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Discover a landmark commercial opportunity in Daytona Beach, where historic charm meets modern investment potential. Originally built in 1910 as the stately private residence for a prominent doctor and his family, this distinguished property has gracefully evolved, standing the test of time through meticulous transformations. Now, it presents an unparalleled, fully renovated, high-yield asset just one block from Daytona's burgeoning redevelopment district. Spanning an impressive 9012 square feet, this turnkey offering features a remarkable 25-bedroom configuration, many with private baths, alongside five fully independent apartments. A comprehensive top-to-bottom renovation ensures peace of mind, boasting a new roof, new windows, and completely updated electrical, plumbing, and HVAC systems. Designed to maximize cash flow, the versatile layout supports multiple lucrative revenue streams, including co-living, workforce housing, short-term rentals, or traditional multifamily leasing. Positioned on highly visible Ridgewood Avenue, with close proximity to the beach, retail, dining, and major thoroughfares, this asset is built for strong occupancy and consistent returns. Explore the enduring legacy and exceptional income potential of this unique Daytona Beach investment.
Features
Age: Over 50 Years Old
Amenities: Cable Ready
Cooling System: Multi Units
Exterior Type: Brick
Exterior Type: Block
Exterior Type: Stucco
Floor Covering: Laminate
Floors: 3
Heating System: Energy Star Qualified Equipment (Heating)
Heating System: Central
Legal Description: 39-15-33 LOT 4 BLK 68 HIGBEES ADD TO DAYTONA DB L PG 704 MB 12 PG 98 PER OR 4108 PGS 3467-3468 PER OR 5665 PG 2529 PER OR 8126 PG 3541 PER OR 8308 PG 2360