828 RIDGEWOOD AVENUE HOLLY HILL FL 32117 | MLS #O6443334

828 RIDGEWOOD AVENUE
HOLLY HILL, FL, 32117
$1,199,000
Beds
0 Baths
3,800 SqFt
0.56 Acres
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MLS #O6443334 image #0
Rare opportunity to acquire the Indian Palm Motel, a well-established 14-unit motel offering an attractive approximately 15% cap rate, strong existing cash flow, and significant upside potential. This is a true income-producing asset where the right owner/operator may be able to increase revenue and profitability through improved management, marketing, pricing, and targeted property enhancements.
Situated on approximately 0.56 acres along highly traveled Ridgewood Avenue/US-1 in Holly Hill, the property offers excellent visibility and accessibility, with 14 guest units, on-site office, coin-operated laundry, and 15 dedicated parking spaces.
Located approximately 3 miles from Daytona Beach and 5 miles from Daytona International Speedway, the motel benefits from year-round tourism, major events, seasonal travel, local business activity, and the continued growth of the Daytona Beach market.
The property has an established operating history and recurring demand, providing an investor with immediate cash flow and multiple opportunities to create additional value. A new owner who brings strong hospitality management and a proactive operating strategy could potentially push NOI and returns well beyond the current performance.
Strong yield, established income, prime location, and substantial value-add potential make the Indian Palm Motel an exceptional opportunity for an investor seeking a high-performing hospitality asset with room to grow.

Property Details

Price:
$1,199,000
MLS #:
O6443334
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL
Neighborhood:
32117daytonabeach
Listed Date:
Sep 21, 2026
Finished Sq Ft:
3,800
Total Sq Ft:
3,950
Lot Size:
24,480 sqft / 0.56 acres (approx)
Year Built:
1946
32117 – Daytona Beach32117daytonabeachToll & Williams Lt 01 Blk M & C Holly Hill

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Cooling
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Exterior

Construction Materials
Block
Direction Faces
East

Financial

Tax Year
2025
Taxes
$6,621

Map

Community

Market Summary

Current real estate data for Commercial in HOLLY HILL as of Oct 08, 2026
3
Commercial Listed
135
Avg DOM
210
Avg $ / SqFt
$506,000
Avg List Price

Property Summary

    Located in the TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL subdivision, 828 RIDGEWOOD AVENUE HOLLY HILL FL is a Commercial for sale in HOLLY HILL, FL, 32117. It is listed for $1,199,000 To schedule a showing of MLS#o6443334 at 828 RIDGEWOOD AVENUE in HOLLY HILL, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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828 RIDGEWOOD AVENUE
HOLLY HILL, FL