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$ 1,250,000

Est. payment | -/mo

6 Beds

8 Baths

21,780 SqFt

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$ 1,250,000

Est. payment | -/mo

Save

6 Beds

8 Baths

21,780 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 21,780 sqft

Price per Sqft $57

MLS Listing ID 1227324

Bedrooms 6

Full Baths 8

Year Built 1915

Annual Tax Amount $17,862

Acres 0.5

Property Sub-Type Multi Family

Source Daytona Beach Area Association of REALTORS®

Property Description

Historic Hotel in the heart of Daytona Beach. A local landmark for over 100 years. Convenient location within walking distance near groceries, restaurants, shopping, downtown Daytona Beach, Daytona Beach Library, Marinas, etc. Fully leased. 20 rooms stay rented with minimal vacancy. 26 residential units total (3 suites can be separated as two rooms). Parking: 14 spaces. Manager's suite is a 2BR, 2BA apartment. Easy business, guests consist of primarily weekly and monthly rentals, not day-to-day. Property consists of 2 parcels , 110 ft of frontage on US1/Ridgewood Ave. Rents vary from $480 to $1,100 / mo depending on unit. Partially renovated and inspected by the city. Could use additional TLC for increased income. .Property consists of 2 parcels representing 110 ft of
frontage on US1. IMPORTANT - DO NOT DISTURB TENANTS.

Location

State FL

County Volusia

Area 32 - Daytona Beville To Isb, E Of 95

Direction W. International Speedway Blvd to south on Ridgewood ave.

Region Daytona Beach

City Region Daytona Beach

Interior

Heating Individual

Cooling Wall/Window Unit(s)

Heat Source Individual

Exterior

Parking Features Off Street

Utilities Available Electricity Connected, Water Connected

View Y/N No

Garage No

Building

Lot Description Other

New Construction No

Others

Tax ID 533901100053

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Vincenza Costa • Vincenza Realty

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209 S Ridgewood AVE Daytona Beach, FL 32114

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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209 S Ridgewood AVE