542 N Ridgewood Avenue, Daytona Beach, FL

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$675,000

List Status: Active
542 N Ridgewood Avenue
Daytona Beach, FL 32114


Top Features
  • Built in  1925
  • Multi Family
Description
10 unit Multi Family property newly available which generates excellent income (a little over a 10% cap) and still has 2 vacancies. This property has received updates to many of the units and they vary from 2 bedroom units to studios. 3 Separate buildings with plenty of parking. Enter or exit from either US-1 or Taylor. FDOT has a nearly 10 million dollar project that is slated to begin in a few months, that will transform US-1, with new lighting, bicycle lanes, landscaping and roadway. The recently renovated 25 acre Riverfront esplanade park and downtown are walking distance. Please do not disturb tenants.
Property Details
Additional Information
Area Major
34 - Daytona ISB to Mason, E of 95
Area Minor
34 - Daytona ISB to Mason, E of 95
Bathrooms Total Decimal
2.5
Bathrooms Total Integer
3
Building Features Pool3
Rear Access, Fenced, Private Restroom, Laundry
Business Type Other37
Residential
Construction Materials Other8
Stucco, Frame
Contract Status Change Date
2025-09-12
Cooling Other7
Window Unit(s), Ceiling Fan(s), Electric, Central Air, Wall/Window Unit(s)
Current Use Other10
Multi-Family, Investment
Currently Not Used Additional Parcels YN
No
Currently Not Used Bathrooms Total
2.5
Currently Not Used Building Area Total
8127.0
Documents Change Timestamp
2025-09-12T16:46:45Z
Existing Lease Type Other38
Other
Fencing Other14
Wood, Fenced, Wrought Iron, Full
Flooring Other13
Laminate, Wood, Tile
General Property Information Association YN
No
General Property Information Directions
Mason Ave to Us-1(ridgewood) head south, property is on the right.
General Property Information Land Lease YN2
No
General Property Information List PriceSqFt
83.06
General Property Information Waterfront YN
No
Heating Other16
Electric, Varies by Unit, Central, Other
Income and Expenses Gross Income
8000.0
Income and Expenses Operating Expense
1500.0
Listing Contract Date
2025-09-12
Listing Terms Other19
Cash, FHA, Conventional
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
5338-38-00-0580
Location Tax and Legal Tax Annual Amount
4485.62
Location Tax and Legal Tax Legal Description4
38-15-33 LOTS 56 & 58 & E 1/2 OF LOT 55 EXC R/W MARSHALL SUB COLEMANS DAYTONA MB 15 PG 199 PER OR 4027 PG 2555 PER OR 4114 PG 4652 PER OR 6678 PG 1276 PER OR 8355 PG 1041
Location Tax and Legal Tax Year
2024
Lock Box Type See Remarks
See Remarks, Other
Lot Features Other18
Split Possible, Cleared, Uplands
Lot Size Area
0.29
Lot Size Square Feet
12632.4
Lot Size Units
Acres
Major Change Timestamp
2025-09-12T16:46:45Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2025-09-23T13:15:32Z
On Market Date
2025-09-12
Operating Expense Includes Other39
Utilities, Insurance, Water/Sewer, Trash
Owner Pays Other34
Pest Control, Water, Hot Water, Sewer, Electricity, Taxes, Insurance, Repairs, Trash Collection, Gas, Exterior Maintenance
Possession Other22
Close Of Escrow
Road Frontage Type Other25
City Street
Roof Other23
Shingle
Security Features Other26
Security Gate
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2025-09-12T16:46:44Z
Tenant Pays Other35
Cable TV, Other
Utilities Other29
Water Connected, Cable Connected, Natural Gas Connected, Electricity Connected, Sewer Connected
Water Source Other31
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MLS #1217843 Listing courtesy of Realty Pros Assured provided by Daytona Beach Area Association Of REALTORS.

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