4989 S Ridgewood Avenue, Port Orange, FL 32127
$755,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
8
Square Footage:
3,804
Lot Size (sq. ft.):
17,860
Status:
Closed
Current Price:
$755,000
List Date:
6/13/2025
Last Modified:
1/16/2026
Description
This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a stand alone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.
More Information MLS# 1214539
Location, Tax, and Legal
Country: US
Parcel Number: 6310-20-02-0131
Tax Annual Amount: 8903.05
Tax Year: 2024
Zoning Description: Commercial
Tax Legal Description: LOT 13 EXC E 164.5 FT BLK 2 FLEMINGS PORT ORANGE MB 1 PG 100 PER OR 5210 PG 3517 PER OR 7764 PG 474
Currently Not Used
Bedrooms Total: 8
Bathrooms Full: 8
Bathrooms Half: 0
Bathrooms Total: 8
Building Area Total: 3804
Year Built: 1956
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
View
River: 1
General Property Information
Lot Size Acres: 0.41
Living Area: 4383
Number Of Units Total: 7
CDD Fee YN: No
Association YN: No
Directions: Located directly adjacent to Port Orange Flea Market. South of Dunlawton on east side of US Hwy 1
Public Remarks: This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a stand alone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.
Water Body Access YN: No
List Price/SqFt: 228.15
Sold Price/SqFt: 172.26
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 8
Year Built: 1956
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Multi Units: 1
Current Use
Mixed Use: 1
Multi-Family: 1
Single Family: 1
Electric
200+ Amp Service: 1
Fuses: 1
Underground: 1
Exterior Features
Balcony: 1
Other: 1
Heating
Varies by Unit: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pest Control: 1
Taxes: 1
Trash Collection: 1
Water: 1
Parking Features
Off Street: 1
Parking Lot: 1
Possession
Close Of Escrow: 1
Roof
Other: 1
Sewer
Public Sewer: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Unit 1 Details
Unit ID: 4
Actual Rent: 1100
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit 2 Details
Unit ID: 5
Actual Rent: 1200
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit 3 Details
Unit ID: 1
Actual Rent: 1200
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Description: Efficiency
Unit 4 Details
Unit ID: 6
Actual Rent: 1350
Unit SqFt: 0
Beds Total: 2
Full Baths Total: 2
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit 5 Details
Unit ID: 7
Actual Rent: 3250
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit 6 Details
Unit ID: 2
Actual Rent: 900
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Description: Efficiency
Unit 7 Details
Unit ID: 3
Actual Rent: 950
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Description: Efficiency
Utilities
Electricity Available: 1
Sewer Available: 1
Water Connected: 1
Water Source
Public: 1
Contract Information
Current Price: $755,000
Sold Price: $755,000
Status: Closed
Listing Contract Date: 2025-06-13
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 4989
Street Direction Prefix: S
Street Name: Ridgewood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32127
Subdivision Name: Not on the List
MLS Area Major: 21 - Port Orange S of Dunlawton, E of 95
Status Change Information
Major Change Timestamp: 2026-01-16T15:34:46Z
Major Change Type: Status Change
Purchase Contract Date: 2026-01-15
Close Date: 2026-01-16
Close Price: 755000
Property Features
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Construction Materials: Block; Concrete
Cooling: Multi Units
Current Use: Mixed Use; Multi-Family; Single Family
Electric: 200+ Amp Service; Fuses; Underground
Exterior Features: Balcony; Other
Heating: Varies by Unit
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Management; Pest Control; Taxes; Trash Collection; Water
Parking Features: Off Street; Parking Lot
Possession: Close Of Escrow
Roof: Other
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity
Utilities: Electricity Available; Sewer Available; Water Connected
View: River
Water Source: Public
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: January - 16 - 2026
Information deemed reliable but not guaranteed.