Refine Search

468 Ridgewood Avenue, Holly Hill, FL 32117

$1,200,000
  • 468 Ridgewood Avenue, Holly Hill, FL 32117 Main Photo

21 Total Photos [Click to View All]

Active
BEDS5 BATHS9 full SQUARE FEET12,518 MLS#1215168
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNot on the List

Property Description

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment CorridorAn 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.

468 Ridgewood Avenue | MLS# 1215168

This multi-family property located at 468 Ridgewood Avenue, Holly Hill, FL 32117 is currently listed for sale with an asking price of $1,200,000. Search Holly Hill real estate on johnadams.adamscameron.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Multi Units, Separate Meters, S
Fuel Type: Electric
Garage: 7 car attached
Heating: Central, Electric, Hot Water, Separate Meters
Lot Size: 1.03 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $9,911
Year Built: 1947

Feature Descriptions

Appliances: Tankless Water Heater, Refrigerator, Microwave, Instant Hot Water, Electric Water Heater, Electric Oven
Days on Site: 334
Directions: From US 1 and Mason, go north on US 1, property. of left after 3rd. street
Exterior: Block, Stucco
Flooring: Carpet, Laminate, Tile
Laundry: Electric Dryer Hookup, Washer Hookup
Listing Terms: Cash, Conventional
Lot: Cleared
Lot Dimensions: 150.0 ft x 289.0 ft
Parcel #: 4244-01-22-0310
Parking: Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned
Property Attached Y/N: No
Property Sub-Type: Multi Family
Road Frontage: City Street, Highway
Security Features: Closed Circuit Camera(s), Smoke Detector(s)
Sewer: Public Sewer
SQFT Total: 12518
Units: 12
Utilities: Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Oceans Luxury Realty Full Service LLC

Shown By

Agent Name: John Adams
Agent Phone: Primary: (386) 253-8044
Agency Title: Adams Cameron & Co. REALTORS

IDX logo

Estimate Your Payment

Estimated Payment

$ 7,562.82 per month $6,386.90 Principal & Interest $825.92 Property Tax $350.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Rose Pinto and Dawson Walker can help you get pre-approved quickly and easily in order to get the home buying process started.

Login to My Homefinder

Pixel