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128 Ridgewood Avenue, FL
Stellar MLS

$825K

128 Ridgewood Avenue

Daytona Beach, FL 32117

Listing updated: May 21, 2026 at 11:57 PM ET

Active
Stellar MLSListing courtesy of Dexter Realty Group · Glenda Dexter · MLS #TB8501724 · Active · 800-281-7858
3,251
Building SF
0.59
Acres
10
Units
1948
Built
$253.77
Per SF
Hotel/Motel13.73% cap rate$253.77/SF360° tour
Hotel/Motel

Property type

1948

Year built

3,251 SF

Building size

25,500 sqft

Lot size

$253.77

Price / SF

10

Units

09B4

Zoning

0

Days on market

Investment & cash flow

13.73%
Cap rate
$113K
NOI / yr
$107K
Gross income (Actual)
$85K
Annual expenses
7.7
GRM
$253.77
Price / SF

Figures provided by the listing broker — verify independently.

Business

Business name
Coastal Chalet Suites
Business type
Hotel/Motel

About this property

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!

Virtual tour

Facts & features

Property type
Business Opportunity
Sub type
Hotel/Motel
Status
Active
Days on market
0
Subdivision
Mason & Carswells Holly Hill
County
Volusia
Year built
1948
Building area
3,251 sq ft
Price/sq ft
$253.77
Lot size
25,500 sq ft
Units
10
Buildings
1
Stories
1
Road frontage
City Street
Annual taxes
$10K (2025)
Parcel #
424401340220
Zoning
09B4
MLS #
TB8501724

Utilities

Utilities
Public
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-05-20
On market date
2026-05-21
MLS area
32117 - Daytona Beach
Status changed
2026-05-21
Tax legal description
37-15-33 N 100 FT OF S 390 FT OF E 255 FT EXC RD BLK 34 1/2 MASON & CARSWELLS HOLLY HILL DB O PG 312 MB 14 PG 21 SUB OF MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 2209 PG 0297 PER OR 5719 PG 4000 PER OR 7954 PG 0714 PER OR 8244 PG 3 453 P

Location

Directions

take Ridgewood Ave going north, motel on left side across the street from the Krystals.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 21, 2026 at 11:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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