Address
1202 Ridgewood Avenue, Holly Hill, FL
Price
$ 1,820,000
Property Attributes
  • MLS#1122957
  • TypeIncome
  • CountyVOLUSIA
  • CityHolly Hill
  • AreaLPGA to Granada - E of Nova
  • NeighborhoodNot On The List
  • Zip32117
  • StyleMulti Family
  • Year Built1984
  • Taxes$ 410
  • Price$ 1,820,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7392
  • Lot Size3.17 Acres
Data Source:
Daytona Beach AOR
Property Description

Welcome to this exceptional investment opportunity! This listing comprises 28 condotels located in a prime area with convenient access to public transportation. With high occupancy rates, these units offer a reliable and steady income stream, making them ideal for both short-term and extended stays. Each condotel includes a kitchenette equipped with a refrigerator and stove.The complex also features an in-ground community pool, perfect for relaxation and outdoor enjoyment.This investment package can be divided into units of 10, providing flexibility in purchasing.You can also choose to live in one of the condotels and rent out the rest, making it an even more affordable option.The HOA fee is $265 per unit and covers a comprehensive list of amenities, including water, electricity, gas, internet, cable, lawn care, pool care, and pest control.Whether you're an experienced investor or new to real estate, this listing represents a rare opportunity to acquire a profitable asset with proven success in a thriving location. Contact us today for more information and to schedule a viewing. All information is intended to be accurate but cannot be guaranteed. Buyer to verify.

Price History
4/30/2024 Listed $1,820,000

General Features

Cooling Wall/Window Unit(s)
Appliances Refrigerator,Electric Range
Exterior Features Other
Pool Features Community,In Ground
Year Built 1984
Property SubType Multi Family
Tax Year 2023
Current Use Multi-Family
HOA Fee 2 265.0
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name Not On The List
Garage Y/N No
Status Active
Directions North on US 1 from LPGA about a mile on your left.
ModificationTimestamp 2024-06-07T18:25:38Z
City Holly Hill
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 28
MLS Area 41 - LPGA to Granada,E of Nova
Lot Size Units Acres
Lot Size Square Feet 138085.2
Waterfront Y/N No
Carport Y/N No
HOA Fee 2 Frequency Monthly
Tax Annual Amount 410.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 41 - LPGA to Granada,E of Nova
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 48
Standard Status Active
MobileHomeRemainsYN No
Legal Description UNIT 104 MAPLELEAF GARDENS CONDO MOTEL PER OR 2490 PG 1677 PER OR 4036 PG 1643 PER OR 6749 PG 2469 PER OR 6763 PG 2276

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Electric On Property Y/N No
LivingAreaSource Appraiser

Exterior Features

Parking Features Off Street
Water Source Public
Lot Size Area 3.17
Spa No
Building Area Total 7392.0
Lot Size Acres 3.17
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32117

Price
AVG $830K
$1.82M
Taxes
AVG $2,664
$410
Visits
AVG 282
85
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1984