Overview
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About this home
1202 Ridgewood Ave is a 1984-built home in Mapleleaf Gardens Condo Motel, Holly Hill. Listed at $549,900 (about $260/sqft), 71 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $2,800 monthly.
CASH BUYERS ONLY. Fully occupied investment opportunity consisting of eight rented efficiency units. The property features a beautiful commercial-grade swimming pool completed in 2023, adding strong tenant appeal. Conveniently located along the Ridgewood Avenue corridor in Holly Hill, with easy access to Daytona Beach, Ormond Beach, shopping, dining, public transportation, and area beaches. An excellent opportunity for an investor seeking immediate rental income from multiple units in one location.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$549,900
$260 per sq ft
Size
2,112 sq ft
Time on market
71 days
Year built
1984
Monthly payment
About $6,328/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,619 annual tax bill, insurance, and the $2,800/mo HOA fee.
HOA fee
$2,800/mo
Managed by Call listing agent.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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