees
-
Finished Area
3,546 sqft
Lot Size
27,968 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
O6356688
MLS Status
Active
Days on Market
47
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