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5840 Ridgewood Avenue, PORT ORANGE, FL 32127
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5840 Ridgewood Avenue
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Priced at Only: $850,000
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Address: 5840 Ridgewood Avenue, PORT ORANGE, FL 32127
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  • MLS#: V4945217 ( Commercial Sale )
  • Street Address: 5840 Ridgewood Avenue
  • Viewed: 24
  • Price: $850,000
  • Price sqft: $243
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 3504
  • Days On Market: 153
  • Additional Information
  • Geolocation: 29.1095 / -80.9736
  • County: VOLUSIA
  • City: PORT ORANGE
  • Zipcode: 32127
  • Subdivision: Baywood
  • mfrmls
  • DMCA Notice
  • Description
    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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 3504.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Zoned
  • Road Frontage Type: State Road
  • Sewer: Public Sewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: LOTS 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
  • Area Major: 32127 - Port Orange/Ponce Inlet/Daytona Beach
  • Occupant Type: Tenant
  • Parcel Number: 3689551
  • Views: 24
  • Zoning Code: AUTO SALES
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  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com