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4989 S Ridgewood Avenue

Port Orange, FL 32127
  • $950,000
  • STATUS: Active Under Contract
  • ON SITE: 79 Days
  • MLS #: 1097045
Under Contract
UPDATED: 28 min ago
$950,000
  • 7
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,132
    SQFT
  • $303
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

Investment opportunity with Ridgewood Ave road frontage, year round income producing property! Property includes a large fully equipment stand alone restaurant with 6 multi family units also on property. Plenty of parking for both residential and commercial. Located in the heart of Port Orange, Fl with easy access to beaches, intercoastal waterway, shopping with ease to New Smyrna Beach or Ormond Beach! This property is well maintained with paved parking area, can be managed easily on site or away. Newer roof, Multiple units remodeled, new trenched sewer line, windows replaced. Room for rent increases also! All units occupied, no delinquency. All info deemed accurate however not guaranteed.NEW Roofs Motel 2017. NEW A/C Restaurant 2017. NEW A/C units motel units 2017. Parking lot resurfaced 2017.

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© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Florida Life Real Estate Group. Data last updated: 2022-08-12T14:36:13.407.
www.floridaliferealestate.com/homes/129119874
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4989 S Ridgewood Avenue Port Orange, FL 32127

  • Price: $950,000
  • Status: Active Under Contract
  • On Site: 79 Days
  • Updated: 28 min ago
  • MLS #: 1097045
7
Beds
0
Baths
0
½ Baths
0.42
Acres
3,132
SQFT
$303
$/SQFT
1956
Built
Neighborhood:
Not In Subdivision
County:
Volusia
Area:
Port Orange S of Dunlawton, E of 95
Property Description
Investment opportunity with Ridgewood Ave road frontage, year round income producing property! Property includes a large fully equipment stand alone restaurant with 6 multi family units also on property. Plenty of parking for both residential and commercial. Located in the heart of Port Orange, Fl with easy access to beaches, intercoastal waterway, shopping with ease to New Smyrna Beach or Ormond Beach! This property is well maintained with paved parking area, can be managed easily on site or away. Newer roof, Multiple units remodeled, new trenched sewer line, windows replaced. Room for rent increases also! All units occupied, no delinquency. All info deemed accurate however not guaranteed.NEW Roofs Motel 2017. NEW A/C Restaurant 2017. NEW A/C units motel units 2017. Parking lot resurfaced 2017.
Exterior Features

Building Type Apartment BuildingAttachedSide By SideStand Alone Construction Concrete Block Outside Public Bus Parking LightedOff StreetParking Lot Parking Spaces 23 Roof GravelOther Waterfront None

Interior Features

Air Conditioning CentralMixedWall/Window Units Appliances RangeRefrigerator Heating CentralMixedWall/Window Units Inside No LaundrySmoke Detector Sq Ft Total 4215.00

Property Features

As Is Condition Yes Electric Meters 2 Financial Package Yes Franchise Opt In Yes Gas Meters 0 Gross Monthly Rent 7898.00 Homestead Exempt No Maint Fee 0.00 Maint Fee Paid N/A New Builder Home No Owner Pays ElectricExterminatorInsurance ExteriorLawn CareMaintenance ExteriorReal Estate TaxesTrash RemovalWater Sewer Public Sewer Special Conditions None Special Contingency No Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2021 Taxes 6933.00 Tenant Pays Cable Tv Total Annual Rent 94776.00 Water City Water Meters 2 Zoning Other Zoning Text MixedStore & Off

Listing courtesy of Janet L Mcdermott of Collado Real Estate.


© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Florida Life Real Estate Group. Data last updated: 2022-08-12T14:36:13.407.
 
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Florida Life Real Estate Group
223 N. Causeway
New Smyrna Beach FL, 32169