$1,675,000

404 S Ridgewood Avenue, Daytona Beach, FL 32114

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$1,675,000

(24,000) 01/06/2026

404 S Ridgewood Avenue Daytona Beach, FL 32114

For Sale MLS# V4943079

309 beds 122 baths 16,021 sq ft Multi-family

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Data current as of 17/03/2026 03:17:12

Details for 404 S Ridgewood Avenue

MLS# V4943079

Description for 404 S Ridgewood Avenue, Daytona Beach, FL, 32114


This beautiful Pad Split Portfolio is performing at a superior level just to be clear. Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $89.82 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete Turnkey Rented Portfolio which will be included with an acceptable terms. This opportunity consists of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co-living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach, the Intercoastal Waterway, and major attractions. This prime location, combined with the recent property enhancements and diverse zoning options, makes this Offering particularly appealing to investors and developers alike. The centerpiece of this portfolio is the stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this Historic Gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with Pad Split runs through July 2025. The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and General Electric upgrades. All 3 properties benefit from recent leases with Pad Split - the largest co-living marketplace in the US. Pad Split provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St. These land parcels are zone T -2 which allows for a wide variety of uses. See the Full Brochure Attached!

Listing Information


Property Type: Residential, Multi Family

Status: Active

Bedrooms: 309

Bathrooms: 122

Lot Size: 0.87 Acres

Square Feet: 16,021 sq ft

Year Built: 1901

Construction: Brick,Vinyl Siding,Wood Siding,Wood Frame

Construction Display: New Construction

Subdivision: Hodgmans Daytona

Foundation: Block,Slab

Number Of Units Total: 30

County: Volusia

Construction Status: New Construction

Additonal Room Information

Laundry: Common Area

Interior Features


Appliances: Electric Water Heater, Built-In Oven, Exhaust Fan, Dishwasher, Disposal, Dryer, Cooktop

Flooring: Tile,Wood

Fireplaces: Living Room, Primary Bedroom

Accessibility: Accessible Common Area, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Stairway

Additional Interior Features: High Ceilings, Vaulted Ceiling(s), Ceiling Fan(s)

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Cable Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected

Cooling: Ceiling Fan(s), Central Air, Attic Fan

Heating: Central, Electric

Exterior / Lot Features


Parking Description: Parking Pad, Guest

Roof: Shingle

Additional Exterior/Lot Features: Other, Corner Lot

Out Buildings: Other

Community Features


Security Features: Fire Sprinkler System, Fire Alarm

Unit Information


Unit 1 Units Total: 1

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 2 Units Total: 1

Unit 2 Baths Total: 1

Unit 2 Beds Total: 1

Unit 3 Units Total: 4

Unit 3 Baths Total: 1

Unit 3 Beds Total: 4

Unit 4 Units Total: 11

Unit 4 Baths Total: 7

Unit 4 Beds Total: 11

Unit 5 Units Total: 13

Unit 5 Baths Total: 3

Unit 5 Beds Total: 13

Driving Directions


Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.

Financial Considerations


Terms: Owner May Carry

Tax/Property ID: 5339-01-17-0062

Tax Amount: 7755

Tax Year: 2024

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 404 S Ridgewood Avenue

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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