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15129975
15129956

503 N Ridgewood Ave, Daytona Beach, FL 32114

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc
$975,000
128 days on market
Updated 60 days ago

8 Unit Multifamily Property

Details
Property Type Multifamily
Sub Type Apartment Building
Units 8
Cap Rate 9.45%
Occupancy 100%
Class B
Year Renovated 2023
Buildings 2
Investment Type Stabilized
Ownership 100%

Multifamily | 8 Units | $121,875/unit

Marketing description

Whether you're looking to purchase one of my listings or explore opportunities elsewhere across the country, securing financing has never been easier. By visiting https://dinododani.commloan.com/ , you can apply for a loan online quickly and effortlessly.

Contact the lender for anything you are working on:

Ed Thach-Director

602-390-6800

ethach@commloan.com

Bringing Efficiency To Commercial Real Estate Lending

9112 E Verde Grove View, Suite 105

Scottsdale, AZ 85255


๐ŸŒด
Exclusive Investment Opportunity in Daytona Beach, Florida ๐ŸŒด

503 N Ridgewood Ave, Daytona Beach, FL Prime Location with 8 Income-Generating Units

Embark on a remarkable investment journey with this exclusive property at 503 N Ridgewood Ave in beautiful Daytona Beach. This strategically located gem offers not just a property but a pathway to substantial income through its eight well-maintained and income-generating units.

Property Highlights:

  • Central Location: Situated in the heart of Daytona Beach, this property enjoys proximity to the beach, river, highways, and major attractions.

  • 8 Income-Generating Units: The property consists of eight units, each contributing to a steady stream of rental income.

  • Turnkey Investment: With fully occupied units, this investment is ready to generate immediate returns.


Why Invest in 503 N Ridgewood Ave:

  • Stable Rental Market: Daytona Beach's consistent demand for housing ensures a reliable tenant pool.

  • Low Vacancy Rates: The property's prime location and well-maintained units contribute to low vacancy rates.


Invest with Confidence: With a total of eight income-generating units at 503 N Ridgewood Ave, you're securing a lucrative slice of the Daytona Beach real estate market.

To explore this exclusive investment opportunity and take the next step in expanding your portfolio, contact Dino Dodani, a trusted professional in the real estate industry.

Contact: ๐Ÿ“ž Dino Dodani - 3866790888

Don't miss this chance to own and profit from a prime multi-unit property in sunny Daytona Beach, Florida! Reach out to Dino Dodani for more information or to schedule a viewing of this lucrative investment. ๐Ÿกโ˜€๏ธ

Investment highlights


๐ŸŒด
Daytona Beach Investment Highlights ๐ŸŒด

Discover why Daytona Beach is not just a destination for sun and fun but also a lucrative hub for real estate investment. Here are the key investment highlights for the area:

1. Prime Location:

  • Daytona Beach is strategically positioned on Florida's east coast, offering easy access to major highways, including I-95, making it a desirable location for residents and tourists alike.

2. Tourism and Attractions:

  • Home to the famous Daytona International Speedway, the city attracts motorsports enthusiasts from around the world.

  • Beautiful beaches, including the renowned Daytona Beach, draw tourists seeking sun, sand, and water activities.

3. Economic Growth:

  • A thriving local economy with diverse industries, including tourism, healthcare, and education, contributes to a stable job market.

4. Educational Institutions:

  • Presence of reputable educational institutions like Daytona State College adds to the city's appeal, attracting students and professionals.

5. Cultural and Entertainment Scene:

  • Vibrant arts and culture scene with events, festivals, and live performances year-round provide a rich lifestyle for residents and visitors.

6. Proximity to Orlando:

  • Located just about an hour away from Orlando, Daytona Beach benefits from the economic and entertainment opportunities of the larger metropolitan area.

7. Growing Real Estate Market:

  • A growing demand for rental properties fueled by a combination of tourism and a rising local population.

  • Increasing property values, presenting potential appreciation for real estate investments.

8. Infrastructure Development:

  • Ongoing infrastructure development projects contribute to the city's growth and attractiveness for both residents and businesses.

9. Diverse Housing Options:

  • A range of housing options, from beachfront condos to residential neighborhoods, caters to various preferences and budgets.

10. Low Property Taxes:

  • Florida's favorable tax environment, including no state income tax, makes it an appealing destination for investors seeking favorable financial conditions.

Explore the potential of Daytona Beach as an investment destination, and with the exclusive property at 503 N Ridgewood Ave, seize the opportunity to secure your place in this dynamic and promising real estate market. For personalized guidance and insights, contact Dino Dodani, your trusted professional in the Daytona Beach real estate industry.

Contact: ๐Ÿ“ž Dino Dodani

Invest wisely, and unlock the potential of Daytona Beach, Florida! ๐Ÿกโ˜€๏ธ

Listing Contacts

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc

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Additional Information

Name
Dino Dodani
License
FL SL3221388
Brokerage
Serhant
Brokerage Phone
3866790888
Title
FL
Brokerage Address
37 North Orange Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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