# 1208 S Ridgewood Ave, Daytona Beach, FL 32114 > **TL;DR:** commercial, $8,888,888. > Hardwood. Est. $47,540/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $8,888,888 | | Lot Size | 74,923 sqft (1.72 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $44,947 | | Estimated Insurance | $2,593 | | **Total** | **$47,540** | ## Key Amenities - Hardwood ## Property Highlights - 1.72 acre lot - 2 stories - 78 parking spaces ## Description ### Agent Description RARE OPPORTUNITY! 60-UNIT VALUE-ADD MULTIFAMILY PORTFOLIO IN PRIME DAYTONA BEACH LOCATION WITH US-1 FRONTAGE! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units scheduled for COMPLETION PRIOR TO CLOSING. Renovated units feature modern kitchens, updated appliances, designer finishes, and luxury vinyl flooring. Unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units, well-positioned for strong workforce and student housing demand near Embry-Riddle and Daytona State College. Structured as a MULTI FOLIO OVAL ASSAMBLAGE with zoning allowing potential hotel conversion, offering long-term flexibility and redevelopment optionality. Located along the high-visibility US-1 corridor and minutes from Daytona Beach, this asset supports multiple EXIT strategies including long-term hold, refinance, repositioning, or redevelopment. Ideal for multifamily operators, private investors, and 1031 exchange buyers seeking scale, yield, and value creation in a high-demand rental market. ## Location - **Address:** 1208 S Ridgewood Ave, Daytona Beach, FL 32114 - **County:** Volusia ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12011183 ## Listing Agent - **Name:** Madelyn Andrade · **License:** 3188906 - **Brokerage:** Keyes Company Realtors - **Broker Phone:** (305) 371-3592 ## Photos ![1208 S Ridgewood Ave - Photo 1](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1757763616r.jpg) ![1208 S Ridgewood Ave - Photo 2](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2597367955r.jpg) ![1208 S Ridgewood Ave - Photo 3](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2944144021r.jpg) ![1208 S Ridgewood Ave - Photo 4](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1273183664r.jpg) ![1208 S Ridgewood Ave - Photo 5](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f3413598799r.jpg) ![1208 S Ridgewood Ave - Photo 6](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2900393895r.jpg) ![1208 S Ridgewood Ave - Photo 7](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f3999796295r.jpg) ![1208 S Ridgewood Ave - Photo 8](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f223186829r.jpg) ![1208 S Ridgewood Ave - Photo 9](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2419326187r.jpg) ![1208 S Ridgewood Ave - Photo 10](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2461960888r.jpg) ![1208 S Ridgewood Ave - Photo 11](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f765308088r.jpg) ![1208 S Ridgewood Ave - Photo 12](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1228411796r.jpg) ![1208 S Ridgewood Ave - Photo 13](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2099059624r.jpg) ![1208 S Ridgewood Ave - Photo 14](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1647222691r.jpg) ![1208 S Ridgewood Ave - Photo 15](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f3223416112r.jpg) ![1208 S Ridgewood Ave - Photo 16](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f722443873r.jpg) ![1208 S Ridgewood Ave - Photo 17](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f374802530r.jpg) ![1208 S Ridgewood Ave - Photo 18](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1410085623r.jpg) ![1208 S Ridgewood Ave - Photo 19](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f3252711865r.jpg) ![1208 S Ridgewood Ave - Photo 20](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1442488932r.jpg) ![1208 S Ridgewood Ave - Photo 21](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2946043477r.jpg) ![1208 S Ridgewood Ave - Photo 22](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2661656991r.jpg) ![1208 S Ridgewood Ave - Photo 23](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f2089384728r.jpg) ![1208 S Ridgewood Ave - Photo 24](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1134982341r.jpg) ![1208 S Ridgewood Ave - Photo 25](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1167296573r.jpg) ![1208 S Ridgewood Ave - Photo 26](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f830096260r.jpg) ![1208 S Ridgewood Ave - Photo 27](http://lh.rdcpix.com/6baeed1b8373d4c14455dd45f26a80e6l-f1614103919r.jpg) --- **MLS#:** A12011183 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1208-s-ridgewood-ave-daytona-beach-fl-32114-72ae226b4ada41c999e729c8a5da2929) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1208-s-ridgewood-ave-daytona-beach-fl-32114-72ae226b4ada41c999e729c8a5da2929#listing", "url": "https://www.propertysimple.ai/listing/1208-s-ridgewood-ave-daytona-beach-fl-32114-72ae226b4ada41c999e729c8a5da2929", "name": "1208 S Ridgewood Ave, Daytona Beach, FL 32114", "description": "RARE OPPORTUNITY! 60-UNIT VALUE-ADD MULTIFAMILY PORTFOLIO IN PRIME DAYTONA BEACH LOCATION WITH US-1 FRONTAGE! 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