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, Holly Hill, FL 32117
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$ 1,200,000
Est. payment | /mo

12,518 SqFt


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$ 1,200,000
Est. payment | /mo
Save

12,518 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,518 sqft

Price per Sqft $95

MLS Listing ID 1214269

Year Built 1947

Annual Tax Amount $9,911

Lot Size 1.030 Acres

Lot Dimensions 1.03

Property Sub-Type Mixed Use

Source Daytona Beach Area Association of REALTORS®

Property Description

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor
An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning.
Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.

Location

State FL

County Volusia

Direction From Ridgewood (US 1) & Mason, go north on Ridgewood property on left after 3st

Interior

Heating Central, Electric, Varies by Unit

Cooling Central Air, Electric, Multi Units, Separate Meters, Ceiling Fan(s), Wall Unit(s)

Exterior

Parking Features Additional Parking, Attached, Garage, Gated, Off Street, Parking Lot, RV Access/Parking, Secured, Varies by Unit

Utilities Available Electricity Connected, Water Connected

Roof Type Metal

Building

Lot Description Split Possible

Water Public

Structure Type Block,Stucco

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

Nearby Locations

Viktoriia Prytula

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468 Ridgewood AVE