128 Ridgewood Avenue, Holly Hill, FL 32117

$789,000

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List Price
$789,000
Status
Active
Days on Market
2
MLS#
W7890790
Property Style
Hotel/Motel
Year Built
1948
Lot Size
3,251
Acres
0.59
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Mason & Carswells Holly Hill
MLS Area Major
Daytona Beach

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

Taxes Annual
$11050
Location
City Limits, Sidewalk, Paved
Community Features
No Deed Restriction
Property Description
One Story
Appliances
Dryer, Washer
Utilities
Public
Heating
Ductless
Air Conditioning
Office Only, Mini-Split Unit(s)
Exterior Construction
Block, Concrete
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
44-14-32-01-34-0220
Legal Description
37-15-33 N 100 FT OF S 390 FT OF E 255 FT EXC RD BLK 34 1/2 MASON & CARSWELLS HOLLY HILL DB O PG 312 MB 14 PG 21 SUB OF MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 2209 PG 0297 PER OR 5719 PG 4000 PER OR 7954 PG 0714 PER OR 8244 PG 3453 PER OR 8518 PG 1482

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

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