About 920 S Ridgewood Avenue 1
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.
Residential Income home for sale in DAYTONA BEACH, FL at 920 S Ridgewood Avenue 1. This 12 bedroom Residential Income home is priced at $196/sqft
Features of 920 S Ridgewood Avenue 1
| MLS® # | O6356688 |
|---|---|
| Price | $695,000 |
| Bedrooms | 12 |
| Bathrooms | 5.00 |
| Square Footage | 3,546 |
| Acres | 0.64 |
| Year Built | 1953 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information: Daytona Beach
| Address | 920 S Ridgewood Avenue 1 |
|---|---|
| Area | Daytona Beach |
| Subdivision | HIGBEES DAYTONA |
| City | DAYTONA BEACH |
| County | Volusia |
| State | FL |
| Zip Code | 32114-5312 |
Amenities of 920 S Ridgewood Avenue 1
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Senior Community | No |
Interior of 920 S Ridgewood Avenue 1
| Interior Features | Other |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior of 920 S Ridgewood Avenue 1
| Exterior Features | Other |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information On 920 S Ridgewood Avenue 1
| Date Listed | October 30th, 2025 |
|---|---|
| Zoning | 02T3 |
| Flood Zone Code | X500 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | OUTLET REALTY |
|---|