468 Ridgewood Avenue
Holly Hill, FL 32117

Listed at $1,300,000

Details

  • MLS# 1215168
  • Multi Unit - Multiple
  • Status Active
  • 5 Bedrooms
  • 9 full Bathrooms
  • 12,518 Square Feet
  • 1.030 acres
  • Built in 1947
  • Local Schools

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...read more 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 ownerssuite, 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.**Dont miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**

Features

  • Tankless Water Heater
  • Refrigerator
  • Microwave
  • Instant Hot Water
  • Electric Water Heater
  • Electric Oven
  • Central Air, Electric, Multi Units, Separate Meters, S
  • Carpet
  • Laminate
  • Tile
  • Central, Electric, Hot Water, Separate Meters
  • 2.0 Stories
  • $9,911 Taxes
  • Public
  • Built in 1947
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Tankless Water Heater, Refrigerator, Microwave, Instant Hot Water, Electric Water Heater, Electric Oven
  • Cooling: Central Air, Electric, Multi Units, Separate Meters, S
  • Days on Site: 249
  • Directions: From US 1 and Mason, go north on US 1, property. of left after 3rd. street
  • Exterior: Block, Stucco
  • Flooring: Carpet, Laminate, Tile
  • Fuel Type: Electric
  • Garage: 7 car attached
  • Heating: Central, Electric, Hot Water, Separate Meters
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Listing Terms: Cash, Conventional
  • Lot Description: Cleared
  • Lot Dimensions: 150.0 ft x 289.0 ft
  • Lot Size: 1.03 Acres
  • Parcel #: 4244-01-22-0310
  • Parking: Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned
  • Property Attached Y/N: No
  • Property Sub-Type: Multi Family
  • Road Frontage: City Street, Highway
  • Roof Type: Metal
  • Security Features: Closed Circuit Camera(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • SQFT Total: 12518
  • Stories: 2.0
  • Taxes: $9,911
  • Units: 12
  • Utilities: Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water: Public
  • Year Built: 1947