• 4989 Ridgewood Avenue Port Orange, FL 32127

  • $1,100,000
  • 4
    Bed(s)
  • 0
    Baths
  • 3,804
    Sq Ft
  • 0.42
    Acre

This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a standalone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.

Property Type :

5+ Units

Subdivision :

Not In Subdivision

County :

Volusia

Style :

5+ Units

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Building Information

Year Built: 1956

Total Units: 7

Built: 1956

Property Information

SQ ft: 3,804

SQ ft (Living Area): 3,804

Property Detail: 5+ Units

Subdivision: Not In Subdivision

Listing Price Information

Original List Price: $1,100,000

Tax Information

Tax ID: 6310-20-02-0131

Parcel Number: 6310-20-02-0131

Homeowners Association Information

N/A

Membership Equity: No

HOA : 0

Location Information

Direction: Located directly adjacent to Port Orange Flea Market. South of Dunlawton on east side of US1

Homes around $1,100,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
720 English Oaks Drive, Port Orange, FL,32127 $204,360 -- -- 20,100 0.5 Acre
736 English Oaks Drive, Port Orange, FL,32127 $261,032 -- -- 43,560 1 Acre
6248 Palomino Circle, Port Orange, FL,32127 $890,000 4 3 2,522 --
720 English Oaks, Port Orange, FL,32127 $198,604 -- -- 20,100 0.5 Acre
313 Farmbrook Road, Port Orange, FL,32127 $419,990 4 2 2,284 0.23 Acre
4279 Peninsula Drive, Port Orange, FL,32127 $574,500 3 2 1,872 0.23 Acre
740 English Oaks Drive, Port Orange, FL,32127 $261,032 -- -- 43,695 1 Acre
740 English Oaks Drive, Port Orange, FL,32127 $253,679 -- -- 43,695 1 Acre
4460 Spruce Creek Road, Port Orange, FL,32127 $449,000 3 2 2,312 0.76 Acre
722 English Oaks Drive, Port Orange, FL,32127 $274,770 -- -- 43,660 1 Acre

Similar Multifamily To 4989 Ridgewood Avenue

Daytona Beach Association of REALTORS

ByOwner last updated this listing 05/01/2024 @ 04:17

MLS: 1115488
LISTED BY: Kayden Schaper , Coldwell Banker Commercial Benchmark
SOURCE: Daytona Beach Association of REALTORS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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