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5840 Ridgewood Avenue
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PRICED AT ONLY: $850,000

Address: 5840 Ridgewood Avenue, Port Orange, FL 32127

Description

WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OR DEVELOPMENT. 8.8% +CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1/S Ridgewood. . 0 .71 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

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More Like This
  • MLS#: 1218441 ( Commercial Sale )
  • Street Address: 5840 Ridgewood Avenue
  • Viewed: 6
  • Price: $850,000
  • Price sqft: $243
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 3504
  • Total Baths: 4

Description

WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OR DEVELOPMENT. 8.8% +CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1/S Ridgewood. . 0 .71 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
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Features
Building and Construction
  • Fencing: Back Yard, Vinyl
  • Flooring: Tile
  • Roof: Metal, Shingle, Manufactured
Land Information
  • Lot Features: Cleared, Corner Lot, Irregular Lot, Split Possible, Other
Garage and Parking
  • Parking Features: Additional Parking, Parking Lot, RV Access/Parking, Shared Driveway, Unassigned, Varies by Unit
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air, Multi Units
  • Heating: Central, Varies by Unit
  • Road Frontage Type: City Street, Highway, State Road, Other
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: All Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Hot Water, Parking Fee, Repairs, Security, Sewer, Trash Collection, Water
Other Features
  • 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
  • Parcel Number: 6340-02-01-0120
Owner Information
  • Owner Pays: Insurance, Taxes
Nearby Subdivisions
Harbor Point   Not In Subdivision   Virginia Heights  
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