128 RIDGEWOOD AVENUE, DAYTONA BEACH, FL 32117 | MLS #MFRTB8501724 | Berkshire Hathaway HomeServices Florida Network Realty
 
Listing provided courtesy of DEXTER REALTY GROUPas Distributed by MLSGrid- MLS# MFRTB8501724MLS Provider

128 RIDGEWOOD AVENUEDAYTONA BEACH, FL 32117

Commercial · 2,540 Sq. ft. | 0.59 Acres
$825,000 Active

128 RIDGEWOOD AVENUE Overview

Time on Site:
40 days
Visits:
0

Short Sale. Income-Producing 8-Room Motel with Owner’s Penthouse/Office Opportunity – Prime Location on Ridgewood Ave Exceptional investment opportunity located at 128 Ridgewood Ave! This 8-room motel offers strong income potential with endless possibilities for an owner-operator, investor, or hospitality entrepreneur. Situated on a high-visibility corridor, this property combines steady lodging revenue with the added benefit of an on-site office or spacious penthouse living quarters. The property features eight guest rooms designed for short- or long-term stays, ample parking, and excellent exposure to both local and traveling traffic. The attached office/penthouse provides flexibility for on-site management, private owner accommodations, or additional rental income. Whether you’re looking to expand your investment portfolio, operate a boutique roadside motel, or create a live/work hospitality business, this property offers tremendous upside potential. Conveniently located near shopping, dining, major roadways, and area attractions, this motel is positioned to attract both repeat and transient guests. Don’t miss this rare chance to own an income-producing property with built-in residential or management space in a growing area!

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128 RIDGEWOOD AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 2,540
  • Price/Sq.ft. $325
  • Lot 0.59 Acres

Details

General

Income/Expenses

  • Gross Income: 106747
  • Gross Scheduled Income: 208800
  • Net Operating Income: 113261

Building Information

  • New Construction: No
  • Year Built: 1948
  • Year Established: 2024

Business Information

  • Business Name: Coastal Chalet Suites
  • Business Type: Hotel/Motel

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 32117 - Daytona Beach
  • Subdivision Name: MASON & CARSWELLS HOLLY HILL
  • Township: 14S

Tax Information

  • Tax Annual Amount: 9687.57
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Private Financing Available
  • Ownership: LLC
  • Parcel Number: 424401340220
  • Property Sub Type: Hotel/Motel
  • Property Type: Business Opportunity
  • Special Listing Conditions: Short Sale
  • Zoning: 09B4

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3251
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Accessible Bedroom,Accessible Entrance,Accessible Full Bath
  • Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Cooling: Office Only,Mini-Split Unit(s)
  • Flooring: Laminate,Tile
  • Foundation Details: Slab
  • Heating: Ductless
  • Levels: One
  • Living Area: 2540
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Security Features: Security System,Security System Owned,Smoke Detector(s)
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.59
  • Lot Size Dimensions: 100x255
  • Lot Size Square Feet: 25500
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Concrete
  • Roof: Shingle

General Information

  • Number Of Units Total: 10
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public

128 RIDGEWOOD AVENUE Neighborhood

Community

32117 (Holly Hill) Demographics

42
Median Age
2,359
Population Density (per sq. mile)
27%
College Educated
$40,659
Estimated Median Income
5,565
Estimated Total Home Owners
5,684
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

128 RIDGEWOOD AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

128 RIDGEWOOD AVENUE Market Data

Based on the last 30 days in this zip code

$276,412
Average List Price
$197
Average Price per Square Foot
30
Properties Sold
143
Average Days on Market
311
Properties for Sale
Calculations provided by Reliance Network

128 RIDGEWOOD AVENUE History

Date Event Value Agent
5/21/2026Source: My Florida Regional MLS Added to Database
May 21, 2026