128 Ridgewood Avenue, Daytona Beach, FL 32117

$789,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$789,000
Status
Active
MLS#
W7890790
Property Type
Hotel/Motel
Lot Size
3,251
Region
Daytona Beach
County
Volusia
Acres
0.59
Year Built
1948

Property Description

A Distinctive Hospitality Investment Opportunity in Daytona Beach 9 Rentable Units | 10 Bedrooms | Fully Furnished | 0.59 Acres | Established Motel Property | Single-Story Building | Prime US-1 Frontage | High-Visibility Commercial Corridor | On-Site Parking | ADA-Designated Guest Suite | Two-Bedroom Penthouse | Office & Potential Owner/Manager Accommodations | Boutique Hospitality Potential | Investment & Repositioning Opportunity | Convenient Access to Daytona Beach Attractions An exceptional opportunity to reimagine a hospitality property in one of Florida’s most celebrated coastal destinations. Ideally positioned along the established Ridgewood Avenue (US-1) commercial corridor, 128 Ridgewood Avenue offers investors and hospitality entrepreneurs a compelling opportunity to acquire and reposition a motel property within the greater Daytona Beach market.Set on approximately 0.59 acres, this single-story property features nine rentable accommodations comprising seven standard guest rooms, one ADA-designated guest suite, and a two-bedroom penthouse, providing a total of ten bedrooms. Offered fully furnished, the property includes an existing lodging configuration, on-site parking, and prominent frontage along a well-traveled commercial thoroughfare. Its established layout provides a versatile foundation for a renewed hospitality concept, boutique accommodations, or an owner-operated lodging business. The penthouse includes a living room, two bedrooms, a bathroom, kitchen, and dining area, offering additional potential for guest accommodations or owner/manager use, subject to applicable requirements.A location defined by accessibility, recreation, and opportunity. Situated just inland from the Atlantic coastline, the property enjoys convenient access to Daytona Beach’s renowned attractions, including Daytona International Speedway, the Daytona Beach Boardwalk, and the Ocean Center. The surrounding destination is distinguished by its coastal lifestyle, celebrated motorsports heritage, year-round events, entertainment, dining, and recreational offerings.For the discerning investor, the property's appeal extends beyond its existing hospitality configuration. Its Ridgewood Avenue presence and parcel size present possibilities for thoughtful renovation, strategic repositioning, or alternative commercial applications, subject to applicable zoning, regulatory approvals, and independent due diligence.Whether envisioned as a revitalized roadside retreat, an intimate boutique lodging destination, or a long-term commercial investment, 128 Ridgewood Avenue presents an opportunity to bring a distinctive vision to an established coastal market.A property of possibility. A location of enduring appeal. An opportunity to create what comes next.

Additional Information

Land Type
No Deed Restriction
Appliances
Dryer, Washer
Lot Size
3,251
Construction
Block, Concrete
Year Built
1948
Heating
Ductless
Subdivision
Mason & Carswells Holly Hill
Style
One Story

Listing courtesy of FLORIDAS A TEAM REALTY. 352-556-2865

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

MFR MLS is the source of this information via Internet Data Exchange Program. 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 independently 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. Data last updated on