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404 S Ridgewood Avenue, 
Daytona Beach, FL 32114

$2,400,000


30

Beds


102

Baths


16,021

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Daniel Lyonnais

Adams, Cameron & Co., Realtors

Last updated:

June 17, 2025, 01:29 PM

MLS#

V4943079

Source:

MFRMLS

About This Home

404 S Ridgewood Avenue

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. Currently 100% 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.

Home Facts

Multi-Family

102 Baths

30 Bedrooms

Built in 1901

Price Summary

2,400,000

$149 per Sq. Ft.

MLS #:

V4943079

Last Updated:

June 17, 2025, 01:29 PM

Added:

23 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

30

Bathrooms

Total Bathrooms:

102

Interior

Living Area:

16,021 Sq. Ft.


Structure

Structure

Building Area:

16,021 Sq. Ft.

Year Built:

1901


Lot

Lot Size (Sq. Ft):

37,865


Finances & Disclosures

Finances

Price:

$2,400,000

Price per Sq. Ft:

$149 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Adams, Cameron & Co., Realtors is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Adams, Cameron & Co., Realtors, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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