Listed By
Agency Name: CHARLES RUTENBERG REALTY ORLANDO
Agency Contact: 407-622-2122
Shown By
Agency Title: Pupello Realty Company, LLC
Agency Phone: (386) 216-8338
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...read more
Listed By
Agency Name: CHARLES RUTENBERG REALTY ORLANDO
Agency Contact: 407-622-2122
Shown By
Agency Title: Pupello Realty Company, LLC
Agency Phone: (386) 216-8338
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610 S Ridgewood Avenue, Daytona Beach, FL 32114.
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610 S Ridgewood Avenue, Daytona Beach, FL 32114.
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