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Jim Tobin REALTOR
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CONTACT US: 386-405-4411
Jim Tobin REALTOR
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542 N Ridgewood Avenue, Daytona Beach, FL

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$675,000

List Status: Active
542 N Ridgewood Avenue
Daytona Beach, FL 32114


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Top Features
  • Built in  1925
  • Multi Family
Description
10 unit Multi Family property newly available which generates excellent income (a little over a 10% cap) and still has 2 vacancies. This property has received updates to many of the units and they vary from 2 bedroom units to studios. 3 Separate buildings with plenty of parking. Enter or exit from either US-1 or Taylor. FDOT has a nearly 10 million dollar project that is slated to begin in a few months that will transform US-1 with new lighting bicycle lanes landscaping and roadway. The recently renovated 25 acre Riverfront esplanade park and downtown are walking distance. Please do not disturb tenants.
Property Details
Additional Information
Area Major
34 - Daytona ISB to Mason E of 95
Area Minor
34 - Daytona ISB to Mason E of 95
Attached Garage YN
false
Bathrooms Total Decimal
2.5
Bathrooms Total Integer
3
Building Features Pool3
Rear Access, Building Features: Laundry, Fenced, Private Restroom, Building Features: Private Restroom, Building Features: Rear Access, Building Features: Fenced, Laundry
Business Type Other37
Residential, Business Type: Residential
Ceiling Type Drywall
true
Ceiling Type Height Varies
true
Ceiling Type Plaster
true
Construction Materials Other8
Stucco, Frame, Construction Materials: Stucco, Construction Materials: Frame
Contract Status Change Date
2025-09-12
Cooling Other7
Cooling: Ceiling Fan(s), Window Unit(s), Cooling: Central Air, Cooling: Window Unit(s), Ceiling Fan(s), Electric, Cooling: Electric, Central Air, Wall/Window Unit(s), Cooling: Wall/Window Unit(s)
Cooling YN
true
Current Use Other10
Current Use: Investment, Multi-Family, Current Use: Multi-Family, Investment
Currently Not Used Additional Parcels YN
No, false
Currently Not Used Bathrooms Total
2.5
Currently Not Used Building Area Total
8127.0
Documents Change Timestamp
2025-09-12T16:46:45Z
Existing Lease Type Other38
Existing Lease Type: Other, Other
Fencing Other14
Fencing: Fenced, Wood, Fencing: Full, Fenced, Fencing: Wrought Iron, Wrought Iron, Full, Fencing: Wood
Flooring Other13
Flooring: Tile, Flooring: Wood, Laminate, Wood, Tile, Flooring: Laminate
General Property Information Association YN
No, false
General Property Information Directions
Mason Ave to Us-1(ridgewood) head south property is on the right.
General Property Information Land Lease YN2
No, false
General Property Information List PriceSqFt
83.06
General Property Information Waterfront YN
No, false
Heating Other16
Heating: Electric, Electric, Varies by Unit, Heating: Central, Central, Heating: Varies by Unit, Other, Heating: Other
Heating YN
true
Income and Expenses Gross Income
8000.0
Income and Expenses Operating Expense
1500.0
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Listing Contract Date
2025-09-12
Listing Terms Other19
Listing Terms: Conventional, Listing Terms: FHA, Listing Terms: Cash, Cash, FHA, Conventional
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
5338-38-00-0580
Location Tax and Legal Tax Annual Amount
4485.62
Location Tax and Legal Tax Legal Description4
38-15-33 LOTS 56 & 58 & E 1/2 OF LOT 55 EXC R/W MARSHALL SUB COLEMANS DAYTONA MB 15 PG 199 PER OR 4027 PG 2555 PER OR 4114 PG 4652 PER OR 6678 PG 1276 PER OR 8355 PG 1041
Location Tax and Legal Tax Year
2024
Lock Box Type See Remarks
Lock Box Type: See Remarks, See Remarks, Other, Lock Box Type: Other
Lot Features Other18
Split Possible, Cleared, Lot Features: Cleared, Lot Features: Split Possible, Uplands, Lot Features: Uplands
Lot Size Area
0.29
Lot Size Square Feet
12632.4
Lot Size Units
Acres
Major Change Timestamp
2025-09-12T16:46:45Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2025-09-23T13:15:32Z
On Market Date
2025-09-12
Operating Expense Includes Other39
Utilities, Operating Expense Includes: Utilities, Insurance, Operating Expense Includes: Insurance, Operating Expense Includes: Water/Sewer, Water/Sewer, Operating Expense Includes: Trash, Trash
Owner Pays Other34
Pest Control, Water, Owner Pays: Exterior Maintenance, Hot Water, Owner Pays: Repairs, Trash Collection, Owner Pays: Gas, Owner Pays: Insurance, Owner Pays: Hot Water, Exterior Maintenance, Owner Pays: Water, Owner Pays: Pest Control, Owner Pays: Electricity, Owner Pays: Trash Collection, Sewer, Electricity, Taxes, Owner Pays: Sewer, Insurance, Repairs, Owner Pays: Taxes, Gas
Possession Other22
Close Of Escrow, Possession: Close Of Escrow
Road Frontage Type Other25
City Street, Road Frontage Type: City Street
Roof Other23
Roof: Shingle, Shingle
Security Features Other26
Security Gate, Security Features: Security Gate
Sewer Unknown
Sewer: Public Sewer, Public Sewer
StatusChangeTimestamp
2025-09-12T16:46:44Z
Tenant Pays Other35
Cable TV, Tenant Pays: Cable TV, Tenant Pays: Other, Other
Utilities Other29
Utilities: Electricity Connected, Utilities: Water Connected, Water Connected, Cable Connected, Natural Gas Connected, Utilities: Cable Connected, Electricity Connected, Utilities: Sewer Connected, Utilities: Natural Gas Connected, Sewer Connected
Water Source Other31
Water Source: Public, Public
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MLS #1217843 Listing courtesy of Realty Pros Assured provided by Daytona Beach Area Association Of REALTORS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association Of REALTORS (updated 10/28/25 12:05 AM) |

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