5840 S Ridgewood Avenue Port Orange, FL $ 850,000
5840 S Ridgewood Avenue
$ 850,000
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5840 S Ridgewood Avenue

Port Orange, FL, 32127
$ 850,000
Bedrooms-- Baths4.0 Sq 3,504
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Property for Rent in Port Orange, FL

for $850,000 with 4 full baths. This 3,504 square foot property was built in 1973 on a lot size of 0.71.

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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Rental Active

Price

$ 850,000

Full Bath

4

Taxes

$ 6,019

Style

Retail

Lot Size

0.71

Year Built

1973

Town/City

Port Orange

County/Region

Volusia

MLS | Web ID

1218441

Features
General
Sewer Public Sewer
Heating Central Varies by Unit
Cooling Central Air Multi Units
Utilities Cable Connected Electricity Connected Separate Electric Meters Separate Water Meters Sewer Connected Water Connected
Roof Metal Shingle Manufactured
Security Features Security Lights
Construction Materials Block Concrete Frame Metal Siding
Year Built 1973
Electric 200+ Amp Service
Tenant Pays All Utilities Common Area Maintenance Electricity Exterior Maintenance Grounds Care Hot Water Parking Fee Repairs Security Sewer Trash Collection Water
Property Subtype Retail
Tax Year 2025
Current Use Mixed Use Retail
Gross Income 84000.0
Business Type Commercial Mixed Professional Service Retail Wholesale
County Volusia
Net Operating Income 71600.0
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Building Features Clear Span Computer Wired Fenced Meeting Room Office Private Restroom Public Restroom Showroom
Status Active
Directions I95 Exit 256 East to Nova Rd South Left on US 1/S Ridgewood Property on left
City Port Orange
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 2
MLS Area 21 - Port Orange S of Dunlawton E of 95
Lot Size Units Acres
Lot Size Square Feet 31136.69
Land Lease Y/N Y
Tax Annual Amount 6019.07
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 21 - Port Orange S of Dunlawton E of 95
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Lease Type NNN
Standard Status Active
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
New Construction None
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Interior
Flooring Tile
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 4
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Exterior
Fencing Back Yard Vinyl
Parking Features Additional Parking Parking Lot RV Access/Parking Shared Driveway Unassigned Varies by Unit
Lot Features Cleared Corner Lot Irregular Lot Split Possible Other
Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 0.71
Spa N
Building Area Total 3504.0
Lot Size Acres 0.71
Waterfront Y/N N
Road Frontage Type City Street Highway State Road Other
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5840
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* Excluded Features
List By
Robert Brewster

Listing Agent

Watson Realty Corp.

Broker

bobbrewster@watsonrealtycorp.com

Email

Nearby
1330097 Elementary School
1330098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2025$850,000 Listed Price

Map


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5840 S Ridgewood Avenue, Port Orange, FL, 32127 is a Property for Rent at $850,000 with 3,504 sqft and a lot size of 0.71. 5840 S Ridgewood Avenue has 4.0 baths and was built in 1973. The property's zip code is 32127 which is in Port Orange, FL