$519,000

5310 S Ridgewood Avenue, Port Orange, FL 32127

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$519,000

(10,000) 10/23/2024

5310 S Ridgewood Avenue Port Orange, FL 32127

For Sale MLS# O6230846

4 beds 4 baths 2,478 sq ft Multi-family

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Data current as of 20/01/2025 16:40:40

Details for 5310 S Ridgewood Avenue

MLS# O6230846

Description for 5310 S Ridgewood Avenue, Port Orange, FL, 32127


3 apartments plus a large storage yard that has an RV pad with full water, electric, and sewer hookups. Commercial Zoning, Approved for Mixed-Use Including Retail, Apartments, Storage, and Residential. Apt 1, featuring 1 bed/1 bath, is currently leased at $995. Apt 2, offering the same layout, commands $950/month. Apt 3, boasting 2 beds/2 baths is leased at $1,595 monthly. Landlord pays water and tenants pay electric. The storage lot/RV Pad was formerly leased at $700/month. This property's maintenance has been meticulously attended to, with the roof and central AC replaced in 2019 (1 bed units have window AC's). Additional updates such as upgraded electrical systems and water heaters replaced in 2015 and 2019 ensure modern functionality and efficiency. Plumbing infrastructure features CPVA/PVC. This property offers a hassle-free management experience. Whether you're seeking an excellent income investment or considering owner occupancy, this property provides a versatile and lucrative opportunity. Don't miss out on this rare chance to acquire a meticulously maintained income property in a highly sought-after location. Commercial zoning within the Ridgewood development district. Permitted uses include Retail, Storage, Multifamily, Pawnshop, appliance/electronic repair shop, Boat sales, Fraternal Organizations, industrial equipment supplies, Convenience stores with or without fuel, equipment rental, funeral home, Greenhouse/Nursery, Health/exercise club, Hotel, manufacturing, medical office, Mobile home sales, Offices, Restaurant, Tattoo establishment, and much more. Prime location near beaches, the Intercoastal, shopping centers, restaurants, and much more. Current owner pays $2,771 annual insurance premium and Real Estate taxes for 2023 were $5,689

Listing Information


Property Type: Residential, Triplex

Status: Active

Bedrooms: 4

Bathrooms: 4

Lot Size: 0.36 Acres

Square Feet: 2,478 sq ft

Year Built: 1950

Construction: Block,Stucco

Subdivision: Allandale

Foundation: Slab

Number Of Units Total: 4

County: Volusia

Additonal Room Information

Laundry: Inside

Interior Features


Additional Interior Features: Main Level Primary, High Ceilings, Open Floorplan, Ceiling Fan(s), Walk-In Closet(s)

Utilities


Water: Public

Sewer: Public Sewer, Other

Other Utilities: Municipal Utilities

Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Heating: Central, Electric, Window Unit, Wall Furnace

Exterior / Lot Features


Roof: Shingle

Lot Dimensions: 75x210

Additional Exterior/Lot Features: Fence, Rain Gutters

Community Features


Community Features: Sidewalks

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 1595

Unit 1 Baths Total: 2

Unit 1 Beds Total: 2

Unit 2 Units Total: 1

Unit 2 Actual Rent: 950

Unit 2 Baths Total: 1

Unit 2 Beds Total: 1

Unit 3 Units Total: 1

Unit 3 Actual Rent: 995

Unit 3 Baths Total: 1

Unit 3 Beds Total: 1

Driving Directions


Turn right onto FL-415 Alt N Turn left at the 1st cross street onto State Rte 415 N Continue onto Tomoka Farms Rd 5.0 mi Turn right onto Taylor Rd 3.1 mi Continue onto Dunlawton Ave 0.1 mi Turn right onto Taylor Rd/Taylor Branch Rd Continue to follow Taylor Rd 2.1 mi Use the left 2 lanes to turn left onto Spruce Creek Rd 1.2 mi Turn right onto Commonwealth Blvd 0.9 mi Turn right onto S Ridgewood Ave Destination will be on the right

Financial Considerations


Terms: Cash,Conventional

Gross Income: 44640

Tax/Property ID: 10-16-33-07-16-0010

Tax Amount: 5865.9

Tax Year: 2023

Price Changes


$529,000 Original Price
$519,000 Current Price
-$10,000 Total Change
Date Price Change
10/23/2024 02.22 PM $519,000 -$10,000
08/08/2024 12.20 PM $529,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 5310 S Ridgewood Avenue

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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