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468 Ridgewood Avenue, Holly Hill, FL 32117

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For Sale

$1,400,000

5 beds9 baths12,518 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $111.84
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

**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 grants contact 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.**
MLS# 1215168

Courtesy Of Oceans Luxury Realty Full Service LLC

(386) 236-3700

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Microwave, Refrigerator, Water - Instant Hot
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco
  • Floor Covering
    Carpet, Laminate, Tile
  • Lot Size
    1.03 Acres
  • Roof Type
    Metal

Home seller CENTURY 21 Sundance Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sundance Realty

(386) 441-2000
Learn More About Us

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