4989 S Ridgewood Ave Port Orange, FL 32127
Estimated payment $6,265/month
Total Views
1,519
8
Beds
8
Baths
4,383
Sq Ft
$228
Price per Sq Ft
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
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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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $999,999 | -- | $228 / Sq Ft |
Source: Daytona Beach Area Association of REALTORS®
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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $922,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $296,000 | Commercial |
Source: Public Records
Similar Home in Port Orange, FL
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1214539
APN: 6310-20-02-0131
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