TomEdrington- Commercial Division Manager
BEDS0
BATHS
SQUARE FEET2,112
MLS#FC320402
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMAPLELEAF GARDENS CONDO MOTEL
Property Description
CASH BUYERS ONLY. Fully occupied investment opportunity consisting of eight rented efficiency units. The property features a beautiful commercial-grade swimming pool completed in 2023, adding strong tenant appeal. Conveniently located along the Ridgewood Avenue corridor in Holly Hill, with easy access to Daytona Beach, Ormond Beach, shopping, dining, public transportation, and area beaches. An excellent opportunity for an investor seeking immediate rental income from multiple units in one location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric, Ductless
Lot Size: 0.01 Acres
Roof Type: Roof Over
Stories: 1.0
Taxes: $4,619
Year Built: 1984
Amenities
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Sidewalk
Feature Descriptions
Annual Net Income: 49476.00
Appliances: Cooktop, Refrigerator
Community Features: Pool, Street Lights
Directions: from 95 and LPGA, head east bound on LPGA until the intersection of LPGA and Ridgewood Ave, turn left onto Ridgewood Ave, the complex will be on the left hand side.
Exterior: Concrete
Flood Zone Code: X
Flooring: Tile
Foundation: Block
HOA Fee: 2800/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Listing Terms: Cash
Ownership: Condominium
Parking: Common
Parking Notes: Common
Patio/Porch: None
Pets Allowed: No
Pool: In Ground
Property Attached Y/N: Yes
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: CONDO
Listed By / Shown By
Listed By
Agency Name: 3 DOT REALTY LLC
Agency Contact: 386-235-0670
Shown By
Agent Name: Tom Edrington- Commercial Division Manager
Agent Phone: (813) 972-3430
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,769.14 per month $1,223.84 Principal & Interest $384.92 Property Tax $160.39 Homeowner's Insurance
1202 Ridgewood Avenue | MLS# FC320402
This multi-family property located at 1202 Ridgewood Avenue , Holly Hill, FL 32117 is currently listed for sale with an asking price of $549,900. Search Holly Hill real estate on tedrington.floridaexecutiverealty.com today.