Holly Hill, FL 32117,468 Ridgewood AVE
Holly Hill, FL 32117,468 Ridgewood AVE
Holly Hill, FL 32117,468 Ridgewood AVE
Holly Hill, FL 32117,468 Ridgewood AVE
Holly Hill, FL 32117,468 Ridgewood AVE
Holly Hill, FL 32117,468 Ridgewood AVE
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Rey Perez

Rey Perez

+1(407) 443-6666
$ 1,300,000
Est. payment | /mo

5 Beds

9 Baths

12,518 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

5 Beds

9 Baths

12,518 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,518 sqft

Price per Sqft $103

Subdivision Not On The List

MLS Listing ID 1215168

Bedrooms 5

Full Baths 9

Year Built 1947

Annual Tax Amount $9,911

Lot Size 1.030 Acres

Lot Dimensions 1.03

Property Sub-Type Multi Family

Source Daytona Beach Area Association of REALTORS®

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.**

Location

State FL

County Volusia

Community Not On The List

Direction From US 1 and Mason, go north on US 1, property. of left after 3rd. street

Interior

Heating Central, Electric, Hot Water, Separate Meters

Cooling Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit, Wall/Window Unit(s), Individual

Exterior

Parking Features Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned

Garage Spaces 7.0

Utilities Available Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Metal

Total Parking Spaces 7

Garage Yes

Building

Lot Description Cleared

Water Public

Structure Type Block,Stucco

New Construction No

Others

Senior Community No

Tax ID 4244-01-22-0310

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Oceans Luxury Realty Full Service LLC

GET MORE INFORMATION

Rey Perez
Rey Perez

REALTOR® | Lic# 3353677

+1(407) 443-6666

7362 Futures Drive Unit #18, Orlando, FL, 32819, USA

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468 Ridgewood AVE