5310 South Ridgewood Avenue

Port Orange, FL 32127

$519,000
Price
4
Beds
2,478 Sq. Ft.
$209 / Sq. Ft.
2,478
Sq. Ft.
$209
per Sq. Ft.

Description

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...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
  1. Listed by Matt White • SLOANE REALTY, LLC

Property Details for 5310 South Ridgewood Avenue

Subdivision Name
ALLANDALE
Township
16S
Waterfront
No
LISTING UPDATED: 12/10/2024 09:41 AM

Property Details for 5310 South Ridgewood Avenue

StatusActive
MLS #O6230846
Days on Market139
Taxes$5,866 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1950
Lot Size0.36 AC / 15,750 SF
CountyVolusia County

Building Information for 5310 South Ridgewood Avenue

Stories-Residences4Year Built1950Building Size-Lot Size0.36 AC / 15,750 SF

Property Information for 5310 South Ridgewood Avenue

Summary
Location and General Information
  • Building Area Units: Square Feet
  • 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
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5310
  • Street Direction Prefix: S
  • Street Name: RIDGEWOOD
  • Street Suffix: AVENUE
  • State: FL
  • City: PORT ORANGE
  • Between US 1 River YN: No
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 16
  • Tax Book Number: 4-146
  • Tax Legal Description: LOTS 1 & 28 BLK 16 ALLANDALE MB 4 PG 146 PER OR 4813 PG 0599 PER OR 7074 PG 4520 PER OR 7718 PG 3632 PER OR 8269 PG 4714
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 75x210
  • Parcel Number: 10-16-33-07-16-0010
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: 01B4
  • Living Area: 2478
  • Lot Dimensions: 75x210
Property and Assessments
  • Year Built Numeric: 1950
  • Flood Zone Code: X500
  • New Construction: No
  • Public Survey Range: 33E
  • Public Survey Section: 10
Utilities
  • Sewer: Public Sewer, Other
  • Utilities: Public
  • Water Source: Public
  • Num Electric Meters: 4.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Fenced, Private Mailbox, Rain Gutters, Sidewalk
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central, Electric, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s), High Ceiling(s), Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $36,180.00
  • Gross Income: $44,640
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Garage Attached 1: No
  • Unit Type Garage Spaces 1: 0
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 995
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Garage Attached 2: No
  • Unit Type Garage Spaces 2: 0
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 950
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 2
  • Unit Type Beds Total 3: 2
  • Unit Type Garage Attached 3: No
  • Unit Type Garage Spaces 3: 0
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1595
  • Unit Type Type 3: 2 Bed/2 Bath
  • Unit Type Units Total 3: 1
Rental
Rental Information
  • Total Actual Rent: $3,720

Property History for 5310 South Ridgewood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5310 South Ridgewood Avenue

Taxable ValueLand$63,000Additions$281,390Total$344,390
Tax Record2024$6,211 ($518 / month)
Home Facts
Baths3Total Finished SqFt2,478 SqFtAbove Grade Finished SqFt2,478 SqFtStories1Lot Size15,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1950Year Renovated2010ZoningB4CountyVOLUSIAAPN6310-07-16-0010

Schools near 5310 South Ridgewood Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Port Orange Elementary School
PublicPK to 5

Silver Sands Middle School
Public6 to 8

Spruce Creek High School
Public9 to 12

Volusia Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5310 South Ridgewood Avenue is a multi-family home for sale in Port Orange, FL 32127. This property was listed for sale on August 8, 2024 by SLOANE REALTY, LLC, it's currently listed at $519,000. It has been on the market for a total of 139 days and was last sold on June 10, 2022. This listing's school district is Volusia. Nearby schools include Port Orange Elementary School, Silver Sands Middle School and Spruce Creek High School. 5310 South Ridgewood Avenue is a 4-bed, 0-bath, 2,478 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SLOANE REALTY, LLC, Matt White

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/10/2024 09:41 AM