468 RIDGEWOOD AVE Daytona Beach, FL 32117
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,306 sqft
Price per Sqft $97
Subdivision Mason & Carswells Holly Hill
MLS Listing ID V4949280
HOA Y/N No
Year Built 1947
Annual Tax Amount $9,929
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning.
Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.
Location
State FL
County Volusia
Community Mason & Carswells Holly Hill
Area 32117 - Daytona Beach
Zoning 09B4
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Concrete, Laminate, Tile
Exterior
Parking Features Other, RV Access/Parking, Secured
Utilities Available Electricity Available, Water Connected
Roof Type Metal
Building
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4949280
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION