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404 S Ridgewood Avenue

Daytona Beach, FL 32114

– beds
– baths
16,021 sqft
~3/4 acre lot
$156 per sqft
1901 build
– on site

Portfolio Income Opportunity consisting 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 PadSplit runs through July 2025. Adjacent to the Victorian is the fully renovated co-living house, which offers 13 bedrooms and 4 bathrooms. Currently 100% occupied, this property leverages the innovative PadSplit platform to facilitate weekly rentals, maximizing occupancy and cash flow. Together, these properties provide a robust rental income stream, while the zoning flexibility allows for a variety of alternative uses, including assisted living, skilled nursing, or retail opportunities. The current lease with PadSplit runs through August 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 PadSplit - the largest co-living marketplace in the US. PadSplit 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 zoned T-2 which allows for a wide variety of uses.

Listing courtesy of STELLAR_MLS / ADAMS, CAMERON & CO., REALTORS

Last checked: Checking… • Last updated Jun 5, 2025 •

MLS# V4943079 —

The Building

Year Built:

1901
New Construction:

false
Construction Materials:

Brick
Roof:

Shingle
Foundation Details:

Slab
Accessibility Features:

Accessible Common Area
# of Buildings:

3
Building Area Units:

Square Feet

Interior

Interior Features:

High Ceilings
Flooring:

Tile
Fireplace:

true
Fireplace Features:

Living Room

Room Dimensions

Living Area:

16021
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

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

29.204527
Longitude:

-81.019907
Coordinates:

-81.019907, 29.204527

The Property

Parcel Number:

533901170062
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Corner Lot
Lot Size Acres:

0.87
Lot Size Area:

37865
Lot Size SqFt:

37865
Lot Size Units:

Square Feet
Total Acres:

1 to less than 2
Zoning:

02T2
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12127C0359J
Additional Parcels:

true
Additional Parcels Description:

533901170062, 533901170064, 533901170061, 533901170060
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

5
Tax Block:

17
Tax Legal Description:

N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DAYTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7660 PG 2508 PER OR 8196 PG 2551 PER OR 8206 PG 1829 PER OR 8209 PG 420 5 PER
Tax Book Number:

2-82
Tax Annual Amount:

$7,755

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/V4943079
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Common Area

The Community

Subdivision Name:

HODGMANS DAYTONA
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Ground Level

Extra Units

Other Structures:

Other
# of Units Total:

30

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
6/4/25 Jun 4, 2025	Listed / Active	STELLAR_MLS	$2,500,000
6/7/24 Jun 7, 2024	Price Changed	STELLAR_MLS
6/6/24 Jun 6, 2024	Price Changed	STELLAR_MLS

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This multifamily located in Neighborhood E, Daytona Beach, FL 32114 is currently for sale for $2,500,000. 404 S Ridgewood Avenue is a 16,021 square foot multifamily with – beds and – baths that has been on Estately for 3 days. 404 S Ridgewood Avenue is in the Neighborhood E neighborhood of Daytona Beach and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of Campbell Middle School, Turie T. Small Elementary School, and Mainland High School.

Listing Courtesy of: STELLAR_MLS and ADAMS, CAMERON & CO., REALTORS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.