$695,000

Estimated payment $4,031/month

12 Beds
5 Baths
3,546 Sq Ft
$196 Price per Sq Ft

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

Nicolas Rodriguez

OUTLET REALTY Brokerage Phone: 407-308-0600 License #3555979 Listed on: 10/30/2025

Co-Listing Agent

Ivan Tobon

OUTLET REALTY Brokerage Phone: 407-308-0600 License #3064572

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

  • Legal Lot and Block 2 / 68
  • Assessor Parcel Number 5339-03-68-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,629

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 3546
  • Lot Size Acres: 0.64
  • New Construction: No
  • Year Built: 1953
  • Lot Size Sq Ft: 27968
  • Status: Active
  • Street Direction: S
  • Co List Office Mls Id: MFR261011031
  • Co List Office Phone: 407-353-5518
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 196.00
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 407-308-0600
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 12
  • Living Area Meters: 329.43

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12127C0359J

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Higbees

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 02T3
  • Parcel Number: 5339-03-68-0030
  • Additional Parcels: No
  • Flood Zone Code: X500

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 4629
  • Tax Block: 68
  • Tax Book Number: MB12-98
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $695,000 -- $196 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6356688

Stellar MLS