Price Reduced 6.47%
Price History
$695,000
10/30/2025
$650,000
11/12/2025
920 S RIDGEWOOD AVENUE, #1, Daytona Beach, FL, 32114
12 beds
1953
3,546 sqft
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 Speedway, and the vibrant downtown area, this asset offers convenient access to transportation, shopping, dining, and the world-famous beaches, combining both generous cash flow and appreciation potential. Whether you’re expanding your portfolio or seeking an investment in a desirable Daytona Beach neighborhood, 920 S Ridgewood Ave represents a rare opportunity to acquire a premium multifamily property with immediate income and long-term upside.
Status:
Active
Type:
Multi-family
Laundry Remarks:
None
Units:
4
Subdivision:
HIGBEES DAYTONA
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Acreage:
0.64
Est. Taxes:
$4,629
Construction
Wood Frame
Utilities
Public
Days on Market:
13
MLS #:
O6356688
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of OUTLET REALTY 407-353-5518