468 RIDGEWOOD AVE, Daytona Beach, FL 32117
468 RIDGEWOOD AVE, Daytona Beach, FL 32117
468 RIDGEWOOD AVE, Daytona Beach, FL 32117
468 RIDGEWOOD AVE, Daytona Beach, FL 32117
468 RIDGEWOOD AVE, Daytona Beach, FL 32117
468 RIDGEWOOD AVE, Daytona Beach, FL 32117
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$ 1,200,000
Est. payment | /mo

12,306 SqFt


$ 1,200,000
Est. payment | /mo

12,306 SqFt

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

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4.

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

View Y/N No

Water Access No

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

Stellar MLS
Listed by Dayanis Purucker OCEANS LUXURY REALTY FULL SVC

NEARBY SCHOOLS & PROPERTIES

Bret Melton

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

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468 RIDGEWOOD AVE