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$1,299,000
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Property Description
Fantastic investment opportunity on Ridgewood Avenue in Holly Hill/Daytona Beach! The In dian Palm Motel is a well-established hospitality property featuring 14 income-producing units, an on-site office, coin-operated laundry facilities for guests, and 16 dedicated parking spaces on a 0.56-acre parcel. With excellent frontage and visibility along busy US-1, this motel enjoys an impressive year-round occupancy rate, making it a strong and reliable cash-flowing asset. Originally built in 1946, the property has operated successfully for decades and continues to benefit from steady demand from both local and tourist markets. Its convenient layout, manageable size, and built-in amenities provide an easy-to-operate business model that appeals to both seasoned hospitality operators and first-time investors seeking an accessible entry point into the motel business. The location is a standout feature: just 5 miles from the world-famous Daytona International Speedway and less than 3 miles from the Daytona Beach shoreline, this property attracts year-round visitors, seasonal travelers, and event-driven demand. Ridgewood Avenue/US-1 is one of Volusia County's busiest commercial corridors, ensuring high traffic counts, strong visibility, and easy access for guests. For investors, the site offers not only a proven operating business but also future upside. The 0.56-acre lot provides potential for improvements, repositioning, or even redevelopment to maximize returns in a thriving market that continues to grow with tourism, residential, and commercial development. Whether you are seeking a stable income-generating hospitality property or a site with long-term development potential, the In dian Palm Motel presents a unique opportunity in one of Florida's most active coastal markets.
Full Property Details
Full Property Details for 828 Ridgewood Ave
General
- Price: $1,299,000
- Taxes: $6,111 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: O6338499
- Updated: 9/16/2025
- Added to Site: 184 day(s) ago
Location
- Area: 32117 - Daytona Beach
- County: Volusia
- Development Name: 32117 - Daytona Beach
- Subdivision: TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL
- Driving Directions: From 121 S Orange Ave in downtown Orlando, head east on East South Street for 0.3 miles and take the ramp to merge onto FL-408 East. Continue on FL-408 East for 8.2 miles, then use Exit 18 to merge onto I-4 East toward Daytona Beach. Stay on I-4 East for 44.5 miles until you reach Exit 260B for I-95 North toward Jacksonville. Merge onto I-95 North and continue for 5.3 miles, then take Exit 265 for LPGA Boulevard. Turn right onto LPGA Boulevard and travel 4.3 miles to reach US-1/Ridgewood Avenue. Turn right onto Ridgewood Avenue and continue 2.1 miles south; the property at 828 Ridgewood Avenue will be on your right.
- Direction Faces: East
Community
- Community Name: 32117 - Daytona Beach
- Management Type: On Site Property Manager
- Mgmt. Company: On Site Property Manager
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Structural Information
- # Buildings: 3
- Exterior Const.: Block, Stucco
- Square Feet: 3,800
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,480
- Lot Size: 24480
- Lot Dimensions: 90 x 272
- Frontage: Other
- Street/Road Desc.: Asphalt, Brick, Concrete, Paved
Financial Considerations
- Tax Amount: $6,111.59
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: LOT 4 EXC N 8.99 FT SUB LOT 1 BLK 8 M & C HOLLY HILL MB 2 PG 154 PER OR 3728 PG 0816 PER OR 5336 PG 4738 PER OR 7147 PG 4741 PER OR 8168 PG 1353 PER OR 8440 PG 3620
- Flood Zone Info: X
- APN: 533741010040
- Property ID: 533741010040
- Block/Lot/Section: 8
Listed by Intermix Real Estate Inc and Genstone Realty
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Price & Sales History for 828 Ridgewood Ave
Date
Details
Price
Change
Source
8/27/2025
Listed
$1,299,000
376.7%
MLS
7/30/2015
Sold
$272,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 828 Ridgewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,693
10%
$410,574
9%
2024
$6,112
13%
$376,368
33%
2023
$5,395
5%
$282,207
7%
2022
$5,135
8%
$264,154
26%
2021
$4,770
—
$209,180
-27%
2021
$4,770
-18%
$285,076
9%
2019
$5,807
-6%
$262,031
-4%
2018
$6,169
2%
$272,479
5%
2017
$6,075
6%
$260,460
12%
2016
$5,720
111%
$233,568
150%
2015
$2,710
1%
$93,418
-1%
2014
$2,671
-7%
$94,276
-7%
2013
$2,882
—
$101,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 828 Ridgewood Ave
828 Ridgewood Avenue, Daytona Beach, FL 32117 (MLS# O6338499) is a Commercial property. 828 Ridgewood Avenue is currently listed for $1,299,000 and was received on August 27, 2025. Want to learn more about 828 Ridgewood Avenue? Do you have questions about finding other Commercial real estate for sale in Daytona Beach? You can browse all Daytona Beach real estate or contact a Coldwell Banker agent to request more information.

