Refine Search

828 Ridgewood Avenue, Daytona Beach, FL 32117

$1,299,000

13 Total Photos [Click to View All]

Property Description

Fantastic investment opportunity on Ridgewood Avenue in Holly Hill/Daytona Beach! The In dian Palm Motel is a well-established hospitality property featuring 14 income-producing units, an on-site office, coin-operated laundry facilities for guests, and 16 dedicated parking spaces on a 0.56-acre parcel. With excellent frontage and visibility along busy US-1, this motel enjoys an impressive year-round occupancy rate, making it a strong and reliable cash-flowing asset.Originally built in 1946, the property has operated successfully for decades and continues to benefit from steady demand from both local and tourist markets. Its convenient layout, manageable size, and built-in amenities provide an easy-to-operate business model that appeals to both seasoned hospitality operators and first-time investors seeking an accessible entry point into the motel business.The location is a standout feature: just 5 miles from the world-famous Daytona International Speedway and less than 3 miles from the Daytona Beach shoreline, this property attracts year-round visitors, seasonal travelers, and event-driven demand. Ridgewood Avenue/US-1 is one of Volusia County's busiest commercial corridors, ensuring high traffic counts, strong visibility, and easy access for guests.For investors, the site offers not only a proven operating business but also future upside. The 0.56-acre lot provides potential for improvements, repositioning, or even redevelopment to maximize returns in a thriving market that continues to grow with tourism, residential, and commercial development.Whether you are seeking a stable income-generating hospitality property or a site with long-term development potential, the In dian Palm Motel presents a unique opportunity in one of Florida's most active coastal markets.

828 Ridgewood Avenue | MLS# O6338499

This commercial property located at 828 Ridgewood Avenue, Daytona Beach, FL 32117 is currently listed for sale with an asking price of $1,299,000. Search Daytona Beach real estate on tiffanym.watsonrealtycorp.com today.

Property Features

Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Lot Size: 0.56 Acres
Stories: 1.0
Taxes: $6,111
Year Built: 1946
Square Feet: 3,950

Feature Descriptions

Days on Site: 190
Directions: From 121 S Orange Ave in downtown Orlando, head east on East South Street for 0.3 miles and take the ramp to merge onto FL-408 East. Continue on FL-408 East for 8.2 miles, then use Exit 18 to merge onto I-4 East toward Daytona Beach. Stay on I-4 East for
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.56
Ownership: Other
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Showing Instructions: Call Listing Agent 2,Call Before Showing, Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: 09B4

Listed By / Shown By

Listed By

Agency Name: INTERMIX REAL ESTATE INC
Agency Contact: 407-717-0776

Shown By

Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®

IDX logo

Login to My Homefinder

Pixel