PORT ORANGE, FL 32127 5840 S RIDGEWOOD AVENUE

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Presented By: WATSON REALTY CORP. with 386-767-2890. - 386-767-2890
  • MLS# V4945217
  • 10/02/2025
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 3,504

Home Details

WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OR DEVELOPMENT. Excellent CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1/S Ridgewood. . 0 .9 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 Private Remarks: All tenant leases N/N/N Total income $7K/mo /$84K/yr. Building 1 recently remodeled and updated. Potential for development in high traffic area., Being sold in ''AS IS'' condition. Buyers must have proof of funds or show 1031 Exchange funds. Tenant leases have new property owner termination clauses, if required.
Presented By: WATSON REALTY CORP. with 386-767-2890. - 386-767-2890

Interior Features for 5840 S RIDGEWOOD AVENUE

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes

General for 5840 S RIDGEWOOD AVENUE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Cityport orange
Construction Materialsblock
Coolingcentral air, zoned
Countyvolusia
Directionsi-95 exit to us 92 east to 1/2 mile past nova road.
Facing Directionnorth
Flood Zone Codex
Flood Zone Code XY
HOANo
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
Living Area Unitssquare feet
Lot Size Square Feet31140
Lot Size Unitssquare feet
MLS Area32127 - port orange/ponce inlet/daytona beach
ModificationTimestamp2025-10-03t05:00:24.080z
New ConstructionNo
Occupancy Typetenant
Ownershipsole proprietor
Property Subtypebusiness
Property Typecommercial sale
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namebaywood
Tax Annual Amount6019
Tax Lot12
Tax Year2024
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1973
Zoningauto sales

Exterior for 5840 S RIDGEWOOD AVENUE

Building Area Total3504
Foundation Detailsslab
Lot Size Acres0.71
Lot Size Area31140
Number of Buildings2
Number of Lots1
Number of Separate Electric Meters1
Number of Separate Water Meters1
Road Frontage Typestate road
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $850,000
MLS#V4945217
List Date 10/02/2025
Property Type Commercial
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