Address
4989 S Ridgewood Avenue, Port Orange, FL
Price
$ 1,100,000
Property Attributes
  • MLS#1115488
  • TypeIncome
  • CountyVOLUSIA
  • CityPort Orange
  • AreaPort Orange S of Dunlawton - E of 95
  • Zip32127
  • StyleMulti Family
  • Year Built1956
  • Taxes$ 7547
  • Price$ 1,100,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3804
  • Lot Size0.42 Acres
Data Source:
Daytona Beach AOR
Property Description

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.

Price History
10/25/2023 Listed $1,100,000

General Features

Sewer Public Sewer
Heating Varies by Unit
Cooling Multi Units
Roof Other
Appliances Refrigerator,Microwave,Electric Range,Dishwasher
Exterior Features Balcony,Other
Construction Materials Block,Concrete
Year Built 1956
Electric 200+ Amp Service,Fuses,Underground
Tenant Pays Cable TV,Electricity
View River
Property SubType Multi Family
Tax Year 2022
Current Use Mixed Use,Multi-Family,Single Family
OwnerPays Exterior Maintenance,Grounds Care,Insurance,Management,Pest Control,Taxes,Trash Collection,Water
HOA Fee 2 0.0
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name Not IN Subdivision
Garage Y/N No
Status Active
Directions Located directly adjacent to Port Orange Flea Market. South of Dunlawton on east side of US1
ModificationTimestamp 2024-06-07T18:15:59Z
City Port Orange
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 7
MLS Area 21 - Port Orange S of Dunlawton,E of 95
Lot Size Units Acres
Lot Size Square Feet 18295.2
Waterfront Y/N No
Carport Y/N No
Tax Annual Amount 7547.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 21 - Port Orange S of Dunlawton,E of 95
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 238
Standard Status Active
MobileHomeRemainsYN No
Legal Description LOT 13 EXC E 164.5 FT BLK 2 FLEMINGS PORT ORANGE MB 1 PG 100 PER OR 5210 PG 3517 PER OR 7764 PG 474

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Bedrooms 4
Electric On Property Y/N No
LivingAreaSource Appraiser

Exterior Features

Parking Features Off Street,Parking Lot
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.42
Spa No
Building Area Total 3804.0
Lot Size Acres 0.42
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32127

Price
AVG $780K
$1.1M
Taxes
AVG $6,740
$7,547
Visits
AVG 101
197
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1956
Walkscore
AVG 47
47
Data Provided by Walkscore® not using MLS data