128 Ridgewood Avenue, Daytona Beach, FL 32117
- $825,000
- 2,540
- SqFt
- List Price
- $825,000
- Status
- Active
- Days on Market
- 69
- MLS#
- TB8501724
- Short Sale
- Yes
- Property Style
- Hotel/Motel
- Year Built
- 1948
- Living Area
- 2,540
- Lot Size
- 25,500
- Acres
- 0.59
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Mason & Carswells Holly Hill
- MLS Area Major
- Daytona Beach
Property Description
Short Sale. Income-Producing 8-Room Motel with Owner’s Penthouse/Office Opportunity – Prime Location on Ridgewood Ave Exceptional investment opportunity located at 128 Ridgewood Ave! This 8-room motel offers strong income potential with endless possibilities for an owner-operator, investor, or hospitality entrepreneur. Situated on a high-visibility corridor, this property combines steady lodging revenue with the added benefit of an on-site office or spacious penthouse living quarters. The property features eight guest rooms designed for short- or long-term stays, ample parking, and excellent exposure to both local and traveling traffic. The attached office/penthouse provides flexibility for on-site management, private owner accommodations, or additional rental income. Whether you’re looking to expand your investment portfolio, operate a boutique roadside motel, or create a live/work hospitality business, this property offers tremendous upside potential. Conveniently located near shopping, dining, major roadways, and area attractions, this motel is positioned to attract both repeat and transient guests. Don’t miss this rare chance to own an income-producing property with built-in residential or management space in a growing area!
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Additional Information
- Taxes Annual
- $9687
- Annual Gross Income
- 106747
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- 09B4
- Floor
- Laminate, Tile
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Utilities
- Public
- Heating
- Ductless
- Air Conditioning
- Office Only, Mini-Split Unit(s)
- Exterior Construction
- Concrete
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 424401340220
- Legal Description
- 37-15-33 N 100 FT OF S 390 FT OF E 255 FT EXC RD BLK 34 1/2 MASON & CARSWELLS HOLLY HILL DB O PG 312 MB 14 PG 21 SUB OF MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 2209 PG 0297 PER OR 5719 PG 4000 PER OR 7954 PG 0714 PER OR 8244 PG 3 453 P
Listing courtesy of DEXTER REALTY GROUP. 800-281-7858
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