Listing provided courtesy of Oceans Luxury Realty Full Service LLC- MLS# 1215168MLS Provider

468 Ridgewood AvenueHolly Hill, FL 32117

Multi-Family · 5 Beds · 9 Full Baths · 12,518 Sq. ft. | 1.03 Acres
$1,200,000 Active

468 Ridgewood Avenue Overview

Time on Site:
364 days
Visits:
0

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning. Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.

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468 Ridgewood Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 12,518
  • Price/Sq.ft. $96
  • Lot 1.03 Acres

Details

General

Income/Expenses

  • Income Includes: Parking,RV Storage,Storage

Building Information

  • New Construction: false
  • Year Built: 1947

Business Information

  • Current Use: Commercial,Investment,Mixed Use,Multi-Family,Residential,Retail,Mini Storage

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 41 - LPGA to Granada, E of Nova
  • MLS Area Minor: 41 - LPGA to Granada, E of Nova
  • Subdivision Name: Not on the List

Tax Information

  • Tax Annual Amount: 9911.57
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 4244-01-22-0310
  • Property Sub Type: Multi Family
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 7.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Bathrooms Total: 9
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 12518.0

General Information

  • Appliances: Tankless Water Heater,Refrigerator,Microwave,Instant Hot Water,Electric Water Heater,Electric Oven
  • Flooring: Carpet,Laminate,Tile
  • Laundry Features: Electric Dryer Hookup,Washer Hookup
  • Levels: Two
  • Living Area: 12518.0
  • Living Area Source: Public Records
  • Security Features: Closed Circuit Camera(s),Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Additional Parking,Attached,Garage,Gated,Guest,Off Street,Parking Lot,RV Access/Parking,Secured,Shared Driveway,Unassigned

Lot Information

  • Lot Features: Cleared
  • Lot Size Acres: 1.03
  • Lot Size Area: 1.03
  • Lot Size Dimensions: 150.0 ft x 289.0 ft
  • Lot Size Square Feet: 44866.8
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: true
  • Construction Materials: Block,Stucco
  • Roof: Metal

General Information

  • Carport: false
  • Fencing: Chain Link,Fenced
  • Number Of Units Total: 12
  • Other Structures: Workshop
  • Road Frontage Type: City Street,Highway
  • Sewer: Public Sewer
  • Utilities: Cable Not Available,Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Water Available,Water Connected

468 Ridgewood Avenue Neighborhood

Community

32117 (Holly Hill) Demographics

42
Median Age
2,359
Population Density (per sq. mile)
27%
College Educated
$40,659
Estimated Median Income
5,565
Estimated Total Home Owners
5,684
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

468 Ridgewood Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

468 Ridgewood Avenue Market Data

Based on the last 30 days in this zip code

$276,412
Average List Price
$197
Average Price per Square Foot
30
Properties Sold
143
Average Days on Market
311
Properties for Sale
Calculations provided by Reliance Network

468 Ridgewood Avenue History

Date Event Value Agent
3/25/2026Source: Daytona MLS Price Reduction
$1,200,000 -7.7%
3/25/2026Source: Daytona MLS Price Reduction
$1,200,000 -7.7%
10/10/2025Source: Daytona MLS Price Reduction
$1,300,000 -3.7%
10/10/2025Source: Daytona MLS Price Reduction
$1,300,000 -3.7%
9/7/2025Source: Daytona MLS Price Reduction
$1,350,000 -3.6%
9/7/2025Source: Daytona MLS Price Reduction
$1,350,000 -3.6%
7/31/2025Source: Daytona MLS Added to Database
July 01, 2025
6/6/2025Source: Daytona MLS Added to Database
June 06, 2025