5310 S Ridgewood Avenue Port Orange, FL 32127
For Sale MLS# O6230846
4 beds 4 baths 2,478 sq ft Multi-family
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
Date | Price | Change |
---|---|---|
10/23/2024 02.22 PM | $519,000 | -$10,000 |
08/08/2024 12.20 PM | $529,000 |
A broker reciprocity listing courtesy: SLOANE REALTY, LLC
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Payment Calculator
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 & Tax Summary for 5310 S Ridgewood Avenue
Sales History
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Currently not available. |
Tax Summary
Tax Year | Estimated Market Value | Total Tax |
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Currently not available. |
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5310 S Ridgewood Avenue
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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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