$1,400,000

468 Ridgewood Avenue, Holly Hill, FL 32117

  • 5 beds |
  • 9 baths |
  • 12,518 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon1.03acre lot
  • Property Parking Icon 7 car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

**Unique Investment Opportunity in Holly Hill's Redevelopment Area** Discover an exceptional mixed-use commercial property with incredible potential in Holly Hill's thriving redevelopment zone. This CC1 zoned property offers 150 feet of frontage along US1 and spans 1.03 acres, making it an ideal investment for developers, business owners, or investors seeking income and growth opportunities. **Property Highlights:** - **Prime Location:** Just 4 miles from Halifax Hospital, Daytona International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry Riddle. Easy access to the Beachside A1A Corridor (5 miles), I-95 (6 miles), and I-4 (8 miles). - **Flexible Spaces:** Comprising three stand-alone block buildings totaling over 12,000 sq ft, all featuring new galvanized metal roofs (installed in 2014 and 2017). - **Building 1:** Approximately 10,250 sq ft, two-story structure with two commercial units, seven storage units, an owner's suite, and four unfinished units. Upgraded with two new HVAC units and four mini-split systems for efficient climate control. - **Building 2:** Around 1,420 sq ft with three residential units two studio apartments and one one-bedroom apartment ideal for rental income or multi-use purposes. - **Building 3:** A 640 sq ft one-bedroom residential unit, offering additional rental or owner occupancy options. - **Additional Features:** A half-acre fenced rear lot currently used for RV, boat, and trailer storage, providing extra income or expansion possibilities. **Redevelopment & Investment Potential:** This property is situated in a burgeoning area with access to redevelopment grantscontact the City of Holly Hill for details. Its strategic location and versatile layout make it perfect for commercial, residential, or mixed-use development projects. **Don't miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**

Listing Status:
Active
Date Added:
July 1, 2025 at 05:00AM
Listing Office:
Oceans Luxury Realty Full Service LLC : 386-236-3700
Listing Agent:
Sean Hurley : 386-566-6031
MLS ID:
1215168
  • Appliances: Tankless Water HeaterRefrigeratorMicrowaveInstant Hot WaterElectric Water HeaterElectric Oven
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: CarpetLaminateTile
  • A/C: Central AirElectricMulti UnitsSeparate MetersSplit SystemVaries by UnitWall/Window Unit(s)Individual
  • Heating: CentralElectricHot WaterSeparate Meters

This listing courtesy of Sean Hurley, Oceans Luxury Realty Full Service LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Ortona Elementary School

1265 N Grandview Ave, Daytona Beach, FL, 32118

Grades PK-5

1.19 miles away

R

Riverview Learning Center

801 N Wild Olive Ave, Daytona Beach, FL, 32118

Grades KG-12

1.19 miles away

R

Riverview Learning Center

801 N Wild Olive Ave, Daytona Beach, FL, 32118

Grades KG-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.