Port Orange, FL 32127 5840 S Ridgewood Avenue
$850,000
21 more
Presented By: Watson Realty Corp.
- MLS# 1218441
- 10/01/2025
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Baths • 4
SQFT • 3,504
Home Details
WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OR DEVELOPMENT. 8.8% +CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1/S Ridgewood. . 0 .71 ACRE Land with Two-Three Income Centers. Presently all leased. N/N/N Leases. Property owned by same family for 50 years. Very flexible income producing property. Building 1 3,000sf leased. Building 2 & Parking Lot Leased. Room for additional tenants
Presented By: Watson Realty Corp.
Interior Features for 5840 S Ridgewood Avenue
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
FlooringTile
Heating Y/NYes
Total Stories1
General for 5840 S Ridgewood Avenue
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesClear Span, Computer Wired, Fenced, Meeting Room, Office, Private Restroom, Public Restroom, Showroom
Business TypeCommercial, Mixed, Professional Service, Retail, Wholesale
CityPort Orange
Construction MaterialsBlock, Concrete, Frame, Metal Siding
CoolingCentral Air, Multi Units
CountyVolusia
Current UseMixed Use, Retail
DirectionsI95 Exit 256, East to Nova Rd South, Left on US 1/S Ridgewood, Property on left
Electric200+ Amp Service
Gross Income84000.0
HOANo
HeatingCentral, Varies by Unit
Home Warranty Y/NNo
Land Lease Y/NYes
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeNNN
Legal DescriptionLOTS 12 TO 18 INC EXC RD RWY BLK 1 BAYWOOD MB 23 PGS 14 & 15 PER OR 4421 PG 2394 PER OR 5338 PG 4409 PER OR 5338 PG 4411
Lot Size Square Feet31136.69
Lot Size UnitsAcres
MLS Area21 - Port Orange S of Dunlawton, E of 95
MLS Area Minor21 - Port Orange S of Dunlawton, E of 95
MobileHomeRemainsYNNo
Net Operating Income71600.0
Nueva construcción None
Number Of Units Total2
OwnerPaysInsurance, Taxes
Property SubtypeRetail
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMetal, Shingle, Manufactured
Security FeaturesSecurity Lights
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot In Subdivision
Tax Annual Amount6019.07
Tax Year2025
Tenant PaysAll Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Hot Water, Parking Fee, Repairs, Security, Sewer, Trash Collection, Water
UtilitiesCable Connected, Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Year Built1973
Zoning DescriptionComercial
Exterior for 5840 S Ridgewood Avenue
Building Area Total3504.0
Crops Included Y/NNo
FencingBack Yard, Vinyl
Horse Y/NNo
Inclusions{u'Building & Land': True}
Irrigation Water Rights Y/NNo
Lot FeaturesCleared, Corner Lot, Irregular Lot, Split Possible, Other
Lot Size Acres0.71
Lot Size Area0.71
Parking FeaturesAdditional Parking, Parking Lot, RV Access/Parking, Shared Driveway, Unassigned, Varies by Unit
Road Frontage TypeCity Street, Highway, State Road, Other
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Jorge Rossi
Licensed Realtor/ Investor
