4989 S Ridgewood Ave Port Orange, FL 32127
Estimated payment $6,023/month
Highlights
- River View
- 0.41 Acre Lot
- No HOA
- Spruce Creek High School Rated A-
- Corner Lot
- Balcony
About This Home
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 Agent
Coldwell Banker Commercial Benchmark License #3128649 Listed on: 06/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,903
Year Built
- Built in 1956
Lot Details
- 0.41 Acre Lot
- Corner Lot
Home Design
- Concrete Block And Stucco Construction
- Block And Beam Construction
Interior Spaces
- 4,383 Sq Ft Home
- Furnished or left unfurnished upon request
- River Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Parking
- Parking Lot
- Off-Street Parking
Utilities
- Multiple cooling system units
- Heating Available
- Underground Utilities
- 200+ Amp Service
Additional Features
- Non-Toxic Pest Control
- Balcony
Community Details
- No Home Owners Association
- 7 Units
- Not On The List Subdivision
- On-Site Maintenance
Listing and Financial Details
- The owner pays for exterior maintenance, grounds care, insurance, management, pest control, taxes, trash collection, water
- Assessor Parcel Number 6310-20-02-0131
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,251 | $508,327 | $108,600 | $399,727 |
| 2024 | $8,251 | $491,819 | $108,600 | $383,219 |
| 2023 | $8,251 | $455,370 | $108,600 | $346,770 |
| 2022 | $7,547 | $420,337 | $108,600 | $311,737 |
| 2021 | $6,933 | $315,360 | $108,600 | $206,760 |
| 2020 | $9,039 | $432,979 | $117,650 | $315,329 |
| 2019 | $5,521 | $253,735 | $58,825 | $194,910 |
| 2018 | $5,309 | $246,105 | $58,825 | $187,280 |
| 2017 | $5,119 | $235,909 | $58,825 | $177,084 |
| 2016 | $4,520 | $180,515 | $0 | $0 |
| 2015 | $4,597 | $177,605 | $0 | $0 |
| 2014 | $4,499 | $170,503 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $999,999 | -- | $228 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $615,000 | Watson Title Services Inc | |
| Warranty Deed | $355,000 | -- | |
| Deed | $350,000 | -- | |
| Deed | $136,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $922,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $296,000 | Commercial |
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1214539
APN: 6310-20-02-0131
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 not guaranteed.
- 5018 Riverside Dr
- 4873 Orange Blvd
- 302 Lafayette St
- 271 Bern St
- 126 Rogers Place
- 5070 Orange Blvd
- 268 Bern St
- 228 Linden St
- 265 Bern St
- 239 Freeman St
- 5090 Riverside Dr Unit 108
- 5090 Riverside Dr Unit 105
- 189 Orchard St
- 203 Deloach St
- 5123 Pineland Ave
- 412 Virginia Ave
- 152 Wall St
- 163 Orchard St
- 160 Wall St
- 406 Oak St
- 5090 Riverside Dr Unit 108
- 5090 Riverside Dr Unit 103
- 4440 Halifax Dr
- 802 Acorn Ln
- 90 Dunlawton Ave Unit 1
- 820 Little Town Rd
- 805 Louisville St Unit 7
- 805 Louisville St Unit 2
- 175 Conrad St
- 4504 Nettle Creek Ct
- 962 Stonybrook Cir
- 16 N Venetian Way
- 3606 S Peninsula Dr Unit 812
- 3800 S Atlantic Ave Unit 1070
- 3760 S Atlantic Ave Unit 5
- 108 Murray Way Unit 1
- 3724 S Atlantic Ave Unit 4
- 3822 S Atlantic Ave
- 826 Lakeland Dr
- 3230 S Ridgewood Ave