5993 S RIDGEWOOD Avenue Port Orange, FL $ 3,500,000
5993 S RIDGEWOOD Avenue
$ 3,500,000
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5993 S RIDGEWOOD Avenue

Port Orange, FL, 32127
$ 3,500,000
Bedrooms-- Baths-- Sq 7,784
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Property for Rent in Port Orange, FL

for $3,500,000. This 7,784 square foot property was built in 1949.

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 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!

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Rental Active

Price

$ 3,500,000

Taxes

$ 5,899

Style

Mixed Use

Year Built

1949

Town/City

Port Orange

County/Region

Volusia

MLS | Web ID

1211797

Features
General
Sewer Public Sewer
Heating Central Other
Cooling Central Air Ceiling Fan(s) Window Unit(s)
Utilities Propane Electricity Available Sewer Connected Water Available
Possession Close Of Escrow
Roof Metal
Security Features Fire Alarm Security Fence Security Gate
Construction Materials Brick Concrete Wood Siding
Year Built 1949
Tenant Pays All Utilities Common Area Maintenance Exterior Maintenance Insurance Other Tax Roof Taxes Trash Collection Other
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial Mixed Use Office Other
Gross Income 2500000.0
Business Type Bar/Tavern/Lounge Commercial Food & Beverage Mixed Parking Professional/Office Restaurant Variety Other
Waterfront Features Canal Front Seawall
County Volusia
Net Operating Income 2050000.0
Operating Expense 450000.0
Property Type Commercial Sale
HOA N
Attached Garage Y
Building Features Fenced Kitchen Facilities Loading Dock Lounge Office Outside Storage Public Restroom Restaurant Storage
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
Senior Community Y/N N
Number Of Units Total 0
MLS Area 21 - Port Orange S of Dunlawton E of 95
Land Lease Y/N N
Tax Annual Amount 5899.5
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 Net Other
Standard Status Active
Legal Description LOTS 1 & 2 BLK 17 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
New Construction None
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Interior
Flooring Concrete Tile Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Fencing Chain Link Wood
Parking Features Additional Parking Attached Guest Parking Lot Other
Lot Features Corner Lot Other
Water Source Public
Inclusions {u'Building & Land': True}
Spa N
Building Area Total 7784.0
Waterfront Y/N Y
Road Frontage Type County Road State Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5993
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* Excluded Features
List By
Ashley Riedy

Listing Agent

Lpt Realty, Llc

Broker

Nearby
1330097 Elementary School
1330098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2025$3,500,000 Listed Price

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5993 S RIDGEWOOD Avenue, Port Orange, FL, 32127 is a Property for Rent at $3,500,000 with 7,784 sqft. 5993 S RIDGEWOOD Avenue was built in 1949. The property's zip code is 32127 which is in Port Orange, FL