Listing provided courtesy of Realty Pros Assured- MLS# 1217843
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542 N Ridgewood AvenueDaytona Beach, FL 32114
Commercial · 8,127 Sq. ft. | 0.29 Acres$675,000
Active
542 N Ridgewood Avenue Overview
- Time on Site:
- 291 days
- Visits:
- 2
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.
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542 N Ridgewood Avenue Facts & Features
- Type Commercial
- Sq. ft. 8,127
- Price/Sq.ft. $83
- Lot 0.29 Acres
Details
General
Association/HOA
- Association: false
Income/Expenses
- Existing Lease Type: Other
- Gross Income: 8000.0
- Operating Expense: 1500.0
- Operating Expense Includes: Insurance,Trash,Utilities,Water/Sewer
Building Information
- Year Built: 1925
Business Information
- Business Type: Residential
- Current Use: Investment,Multi-Family
Location/Region
- Country: US
- County Or Parish: Volusia
- MLS Area Major: 34 - Daytona ISB to Mason, E of 95
- MLS Area Minor: 34 - Daytona ISB to Mason, E of 95
Rent/Lease Information
- Land Lease: false
- Tenant Pays: Cable TV,Other
Tax Information
- Tax Annual Amount: 4485.62
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional,FHA
- Parcel Number: 5338-38-00-0580
- Property Sub Type: Multi Family
- Property Type: Commercial Sale
Interior
Beds/Baths
- Bathrooms Total: 3
Building Interior
- Building Area Total: 8127.0
General Information
- Building Features: Fenced,Laundry,Private Restroom,Rear Access
- Flooring: Laminate,Tile,Wood
- Security Features: Security Gate
Exterior
Parking Information
- Parking Features: Detached,Gated,Guest,On Street,Parking Lot,Shared Driveway
Lot Information
- Additional Parcels: false
- Lot Features: Cleared,Split Possible,Uplands
- Lot Size Acres: 0.29
- Lot Size Area: 0.29
- Lot Size Square Feet: 12632.4
- Lot Size Units: Acres
- Water Source: Public
Waterfront/View
- Waterfront: false
Building Exterior/Construction
- Attached Garage: false
- Construction Materials: Frame,Stucco
- Roof: Shingle
General Information
- Fencing: Fenced,Full,Wood,Wrought Iron
- Number Of Units Total: 0
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
542 N Ridgewood Avenue Neighborhood
Community
32114 (Daytona Beach) Demographics
35
Median Age
1,902
Population Density (per sq. mile)
31%
College Educated
$33,474
Estimated Median Income
4,405
Estimated Total Home Owners
8,885
Estimated Total Renters
33% / 67%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.542 N Ridgewood Avenue Monthly Cost
542 N Ridgewood Avenue Market Data
Based on the last 30 days in this zip code
$256,343
Average List Price
$194
Average Price per Square Foot
28
Properties Sold
142
Average Days on Market
284
Properties for Sale
542 N Ridgewood Avenue History
| Date | Value | Agent |
|---|---|---|
| 9/12/2025Source: Daytona MLS | September 12, 2025 |