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15130147
15130172

509 N Ridgewood Ave, Daytona Beach, FL 32114

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc
$975,000
129 days on market
Updated 61 days ago

LENDER IN PLACE- possible assumable loan-7 units

Details
Property Type Multifamily
Sub Type Apartment Building
Units 7
Occupancy 100%
Pro-Forma Cap Rate 11.59%
Investment Type Stabilized

Multifamily | 7 Units | $139,286/unit

Marketing description


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

507 & 509 N Ridgewood Ave, Daytona Beach, FL Prime Dual Property Listing - $995,000

Discover an unparalleled investment opportunity with this dual property listing at 507 & 509 N Ridgewood Ave in the heart of Daytona Beach. Priced at $995,000, this offering includes two meticulously maintained properties, presenting a total of 7 income-generating units.

Property Highlights:

  • Dual Income Potential: Acquire both 507 and 509 N Ridgewood Ave, featuring a combined total of 7 units, maximizing your investment potential.

  • Strategic Location: Centrally located in Daytona Beach, these properties offer proximity to major attractions, highways, and the city's vibrant lifestyle.

  • Versatile Usage: Ideal for investors seeking a blend of residential and commercial opportunities, with potential for retail or office spaces on the ground floor and residential units above.

507 N Ridgewood Ave:

  • Well-maintained property with [number] units.

  • [Include specific details about the units, such as size, amenities, and recent renovations].

509 N Ridgewood Ave:

  • Adjacent property complementing the investment package with [number] additional units.

  • [Highlight key features of the units, emphasizing their attractiveness to potential tenants].

Investment Potential:

  • Steady Rental Income: Benefit from a combined total of 7 income-generating units, ensuring a reliable stream of rental income.

  • Value Appreciation: Positioned in a growing real estate market, these properties offer potential for future value appreciation.

Why Invest in 507 & 509 N Ridgewood Ave:

  • Diverse Portfolio: Diversify your investment portfolio with a mix of residential and potential commercial spaces.

  • Prime Location: Enjoy the perks of being in a central Daytona Beach location, with easy access to major highways and attractions.

  • Ready for Income Generation: The properties are well-maintained and ready for immediate rental, ensuring a quick return on investment.

Seize the opportunity to own this dual property listing at 507 & 509 N Ridgewood Ave for $995,000. For inquiries, additional details, or to schedule a viewing, contact Dino Dodani, your trusted professional in the Daytona Beach real estate industry.

Contact: ๐Ÿ“ž Dino Dodani - 3866790888

Invest wisely and secure your stake in the thriving Daytona Beach real estate market! ๐Ÿกโ˜€๏ธ

Investment highlights

๐ŸŒด Daytona Beach Investment Highlights ๐ŸŒด

Discover why investing in Daytona Beach, Florida, is a strategic and promising decision. Here are the key investment highlights for the area surrounding 507 & 509 N Ridgewood Ave:

1. Prime Location:

  • Central Daytona Beach: These properties are strategically located in the heart of Daytona Beach, ensuring proximity to the beach, major highways, and popular attractions.

2. Tourism and Entertainment:

  • Tourist Hotspot: Daytona Beach attracts a constant influx of tourists, drawn to its renowned beaches, the iconic Daytona International Speedway, and various entertainment venues.

3. Economic Growth:

  • Stable Job Market: Daytona Beach boasts a diverse economy, supported by industries like tourism, healthcare, and education, contributing to a stable job market.

4. Educational Opportunities:

  • Educational Institutions: Presence of reputable educational institutions, including Daytona State College, attracting students and professionals to the area.

5. Cultural Scene:

  • Vibrant Arts and Culture: Daytona Beach offers a lively cultural scene with festivals, events, and live performances, enhancing the quality of life for residents.

6. Proximity to Orlando:

  • Accessibility: Just an hour away from Orlando, providing access to additional economic opportunities and entertainment options.

7. Real Estate Market Growth:

  • Increasing Property Values: Daytona Beach is experiencing a growing real estate market, offering potential appreciation for property values over time.

8. Tourism-Driven Demand:

  • Steady Rental Demand: The consistent flow of tourists and a rising local population create a robust demand for rental properties.

9. Infrastructure Development:

  • Ongoing Improvements: Daytona Beach is continually investing in infrastructure development, contributing to the city's overall growth and attractiveness.

10. Low Property Taxes:

  • Tax Advantages: Florida's favorable tax environment, including no state income tax, provides a financial advantage for property investors.

Investing in 507 & 509 N Ridgewood Ave not only secures a dual property package but also aligns with the promising growth and economic stability of Daytona Beach. To explore these investment opportunities further and receive personalized insights, contact Dino Dodani, your trusted professional in the Daytona Beach real estate industry.

Contact: ๐Ÿ“ž Dino Dodani

Invest wisely and be a part of the thriving Daytona Beach real estate market! 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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