1208 S Ridgewood Avenue, Daytona Beach, FL 32114
$8,888,888 · $215 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $8,888,888
- Price per sq ft: $215
- Building size: 41,397 sq ft
- Lot size: 1.72 acres
- Buildings: 9
- Parking spaces: 78
- Parcel ID: 40153303030010
- MLS#: A12011183
About this property
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.
Building Features and Utilities
- Block
- Frame
- Stucco
- CBS
About the Business at 1208 S Ridgewood Avenue
- Included: Building, Fixtures, Land, Leases
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
The Keyes Company · victorulloa@keyes.com · Listing agent: Madelyn Andrade
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1208 S Ridgewood Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1208 S Ridgewood Avenue
- How much is 1208 S Ridgewood Avenue?
- 1208 S Ridgewood Avenue is listed at $8,888,888, about $215 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- How big is 1208 S Ridgewood Avenue?
- The listing reports 41,397 square feet of building.
- How do I tour 1208 S Ridgewood Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
More Commercial Listings Nearby
- 922 S Atlantic, Daytona Beach · Multifamily for sale · $1,350,000 · 5,517 sq ft
- 900 S Peninsula Drive, Daytona Beach · Multifamily for sale · $2,350,000 · 841 sq ft
- 1915 N ATLANTIC Avenue, Daytona Beach · Hotel/Motel for sale · $1,095,000 · 3,209 sq ft
- 724 GEORGE W ENGRAM Boulevard, Daytona Beach · Commercial for sale · $300,000 · 1,081 sq ft
- 895 N Nova, Daytona Beach · Commercial for lease · $7,000/mo · 3,010 sq ft
See every commercial listing in Daytona Beach or browse Florida commercial real estate.