$1,650,000
404 Ridgewood Avenue
Daytona Beach, FL 32114
About this home
This beautiful Pad Split Portfolio is performing at a superior level just to be clear. Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $89.82 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete Turnkey Rented Portfolio which will be included with an acceptable terms. This opportunity consists 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 Pad Split runs through July 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 Pad Split - the largest co-living marketplace in the US. Pad Split 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 zone T -2 which allows for a wide variety of uses. See the Full Brochure Attached!
Estimated monthly payment
$9,746/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history307 days on market
- Status: ActiveFeb 1, 2026
- Listed$2,500,000Jun 4, 2025
- Price reduced$1,650,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 307
- Subdivision
- Hodgmans Daytona
- County
- Volusia
- Year built
- 1901
- Living area
- 16,021 sq ft
- Price/sq ft
- $103
- Lot size
- 37,865 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12127C0359J)
- Annual taxes
- $7,755 (2024)
- Parcel #
- 5339-01-17-0062
- Zoning
- 02T2
- MLS #
- V4943079
Interior Details
- Bedrooms
- 31
- Flooring
- Tile, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan
- Interior features
- Ceiling Fans(s), High Ceilings, Vaulted Ceiling(s)
- Laundry
- Common Area
- Stories / Levels
- Three Or More
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air, Attic Fan
Parking
- Parking features
- Ground Level, Guest, Parking Pad
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Owner Financing
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Brick, Vinyl Siding, Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Block, Slab
- Road surface
- Asphalt, Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2025-06-01
- On market date
- 2025-06-04
- Original list price
- $2,500,000
- MLS area
- 32114 - Daytona Beach
- Listing AOR
- West Volusia
- Status changed
- 2026-02-01
- Tax legal description
- N 1/2 OF LOT 5 EXC HWY & E 144 FT OF LOT 6 EXC HWY BLK 17 DAYTONA PER OR 3497 PG 1396 PER OR 6622 PGS 1312-1314 PER OR 6634 PG 2945 PER OR 6816 PG 0127 PER OR 7420 PG 2577 PER OR 7660 PG 2508 PER OR 8196 PG 2551 PER OR 8206 PG 1829 PER OR 8209 PG 420 5 PER
Location
- Flood zone
- X(12127C0359J)
Directions
Exit I 95 east to Ridgewood Ave, head sound 4 blocks on west side of road.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 8, 2026 at 1:28 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA