$1,199,000
828 Ridgewood AvenueHolly Hill, FL 32117
Listing updated: October 6, 2026 at 9:50 AM ET
Listing courtesy of Jupiter Properties, Inc · Sulamita Del Valle · MLS #O6443334 · Active · 386-547-6161Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Rare opportunity to acquire the Indian Palm Motel, a well-established 14-unit motel offering an attractive approximately 15% cap rate, strong existing cash flow, and significant upside potential. This is a true income-producing asset where the right owner/operator may be able to increase revenue and profitability through improved management, marketing, pricing, and targeted property enhancements. Situated on approximately 0.56 acres along highly traveled Ridgewood Avenue/US-1 in Holly Hill, the property offers excellent visibility and accessibility, with 14 guest units, on-site office, coin-operated laundry, and 15 dedicated parking spaces. Located approximately 3 miles from Daytona Beach and 5 miles from Daytona International Speedway, the motel benefits from year-round tourism, major events, seasonal travel, local business activity, and the continued growth of the Daytona Beach market. The property has an established operating history and recurring demand, providing an investor with immediate cash flow and multiple opportunities to create additional value. A new owner who brings strong hospitality management and a proactive operating strategy could potentially push NOI and returns well beyond the current performance. Strong yield, established income, prime location, and substantial value-add potential make the Indian Palm Motel an exceptional opportunity for an investor seeking a high-performing hospitality asset with room to grow.
Estimated monthly payment
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 history15 days on market
- Status: ActiveSep 21, 2026
- Listed$1,199,000Sep 21, 2026
Facts & features
- Property type
- Commercial Sale
- Sub type
- Hotel/Motel
- Status
- Active
- Days on market
- 15
- Subdivision
- Toll & Williams Lt 01 Blk M & C Holly Hill
- County
- Volusia
- Year built
- 1946
- Living area
- 3,800 sq ft
- Price/sq ft
- $304
- Building area
- 3,950 sq ft (Public Records)
- Lot size
- 24,480 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12127C0356J)
- Annual taxes
- $6,621 (2025)
- Parcel #
- 5337-41-01-0040
- Zoning
- 09B4
- MLS #
- O6443334
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Interior Details
- Direction faces
- East
Heating & Cooling
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- Listing terms
- Cash, Commercial Financing
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-09-21
- On market date
- 2026-09-21
- Original list price
- $1,199,000
- Occupant type
- Tenant
- MLS area
- 32117 - Daytona Beach
- Listing AOR
- Orlando Regional
- Status changed
- 2026-09-21
- Tax legal description
- LOT 4 EXC N 8.99 FT SUB LOT 1 BLK 8 M & C HOLLY HILL MB 2 PG 154 PER OR 3728 PG 0816 PER OR 5336 PG 4738 PER OR 7147 PG 4741 PER OR 8168 PG 1353 PER OR 8440 PG 3620
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-95 North toward Jacksonville. Merge onto I-95 North and continue for 5.3 miles, then take Exit 265 for LPGA Boulevard. Turn right onto LPGA Boulevard and travel 4.3 miles to reach US-1/Ridgewood Avenue. Turn right onto Ridgewood Avenue and continue 2.1 miles south; the property at 828 Ridgewood Avenue will be on your right.
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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 October 6, 2026 at 9:50 AM 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.
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