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$ 1,400,000

Est. payment -/mo

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468 Ridgewood AVE Holly Hill, FL 32117

12,518 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,518 sqft

Price per Sqft $111

MLS Listing ID 1214269

Year Built 1947

Annual Tax Amount $9,911

Lot Size 1 Sqft

Acres 1.03

Property Sub-Type Mixed Use

Source Daytona Beach Area Association of REALTORS®

Property Description

**Unique Investment Opportunity in Holly Hill's Redevelopment Area**
Discover an exceptional mixed-use commercial property with incredible potential in Holly Hill's thriving redevelopment zone. This CC1 zoned property offers 150 feet of frontage along US1 and spans 1.03 acres, making it an ideal investment for developers, business owners, or investors seeking income and growth opportunities.
**Property Highlights:**
- **Prime Location:** Just 4 miles from Halifax Hospital, Daytona International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry Riddle. Easy access to the Beachside A1A Corridor (5 miles), I-95 (6 miles), and I-4 (8 miles).
- **Flexible Spaces:** Comprising three stand-alone block buildings totaling over 12,000 sq ft, all featuring new galvanized metal roofs (installed in 2014 and 2017).
- **Building 1:** Approximately 10,250 sq ft, two-story structure with two commercial units, seven storage units, an owner's suite, and four unfinished units. Upgraded with two new HVAC units and four mini-split systems for efficient climate control.
- **Building 2:** Around 1,420 sq ft with three residential units two studio apartments and one one-bedroom apartment ideal for rental income or multi-use purposes.
- **Building 3:** A 640 sq ft one-bedroom residential unit, offering additional rental or owner occupancy options.
- **Additional Features:** A half-acre fenced rear lot currently used for RV, boat, and trailer storage, providing extra income or expansion possibilities.
**Redevelopment & Investment Potential:**
This property is situated in a burgeoning area with access to redevelopment grantscontact the City of Holly Hill for details. Its strategic location and versatile layout make it perfect for commercial, residential, or mixed-use development projects.
**Don't miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**

Location

State FL

County Volusia

Area 35 - Mason To Lpga E Of 95

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

Region Holly Hill

City Region Holly Hill

Interior

Heating Central, Electric, Varies by Unit

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

Flooring Carpet, Concrete, Laminate, Tile

Heat Source Central, Electric, Varies by Unit

Exterior

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

Fence Chain Link

Utilities Available Electricity Connected, Water Connected

View Y/N No

Roof Type Metal

Road Frontage City Street, Highway

Building

Lot Description Split Possible

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

Others

Tax ID 4244-01-22-0310

Ownership C Largo Llc

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Sean Hurley • Oceans Luxury Realty Full Service LLC

Get CASH back at closing when Precision Approach Realty helps you BUY!

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