About 610 S Ridgewood Avenue
Rare corner-lot investment opportunity at the intersection of S Ridgewood Ave & Cedar St, in the heart of a rapidly gentrifying Downtown Daytona Beach corridor. This 5-unit property is priced to move at roughly $125K/door as-is, offering an immediate cash-flowing asset in a location surrounded by ongoing redevelopment and rising rents. But the real story here is the upside: the sale includes an adjacent parcel, bringing total assemblage to approximately 0.40 acres — situated within Downtown zoning that permits up to 40 units per acre. That opens the door to a long-term redevelopment play of an estimated 12–16 units on the combined site (buyer to verify with the City of Daytona Beach Planning Division), essentially tripling the unit count from what's on the ground today. Whether you're an investor looking for stabilized income now with a built-in expansion runway, or a developer eyeing infill density in one of Daytona's fastest-growing submarkets, this corner offers both. Walking distance to the Halifax River, downtown core, and the beachside corridor — in a location where new construction and renovation activity keep pushing values upward. Hold it, lease it, or reposition it. Opportunities to acquire this much upside on a single corner in Downtown Daytona don't come around often.
Features of 610 S Ridgewood Avenue
| MLS® # | O6436253 |
|---|---|
| Price | $650,000 |
| Square Footage | 1,860 |
| Acres | 0.20 |
| Year Built | 1915 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Coming Soon |
Listing Details
| Office | CHARLES RUTENBERG REALTY ORLANDO |
|---|
Listing Map
Neighborhood Information for 610 S Ridgewood Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Mount Calvary Academy Private - Preschool to 6Th Grade - Closest Elementry School |
1 Miles | |
|
Turie T. Small Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
|
|
Campbell Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Word And Praise Christian Learning Center Private - Preschool to 8Th Grade |
1 Miles | |
|
|
Basilica School Of St Paul Catholic - Preschool to 8Th Grade |
1 Miles | |
|
|
Friendship Academy Private - Preschool to Preschool |
1 Miles |
School data provided by GreatSchools