Homes for sale - 5310 S RIDGEWOOD AVE, Port Orange, FL 32127

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Onige Mignott

onige.mignott@lptrealty.com +1(917) 446-2856

$ 519,000

Est. payment | -/mo

4 Beds

4 Baths

2,478 SqFt

Save Virtual Tour

$ 519,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

2,478 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,478 sqft

Price per Sqft $209

Subdivision Allandale

MLS Listing ID O6230846

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1950

Annual Tax Amount $5,865

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 75x210

Property Description

3 apartments plus a large storage yard that has an RV pad with full water, electric, and sewer hookups. Commercial Zoning, Approved for Mixed-Use Including Retail, Apartments, Storage, and Residential. Apt 1, featuring 1 bed/1 bath, is currently leased at $995. Apt 2, offering the same layout, commands $950/month. Apt 3, boasting 2 beds/2 baths is leased at $1,595 monthly. Landlord pays water and tenants pay electric. The storage lot/RV Pad was formerly leased at $700/month. This property's maintenance has been meticulously attended to, with the roof and central AC replaced in 2019 (1 bed units have window AC's). Additional updates such as upgraded electrical systems and water heaters replaced in 2015 and 2019 ensure modern functionality and efficiency. Plumbing infrastructure features CPVA/PVC. This property offers a hassle-free management experience. Whether you're seeking an excellent income investment or considering owner occupancy, this property provides a versatile and lucrative opportunity. Don't miss out on this rare chance to acquire a meticulously maintained income property in a highly sought-after location.
Commercial zoning within the Ridgewood development district. Permitted uses include Retail, Storage, Multifamily, Pawnshop, appliance/electronic repair shop, Boat sales, Fraternal Organizations, industrial equipment supplies, Convenience stores with or without fuel, equipment rental, funeral home, Greenhouse/Nursery, Health/exercise club, Hotel, manufacturing, medical office, Mobile home sales, Offices, Restaurant, Tattoo establishment, and much more. Prime location near beaches, the Intercoastal, shopping centers, restaurants, and much more.
Current owner pays $2,771 annual insurance premium and Real Estate taxes for 2023 were $5,689

Location

State FL

County Volusia

Community Allandale

Zoning 01B4

Interior

Interior Features Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)

Heating Central, Electric, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Laundry Inside

Exterior

Exterior Feature Fence, Private Mailbox, Rain Gutters, Sidewalk

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer, Other

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by SLOANE REALTY, LLC

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 446-2856

onige.mignott@lptrealty.com

5310 S RIDGEWOOD AVE Port Orange, FL 32127