920 S Ridgewood Ave Unit 1 Daytona Beach, FL 32114
Central Daytona NeighborhoodEstimated payment $3,806/month
About This Home
Presenting a rare opportunity to acquire a stabilized, income-producing 4-plex in a prime Daytona Beach location. This property features two separate buildings and delivers a high net operating income (NOI) of $72,638 with an impressive 10.45 cap rate, making it an outstanding choice for investors seeking strong, reliable cash flow. The property is fully occupied from a solid tenant base, providing dependable rental income and long-term stability thorough Federal Housing. Its strategic location ensures strong occupancy potential in one of Florida’s most active coastal markets. Located just minutes from Daytona Beach International Airport, Daytona International Speedway, and the vibrant downtown area, this asset offers convenient access to transportation, shopping, dining, and the world-famous beaches, combining both generous cash flow and appreciation potential. Whether you’re expanding your portfolio or seeking an investment in a desirable Daytona Beach neighborhood, 920 S Ridgewood Ave represents a rare opportunity to acquire a premium multifamily property with immediate income and long-term upside.
Listing Agent
OUTLET REALTY Brokerage Phone: 407-308-0600 License #3555979 Listed on: 10/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,629
Year Built
- Built in 1953
Lot Details
- 0.64 Acre Lot
Home Design
- 3,546 Sq Ft Home
- Quadruplex
- Slab Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
Community Details
- No Home Owners Association
- 2 Buildings
- 4 Units
- Higbees Daytona Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 2 / 68
- Assessor Parcel Number 5339-03-68-0030
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $650,000 | -6.5% | $183 / Sq Ft |
| 10/30/2025 10/30/25 | For Sale | $695,000 | -- | $196 / Sq Ft |
Source: Stellar MLS
MLS Number: O6356688
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