#1215303, Lancelot Lenard, Listing office: Florida Homes Realty & Mortgage
$2,325,000 List price
404 S Ridgewood Ave Daytona Beach, FL 32114
0 beds
1 bath
16,021 sqft
0.9 acres
$145 / sqft
Multi-Family
Property details
About 404 S Ridgewood Ave
Price Improvment! 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. Almost fully 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. Partial Owner Financing for the right quilifed buyer!
Highlights
Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Attic Fan
Size16,021 sqft
Lot size0.87 Acres
Year built1901
ParkingGround Level, Guest, Parking Pad
MLS #V4943079
FireplaceLiving Room, Primary Bedroom
Virtual tour
Summary
- Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan
- Flooring Type: Tile, Wood
- Interior: Ceiling Fans(s), High Ceilings, Vaulted Ceiling(s)
- Fireplace: Living Room, Primary Bedroom
- Private Pool: No
- Parking: Ground Level, Guest, Parking Pad
- Exterior: Other
- Heating: Central, Electric
- Cooling: Central Air, Attic Fan
- List Price: $2,325,000
- Price/SqFt: $145
- HOA Amount: $0
- Annual Tax Amount: $6,086
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.
- Year Built: 1901
- Living Area: 16,021 SqFt
- Lot Size: 0.87 Acres
- MLS Number: V4943079
- MLS Name: MFRMLS
- Office Name: ADAMS, CAMERON & CO., REALTORS
- Office Phone: (386) 717-3445
- Listing Agent: Daniel Lyonnais
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Last updated on: 7/28/2025, 6:34:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 08, 2022 | Home Sold | $900,000 |
| Feb 18, 2022 | Home Sold | $50,000 |
| Aug 16, 2011 | Home Sold | $195,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $339,486 | $6,086 |
| 2022 | $313,681 | $5,700 |
| 2021 | $289,229 | $5,688 |
| 2020 | $295,716 | $5,592 |
| 2019 | $284,559 | $5,596 |
| 2018 | $242,630 | $4,079 |
| 2017 | $232,752 | $4,038 |
History based on county public records data.
Nearby schools
6
Turie T. Small Elementary School
Public District PK-5
0.7 mi
•800 South St
3
South Daytona Elementary School
Public District PK-5
2.6 mi
•600 Elizabeth Pl
5
R. J. Longstreet Elementary School
Public District PK-5
2.8 mi
•2745 S Peninsula Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,679. Residents of Daytona Beach, FL typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
73%
<35k
19%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
78%
Single, No Kids
5%
Single, with Kids
16%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
15%
18-34 yrs old
52%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC
Soccer
Where do the neighbors shop?
Family Dollar
Chico's
Forever 21
Where do the neighbors go to eat?
Church's Chicken
Burger King
Bob Evans
What do the neighbors drive?
Cadillac
Buick
Oldsmobile
What do the neighbors listen to?
Jazz
Urban Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 404 S Ridgewood Ave
The listing price of 404 S Ridgewood Ave property is $2,325,000.
The property 404 S Ridgewood Ave is a multi located in Daytona Beach, Florida, 32114.
Active Listing: 404 S Ridgewood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 404 S Ridgewood Ave are: Turie T. Small Elementary School (GreatSchools Rating 6/10), South Daytona Elementary School (GreatSchools Rating 3/10), R. J. Longstreet Elementary School (GreatSchools Rating 5/10), Campbell Middle School (GreatSchools Rating 3/10), Holly Hill School K-8 (GreatSchools Rating 2/10), Silver Sands Middle School (GreatSchools Rating 5/10), The Chiles Academy (GreatSchools Rating 1/10), Mainland High School (GreatSchools Rating 4/10), Richard Milburn Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,086 (source: MLS/based on county public records data).
The last sale was on July 8, 2022 for $900,000 (source: MLS/tax record).
The property 404 S Ridgewood Ave is 16,021 SqFt (source: MLS/tax record).
The year of construction for 404 S Ridgewood Ave is 1901.
This home is located at 404 S Ridgewood Ave in Daytona Beach, FL and zip code 32114. This 16,021 square foot home, which was built in 1901, sits on a 0.87 acre lot. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $2,325,000.
Daytona Beach, FL housing market in June 2025 saw over 14 listings sold above listed price, more than 30 sold at listed price and over 167 sold below. Between May and June 2025, Daytona Beach, FL real estate market has seen increase in the number of listings by 4.2%. The median list price of listings available in June 2025 was $306,811, while the average time on the real estate market was 120 days.
From Rocket Homes Real Estate and based on county public records data.