Homes for sale - 128 Ridgewood AVE, Holly Hill, FL 32117

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$ 999,000

Est. payment | -/mo

9 Baths

3,251 SqFt

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$ 999,000

Est. payment | -/mo

Save

9 Baths

3,251 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,251 sqft

Price per Sqft $307

MLS Listing ID 1215775

Year Built 1948

Annual Tax Amount $7,856

Acres 0.58

Property Sub-Type Hotel/Motel

Source Daytona Beach Area Association of REALTORS®

Property Description

GREAT OPPORTUNITY FOR A TURNKEY MOTEL, COASTAL CHALET SUITES. PROPERTY UNDERWENT A TWO-YEAR RENOVATION 3 YEARS AGO BRINGING THE PROPERTY TO 2022 CODE WITH A NEW ROOF. NEW TANKLESS WATER HEATERS. NEW FIRE ESCAPE PUT INTO EVERY UNIT. UNIT 7 HAS TWO BEDROOMS AND ADA COMPLIANT BATHROOM. BRAND NEW PARKING LOT. EVERY UNIT HAS A NEW MINI SPLIT HEAT AND AIR. OFFICE HAS A NEW HVAC SYSTEM. THIS PROPERTY IS A RARE OFFERING FOR A CASH COW MOTEL WITH NO DEFERRED MAINTENANCE. MOTEL CONSISTS OF 8 UNITS, A LARGE OWNERS SUITE WITH GRANITE COUNTERTOP KITCHEN, A LAUNDRY ROOM AND A STORAGE ROOM THAT HOUSES THE ROUTER AND CAMERA HARD DRIVE. THIS IS A MUST SEE. POTENTIAL ADD VALUE TO BUILD MORE UNITS IN THE REAR OF PROPERTY WHERE THERE ONCE WAS A BUILDING.

Location

State FL

County Volusia

Area 35 - Mason To Lpga E Of 95

Direction FROM MASON AVE HEAD NORTH ONTO US1. PROPERTY IS ON THE LEFT.

Region Holly Hill

City Region Holly Hill

Interior

Cooling Ductless, Wall Unit(s)

Flooring Terrazzo, Tile

Exterior

Parking Features Additional Parking, Parking Lot, RV Access/Parking

View Y/N No

Roof Type Shingle

Building

Lot Description Cleared

Water Public

Structure Type Block,Stucco

Others

Tax ID 4244-01-34-0220

Ownership Coastal Chalet Suites Llc

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Listed by Bryce Fremont • EXP Realty LLC

+1(386) 290-6047

ronak.patel@lptrealty.com

128 Ridgewood AVE Holly Hill, FL 32117