Top-Tier Redevelopment Property | Prime Daytona Location

Top-Tier Redevelopment Property | Prime Daytona Location

Member since 2026 · 1 post · 1 vote

Rare Adaptive-Reuse Investment Opportunity | Daytona Beach, FL

Positioned along the high-visibility S. Ridgewood Avenue / US-1 corridor, 934 S. Ridgewood Avenue offers a unique opportunity to acquire an extensively renovated, high-capacity commercial residential property. Spanning over 9,000 square feet, the building features 25 bedrooms (many with private ensuite baths) and 5 fully independent apartments.

Substantial capital improvements—including updated roofing, windows, electrical, plumbing, and HVAC systems—allow a new owner to capitalize on a fully modernized physical asset without the burden of immediate major renovation costs.

Delivered completely vacant with no historical operating ties, the property serves as a blank canvas. Investors or institutional operators can implement a custom operational model tailored to market demand.

Key Property Features

  • Flexible Layout: 25 bedrooms (many with private baths) plus 5 independent self-contained apartments.

  • Turnkey Infrastructure: Extensive updates to roofing, HVAC, electrical, plumbing, and windows.

  • Substantial Scale: 9,000+ total square feet of versatile living space.

  • Prime Accessibility: Convenient access to Downtown Daytona Beach, local universities, medical centers, and major employment corridors.

  • Immediate Repositioning: Fully vacant asset offering maximum operational flexibility.

Potential Uses (Subject to local zoning and licensing approvals)

  • Workforce or shared residential housing

  • Student or institutional housing

  • Transitional or supportive living facilities

  • Group housing or specialized residential programs

  • Boutique or extended-stay hospitality

Contact the listing agent to request floor plans, detailed renovation specifications, due diligence materials, or to schedule a private tour.

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  • Real Estate Agent · East Central Florida · Member since 2021 · 121 posts · 94 votes
    2w

    This is a great property and location. Could be an excellent group/student living. Several colleges within just a couple miles! Nice listing @David Hart

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