David Shippey
863.521.4517

404 S Ridgewood Avenue Daytona Florida | Home for Sale

To schedule a showing of 404 S Ridgewood Avenue, Daytona, Florida, Call David Shippey at 863-521-4517 TODAY!

$2,400,000 Reduced -$100,000
404 S Ridgewood Avenue
Daytona, FL 32114
  • 30Beds
  • 102.00Total Baths
  • 0 Full, 0 HalfBaths
  • 16,021SqFt
  • 1901Year Built
  • 0.87Acres
  • MLS# V4943079
  • Income
  • MultiFamily
  • Active

  • Approx Time on Market1 month, 19 days
  • Area32114 - Daytona Beach
  • CountyVolusia
  • Subdivision Hodgmans Daytona

Overview

Portfolio Income Opportunity consisting of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co-living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach, the Intercoastal Waterway, and major attractions. This prime location, combined with the recent property enhancements and diverse zoning options, makes this offering particularly appealing to investors and developers alike.The centerpiece of this portfolio is the stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this historic gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with PadSplit runs through July 2025. Adjacent to the Victorian is the fully renovated co-living house, which offers 13 bedrooms and 4 bathrooms. Almost fully occupied, this property leverages the innovative PadSplit platform to facilitate weekly rentals, maximizing occupancy and cash flow. Together, these properties provide a robust rental income stream, while the zoning flexibility allows for a variety of alternative uses, including assisted living, skilled nursing, or retail opportunities. The current lease with PadSplit runs through August 2025.The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and general electric upgrades. All 3 properties benefit from recent leases with PadSplit - the largest co-living marketplace in the US. PadSplit provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St. These land parcels are zoned T-2 which allows for a wide variety of uses.



Agriculture / Farm

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  102.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Pool Private:  No

Exterior Features:  Other

Fees / Restrictions

Financial

Original Price:  $2,500,000

Garage / Parking

Open Parking:  No

Parking Features:  Guest, ParkingPad

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Interior Features

Fireplace Desc:  LivingRoom, PrimaryBedroom

Fireplace:  Yes

Floors:  Tile, Wood

Levels:  ThreeOrMore

Spa:  No

Laundry Features:  CommonArea

Interior Features:  CeilingFans, HighCeilings, VaultedCeilings

Appliances:  BuiltInOven, Cooktop, Dryer, Dishwasher, ExhaustFan, ElectricWaterHeater, Disposal

Lot Info

Direction Remarks:  Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.

Number of Lots:  5

Lot Size Units:  Acres

Lot Size Acres:  0.87

Lot Sqft:  37,865

Lot Desc:  CornerLot

Misc

Other

Other Structures:  Other

Special Conditions:  None

Security Features:  FireAlarm, FireSprinklerSystem

Other Rooms Info

Property Info

Section:  39

Class Type:  MultiFamily

Property Sub Type:  MultiFamily

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  No

Construction Materials:  Brick, VinylSiding, WoodSiding, WoodFrame

Accessibility:  AccessibleStairway, AccessibleFullBath, AccessibleCommonArea, AccessibleKitchen, AccessibleEntrance

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  16,021

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  5

Tax Legal Description:  N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DAYTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7660 PG 2508 PER OR 8196 PG 2551 PER OR 8206 PG 1829 PER OR 8209 PG 420 5 PER

Tax Block:  17

Tax Annual Amount:  7755

Tax Book Number:  2-82

Unit Info

Total Units:  30

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, AtticFan, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, CableConnected, ElectricityConnected, SewerConnected, WaterConnected

Waterfront / Water

Waterfront:  No

View:  No

Directions

Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.

This listing courtesy of Adams, Cameron & Co., Realtors 

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Price & Status History (on davidshippey.com since Wed, Jun 4th 2025)
  • Original Price: $2,500,000
  • Current Price: $2,400,000
  • Price Reduced: $100,000
Date ChangedFromTo
06/16/2025$2,500,000 $2,400,000 Reduced by $100,000

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If you have any questions on 404 S Ridgewood Avenue, Daytona, Florida, please call David Shippey at 863-521-4517.


MLS# V4943079 located at 404 S Ridgewood Avenue, Daytona, Florida is brought to you by David Shippey REALTOR®

404 S Ridgewood Avenue, Daytona, Florida has 30 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 404 S Ridgewood Avenue, Daytona, Florida is V4943079.
The price for 404 S Ridgewood Avenue, Daytona, Florida is $2,400,000.
The status of 404 S Ridgewood Avenue, Daytona, Florida is Active.
The subdivision of 404 S Ridgewood Avenue, Daytona, Florida is Hodgmans Daytona.
The home located at 404 S Ridgewood Avenue, Daytona, Florida was built in 2025.

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