4989 S Ridgewood Avenue, Port Orange, FL 32127 (MLS# 1214539)

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

Overview

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.

Listing Details MLS# 1214539

General Property Information

Number Of Units Total: 7
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 8
Living Area: 4383
Year Built: 1956
Lot Size Acres: 0.41
Association YN: No
CDD Fee YN: No
Water Body Access 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.
List Price/SqFt: 228.15
Sold Price/SqFt: 172.26

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

Contract Information

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

Unit 1 Details

Unit ID: 4
Actual Rent: 1100
Full Baths Total: Yes
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit SqFt: 0

More Information

Unit 2 Details

Unit ID: 5
Actual Rent: 1200
Full Baths Total: Yes
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit SqFt: 0

Unit 3 Details

Unit ID: Yes
Actual Rent: 1200
Full Baths Total: Yes
Furnished: Negotiable
Unit Remarks: Description: Efficiency
Unit SqFt: 0

Unit 4 Details

Unit ID: 6
Actual Rent: 1350
Full Baths Total: 2
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit SqFt: 0

Unit 5 Details

Unit ID: 7
Actual Rent: 3250
Full Baths Total: Yes
Furnished: Negotiable
Unit Remarks: Rental Unit
Unit SqFt: 0

Unit 6 Details

Unit ID: 2
Actual Rent: 900
Full Baths Total: Yes
Furnished: Negotiable
Unit Remarks: Description: Efficiency
Unit SqFt: 0

Unit 7 Details

Unit ID: 3
Actual Rent: 950
Full Baths Total: Yes
Furnished: Negotiable
Unit Remarks: Description: Efficiency
Unit SqFt: 0

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: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Multi Units: Yes

Current Use

Mixed Use: Yes
Multi-Family: Yes
Single Family: Yes

Electric

200+ Amp Service: Yes
Fuses: Yes
Underground: Yes

Exterior Features

Balcony: Yes
Other: Yes

Heating

Varies by Unit: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Owner Pays

Exterior Maintenance: Yes
Grounds Care: Yes
Insurance: Yes
Management: Yes
Pest Control: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Features

Off Street: Yes
Parking Lot: Yes

Possession

Close Of Escrow: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Connected: Yes

Water Source

Public: Yes

Listing Office: Coldwell Banker Commercial Benchmark

Last Updated: January - 16 - 2026

Information deemed reliable but not guaranteed.

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