#1204773, David Lieb, Listing Office: RE/MAX Signature
$5,818
closing credit¹
5310 S Ridgewood Ave Port Orange, FL 32127
Property details
About 5310 S Ridgewood Ave
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
Highlights
Virtual tour
Summary
- MLS Number: O6230846
- MLS Name: MFRMLS
- Office Name: SLOANE REALTY, LLC
- Office Phone: (407) 829-2418
- Listing Agent: Matt White
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Last updated on: 2/6/2025, 8:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$489,900
5310 S Ridgewood Ave
$5,818
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 16, 2022 | Home Sold | $490,000 |
Jul 10, 2019 | Home Sold | $100,000 |
Jan 21, 2015 | Home Sold | $55,000 |
Feb 06, 2002 | Home Sold | $128,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $320,129 | $5,865 |
2022 | $286,615 | $4,109 |
2021 | $173,011 | $4,109 |
2020 | $169,963 | $3,465 |
2019 | $116,184 | $2,616 |
History based on county public records data.
Nearby schools
7
Port Orange Elementary School
Public District KG-5
1.5 mi
•402 Dunlawton Ave
7
Spruce Creek Elementary School
Public District KG-5
2.0 mi
•642 Taylor Rd
6
Sugar Mill Elementary School
Public District KG-5
2.2 mi
•1101 Charles St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,716. The majority of Port Orange, FL residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 5310 S Ridgewood Ave in Port Orange, FL and zip code 32127 in the Allandale neighborhood. This 2,478 square foot home, which was built in 1950, sits on a 0.36 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 8, 2024 and is currently priced at $489,900.
In January 2025, from all listings sold in Port Orange, FL there were more than 2 sold above asking price, over 52 sold below and more than 7 were sold right at the asked price. The number of listings in Port Orange, FL increased by 9.4% between December and January 2025. In January 2025, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $365,580.