📌 DEAL ALERT -- List Price: $1,650,000All-Cash / 45-Day Close: $1,500,000 NET TO SELLER ? All Furnishings Included (~$100K Value)The Seller Has Done the Negotiation For You. This Is the Number. There Is No Counter.PROPERTY OVERVIEW:This is one of the rarest, immediately cash-flowing real estate portfolio opportunities to hit the Daytona Beach market -- a fully renovated, income-producing trifecta of historic, co-living, and single-family residential assets sitting on 1.5 acres with 164 feet of US-1 frontage in the heart of Downtown Daytona Beach. At $1.5 million all-cash, the buyer is acquiring 16,700 sq-ft of renovated, stabilized income property at under $90 per square foot -- a number that simply does not exist anywhere else in this market for assets of this quality. The portfolio consists of three fully renovated buildings on five contiguous T-2 zoned parcels, generating current income today while offering multiple value-add and development pathways tomorrow. Three additional buildable lots are included in the sale at no additional cost. The seller's bottom line is $1.5 million net -- bring the cash, close in 45 days, and walk away with a furnished, operational real estate business that is already producing. Please see the Full Description Attached.
Listed By
Agency Name: Adams, Cameron & Co., Realtors
Shown By
Agent Name: Les Puc
Agent Phone: (813) 449-1111
Estimated Payment
$ 9,909.41 per month $8,781.99 Principal & Interest $646.17 Property Tax $481.25 Homeowner's Insurance
404 S Ridgewood Avenue | MLS# 1213963
This multi-family property located at 404 S Ridgewood Avenue, Daytona Beach, FL 32114 is currently listed for sale by Adams, Cameron & Co., Realtors, with an asking price of $1,650,000. Search Daytona Beach real estate on lespuc.adamscameron.com today.