# 828 RIDGEWOOD Avenue, Holly Hill, FL 32117 > **TL;DR:** commercial, $1,199,000 ($316/sqft), built 1946, 3,800 sqft. > A/C. Est. $6,413/mo. Listed 37 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,199,000 | | Price/sqft | $316 | | Square Feet | 3,800 | | Year Built | 1946 | | Lot Size | 24,394 sqft (0.56 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 37 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,063 | | Estimated Insurance | $350 | | **Total** | **$6,413** | ## Key Amenities - A/C ## Property Highlights - Built in 1946 - 0.56 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 828 RIDGEWOOD Avenue, Holly Hill, FL 32117 - **County:** Volusia - **Neighborhood:** TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL - **Coordinates:** 29.239938, -81.039105 - **Google Maps:** https://www.google.com/maps?q=29.239938,-81.039105 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/O6443334 ## Listing Agent - **Name:** Sulamita Del Valle - **Brokerage:** JUPITER PROPERTIES INC - **Broker Phone:** (386) 547-6161 ## Photos ![828 RIDGEWOOD Avenue - Photo 1](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f2772835964r.jpg) ![828 RIDGEWOOD Avenue - Photo 2](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f3687114263r.jpg) ![828 RIDGEWOOD Avenue - Photo 3](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f63162884r.jpg) ![828 RIDGEWOOD Avenue - Photo 4](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f4202811547r.jpg) ![828 RIDGEWOOD Avenue - Photo 5](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f3909072427r.jpg) ![828 RIDGEWOOD Avenue - Photo 6](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f3978470958r.jpg) ![828 RIDGEWOOD Avenue - Photo 7](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f1212566140r.jpg) ![828 RIDGEWOOD Avenue - Photo 8](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f951793840r.jpg) ![828 RIDGEWOOD Avenue - Photo 9](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f1520538280r.jpg) ![828 RIDGEWOOD Avenue - Photo 10](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f716916446r.jpg) ![828 RIDGEWOOD Avenue - Photo 11](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f3033408995r.jpg) ![828 RIDGEWOOD Avenue - Photo 12](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f4040888706r.jpg) ![828 RIDGEWOOD Avenue - Photo 13](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f323319949r.jpg) ![828 RIDGEWOOD Avenue - Photo 14](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f3782973626r.jpg) ![828 RIDGEWOOD Avenue - Photo 15](http://lh.rdcpix.com/cc065e9a4e17e685b375ffee227b9f34l-f2061969807r.jpg) --- **MLS#:** O6443334 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/828-ridgewood-avenue-holly-hill-fl-32117-4ba58b7c85dc4cc8890eda5fbaf571d6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/828-ridgewood-avenue-holly-hill-fl-32117-4ba58b7c85dc4cc8890eda5fbaf571d6#listing", "url": "https://staging.propertysimple.ai/listing/828-ridgewood-avenue-holly-hill-fl-32117-4ba58b7c85dc4cc8890eda5fbaf571d6", "name": "828 RIDGEWOOD Avenue, Holly Hill, FL 32117", "description": "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. 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A new owner who brings strong hospitality management and a proactive operating strategy could potentially push NOI and returns well beyond the current performance. 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