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1340 Ridgewood Avenue

1340 Ridgewood Avenue, Daytona Beach, FL 32117
Commercial in Ormond Beach
1340 Ridgewood Avenue has been categorized by the local assessors in Daytona Beach, FL as a commercial type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1971. The home has a total of 2 bedrooms. Residents will have access to 126 full bathrooms. There are 190 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1340 Ridgewood Avenue has 98,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 2,400 ft. The area measurement of the land has been determined as 273,688 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1340 Ridgewood Avenue sold most recently in Aug 8, 2023 for a total of $6,400,000. If you work out the math, that's approximately a cost of $60.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $115,934 in taxes each year. 1340 Ridgewood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,812,531. If we break it down further, the land itself was valued at $978,435. Improvements to the property, however, were assessed at a total of $4,834,096. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210719
07/19/2021
Loft
-
98310 ft²
$7,900,000
bedrooms
Loft
bathrooms
-
square feet
98310 ft²
-
-
-
G.G. Galloway
Coldwell Banker Commercial Benchmark

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1971
  • Building Count: 4
  • Bedroom Count: 2
  • Bathroom Count: 190
  • Full Bathrooms: 126
  • Partial Bathrooms: 190
  • Bathroom Plumbing Fixtures: 268
  • Building Quality: C+
  • Construction Type: Concrete
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 273,688
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 2,400
  • Total Building Area: 105,695
  • Gross Building Area: 105,695
  • Building Area: 105,695
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 98,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Commercial
  • Subdivision: MAGNOLIA PK MB
  • Land Acres: 6.283
  • Standard Land Use Code: Commercial (general)
  • State Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: S 641.9 FT OF W 294 FT OF LOT 50 EXC RD HOPKINS MAP FITCH GRANT & LOTS 2 TO 8 INC & E 88 FT ON N/L & E 55.75 FT ON S/L OF LOT 1 BLK 3 MAGNOLIA PK MB 11 PG 180 & LOTS 1 TO 9 INC BLK 1 HOLLY HEIGHTS PLAT NO 2 EXC RD PER OR 3886 PG 4983 PER OR 6309 PG 3

Ownership

  • Current Owner : HOLLY HILL QOZ SELF-STORAGE LLC
  • Previous Owner : FLORIDA HEALTH CARE PLAN INC
  • Owner Before Previous Owner: FLORIDA HEALTH CARE PLAN INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 08, 2024

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 081001

Zoning

  • Zoning: 09R7

Geography

  • Assessors Map Reference: E1-0028-35
  • Account Number: 3199359
  • Subdivision Tract Number: 40
  • Parcel: 4242-40-50-0040
  • Block: 1,3
  • Lot: 1,50
  • Meridian: SEC 42 TWN 14S RNG 32E
  • Municipality: HOLLY HILL
  • Latitude: 29.2505
  • Longitude: -81.045

    Address

  • Full Address: 1340 Ridgewood Ave
  • Address - House Number: 1340
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Daytona Beach
  • Carrier Code: C061
  • 4-Digit Zip Code: 2320
  • Zip Code: 32117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $115,934
  • Tax Rate Code Area: 203

    Market Valuation

  • Market Total Value: $5,812,531
  • Market Land Value: $978,435
  • Market Improvement Value: $4,834,096

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,812,531
  • Assessed Land Value: $978,435
  • Assessed Improvements Value: $4,834,096

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Transaction ID: 11912030021
  • Current Sale Price: $6,400,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 163839
  • Previous Sale Recording Date: Jan 05, 2009
  • Previous Sale Contract Date: Dec 23, 2008
  • Previous Sale Document Type: Special Warranty Deed

About Holly Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1340 Ridgewood Avenue located in?
The 1340 Ridgewood Avenue is a commercial located in the neighborhood of Ormond Beach in Holly Hill, Daytona Beach.
What is the average sales price for listings in 1340 Ridgewood Avenue?
The average sales price for units in 1340 Ridgewood Avenue is $0 currently.

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