5961 S RIDGEWOOD AVENUE
Port Orange, FL, 32127 $ 3,500,000
Baths0.0 Monthly Estimate*
$ 21,835
Studio for $3,500,000. The lot size is 1.17.
NOW THIS IS A HIDDEN TREASURE!! (; Located in a prime, high-traffic area off of U.S. 1 (approx 3,200 cars per hour) this commercial waterfront property, known as "Hidden Treasure" -- offers an exceptional opportunity for entrepreneurs looking to expand an established business or invest in a future thriving business. The property boasts nearly 1.17 acres of land plus an additional 1+ acre of water access leased through DEP. In addition, 3 well-maintained buildings, each designed to accommodate a range of business operations, from restaurants to retail and all in between plus ready for immediate use. (2 tenants already in place.) This piece of real estate can accommodate up to 325 people at once! Alongside the buildings, there are 3 spacious docks and seawall with 16 boat slip(s) and power/water ... perfect for boat traffic, water sports rentals, or any maritime-based ventures. Imagine a second level ... or rooftop ... Imagine a fuel station for local boaters ... Imagine monthly rentals for boat slips ... THE ROI IS LIMITLESS WITH THIS OPPORTUNITY! With an ample parking lot and 95 parking spots, the property can easily accommodate high customer volumes, ensuring smooth operations year-round. Plus the opportunity for additional income. The parking lot is designed for convenience and accessibility, making it easy for patrons to enjoy everything the property has to offer or store their toys after a day on the water. The ample space allows for potential expansion or diversification, providing new owners with flexibility in growing their businesses and catering to the community's needs. At the heart of the property is the popular Tiki Bar and Grille, a well-established hotspot for locals and tourists alike, offering a fun and relaxing atmosphere with exceptional food and drinks. Known for its laid-back vibe, the Tiki Bar is a favorite spot to unwind, making it a lucrative business on its own. Additionally, the property also features a successful watercraft jet ski rental business, providing customers with exhilarating water sports experiences while capitalizing on the prime waterfront location. Whether you're looking to invest in an established waterfront business, expand your current operations, or simply capitalize on the prime Rose Bay waterfront location, this "hidden treasure" offers tremendous value and potential. With its unique combination of commercial buildings, parking lot space, ability to build up, waterfront access, docks/slips and a successful existing business portfolio, this property stands out as a hidden gem in the heart of a thriving community! Don't wait ... CALL TODAY FOR MORE INFO! ALL INFORMATION DEEMED TO BE TRUE BUT NOT GURANTEED.
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FeaturesGeneralSewer public sewer
Utilities electricity available water available
Possession close of escrow
Zoning x
View city water
Tax Year 2024
Current Use commercial
Ownership other
Waterfront Features bay/harbor canal - saltwater marina
Additional Parcels Description 6314-03-17-0010
County volusia
Property Type land
HOA N
Other Structures other
Status active
Directions from i-95 take exit 256 for fl-421 (dunlawton ave) and head east toward port orange. turn right (south) onto s ridgewood ave (us-1). continue for approximately 3.5 miles. the property will be on your
City port orange
Body of Water rose bay / halifax river/canal
MLS Area 32127 - port orange/ponce inlet/daytona beach
Lot Size Units acres
Lot Size Square Feet 50785
Listing Terms cash conventional owner may carry
Tax Annual Amount 1862.22
Additional Parcels Y/N yes
Virtual Tour https://show.tours/v/xpzt9yc
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 25
Legal Description lots 25 to 28 inc blk 16 harbor oaks unit 1 mb 10 pgs 145-146 inc per or 5062 pg 1172 per or 8117 pg 1787 per or 8148 pg 1735 per or 8148 pg 1738
Water View bay/harbor - partial canal
Water Access Type bay/harbor canal - saltwater intracoastal waterway river
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code x
DockY/N yes
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ExteriorFencing wood
Lot Features cleared corner lot city lot level near golf course near marina near public transit other oversized lot sidewalk
Water Source public
Lot Size Area 1.1659
Lot Dimensions 224 x 152
Lot Size Acres 1.17
Road Surface Type unimproved dirt
Waterfront Y/N yes
Road Frontage Type street unpaved city street divided highway easement turn lanes
Number of Lots 2
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* Excluded FeaturesList Bymattbucksells@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $21,835
- Monthly Property Taxes
- $155
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Port Orange, FL
Average List Price $773,224
Percent of Sale Price 78%
About Port Orange, FL 60,926 Population
29% Since 2002
$ 47,663 Median Income
47.95 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/8/2025 | $3,500,000 | | Listed Price |