501 RIDGEWOOD AVE, DAYTONA BEACH, FL 32117

$1,250,000

Pending · 167 days on market · MLS# MFRV4943993

Living area2,999 sq ft
Lot size1.78 acres
Year built1969
Property typeMixed Use
WaterfrontYes
Annual taxes$1,966
CountyVolusia

About this home

Under contract-accepting backup offers. Incredible opportunity on US-1, this high visibility commercial property offers over 1.78 acres of land with excellent signage and frontage along Ridgewood Avenue in Holly Hill. Located in a designated Opportunity Zone and zoned CC-1 Commercial, the site allows for a wide range of uses including retail, professional or medical offices, multifamily development, and community-based services. The property includes four separate structures: a nearly 10,000 sq ft two-story building, a 1,600 sq ft single-family residence with a detached 2-car garage, a 550 sq ft standalone café/retail building fronting US-1, and additional land with room for future development or expansion. With ample parking, quality construction, and space to build, this property is ideal for redevelopment, owner-occupant use, or investment. While the structures are solidly built, they are ready for modern updates. With approximately 28,000 vehicles daily, strong visibility, and a prominent location on one of Holly Hill's busiest corridors, this is a rare and valuable acquisition opportunity.

Listing courtesy of Walter Borgen, RE/MAX SIGNATURE. Presented by MC Homes Realty Inc · 727432218.

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