801 S Ridgewood Avenue
Daytona Beach, FL 32114
- 8 beds
- 4 baths
- 2,866 sqft
- 6,557 sqft lot
- $172 per sqft
- 1945 build
- – on site
Under contract-accepting backup offers. Nestled in the heart of vibrant Daytona Beach, this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows for short-term rentals! Either long term or short term rentals, his property offers versatility and the potential for lucrative returns. With a total of 8 bedrooms and 4 bathrooms spread across its 4 units, there's ample space to accommodate tenants and guests comfortably. Recent renovations include the replacement of all windows, while select units feature stunning hardwood floors, enhancing both aesthetics, insurance rates and durability. Generating strong rental income and boasting impressive cash flow, these units are in high demand, capitalizing on their proximity to the beach and downtown. This house has natural gas hookups and ample parking. Pro formas available upon request. Each unit commands a rental income of $1,200 per month, with significant upside potential for further growth. Offering the opportunity to live in one unit while allowing the others to cover expenses, this property presents an enticing proposition for owner-occupiers and investors alike. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with 2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market – seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.
Listing courtesy of STELLAR_MLS / REAL BROKER, LLC
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Last updated May 1, 2024
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MLS# P4929827 —
Monthly cost estimate
Asking price
$495,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,650
|
Taxes | $559 |
Insurance | $136 |
Utilities | N/A |
Total | $3,345/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/24
May 1, 2024
|
Pending | STELLAR_MLS | $495,000 | |
3/29/24
Mar 29, 2024
|
Listed / Active | STELLAR_MLS | $495,000 |