For SaleRisky Deal224 days on market
2801 RIDGEWOOD Avenue #1015
2801 RIDGEWOOD Avenue #1015, South Daytona, FL 32119, South Daytona, FL 32119
$225,000
Estimate®:$222,200
Listing Price
2801 RIDGEWOOD Avenue #1015, South Daytona, FL 32119
Loc: South Daytona, FL
Days Listed
224
Tax Assessed
$235k
Estimate®
$222k
Market Rate
Rent Estimate
$1,885/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Sugar Mill Elementary School
PK-5
0.9 mi away
4
Silver Sands Middle School
6-8
2.3 mi away
5
Atlantic High School
PK,9-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
high-risecondominiumwaterfrontstucco exteriorbalconiesswimming poolluxury livingsunsetcanal-sidecoastalmulti-storylandscaped groundsresort-style amenities
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.92%
Total ROI
87.5%
Cash Flow
$-58/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-58/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in South Daytona
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-26 | Price change | $225,000 | $157 |
| 2026-08-04 | Price change | $235,000 | $164 |
| 2026-07-24 | Price change | $249,900 | $174 |
| 2026-07-01 | Price change | $269,000 | $187 |
| 2026-04-22 | Price change | $329,900 | $230 |
| 2026-02-27 | Price change | $339,900 | $237 |
| 2026-02-11 | Listed for sale | $345,000 | $240 |
| 2024-01-11 | Listing removed | $0 | – |
| 2023-07-25 | Listed for sale | $389,900 | $272 |
| 2022-03-18 | Sold | $350,500 | $244 |
| 2022-03-15 | Pending sale | $354,900 | $247 |
| 2022-02-07 | Contingent | $354,900 | $247 |
| 2022-01-25 | Listed for sale | $354,900 | $247 |
| 2019-12-06 | Sold | $260,000 | $181 |
| 2019-10-27 | Pending sale | $270,000 | $188 |
| 2019-09-10 | Listed for sale | $270,000 | $188 |
| 2017-08-22 | Listing removed | $1,495 | $1 |
| 2017-07-27 | Listed for rent | $1,495 | $1 |
| 2009-09-04 | Sold | $225,000 | $157 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,766.63 | $234,745 |
| 2024 | $3,712.26 | $230,841 |
| 2023 | $3,630.28 | $224,118 |
| 2022 | $4,087.89 | $249,724 |
| 2021 | $0 | $242,450 |
| 2020 | $4,674.35 | $219,220 |
| 2019 | $4,674.35 | $204,500 |
| 2018 | $4,352.17 | $198,175 |
| 2017 | $4,253 | $178,510 |
| 2016 | $3,987.1 | $186,790 |
| 2015 | $4,191.51 | $167,470 |
| 2014 | $3,963.68 | $180,120 |
| 2013 | $0 | $147,345 |
| 2012 | $0 | $149,321 |
| 2011 | $0 | $153,020 |
| 2010 | $0 | $160,200 |
| 2009 | $0 | $225,720 |
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