$1,650,000

404 Ridgewood Avenue

Daytona Beach, FL 32114

Active
31
Beds
13
Baths
16,021
Sq Ft
0.87
Acres
1901
Built
Fireplace$103/sqft360° tour

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

Principal & interest$8,343
Property taxes$646
Home insurance (est.)$756

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

  1. Status: Active
    Feb 1, 2026
  2. Listed$2,500,000
    Jun 4, 2025
  3. 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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MLS GRID

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