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Multifamily Property with On-Site Management
For Sale
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3459 S Ridgewood Ave, Port Orange, FL 32129

Two block-construction buildings with long-term tenants and an on-site manager collecting rent and managing the property.

Property SizeContact for details
Days on Market120

Property Features for 3459 S Ridgewood Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marlin Realty Group
Listed By: Jeff Weinert · License #CQ1045719
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marlin Realty Group

Investment Insights

Based on property information with market context.

This off-market multifamily offering includes two buildings constructed with solid block. The property is described as having long-term tenants with a history of close to full occupancy. An on-site property manager collects rent and handles day-to-day management.

Public remarks note that the address reflected in the listing may not reflect the property’s actual location, and that all information should be verified by the buyer. The deal is presented as a wholesale transaction, with only cash deals considered.

The seller is marketing the property for investors and asks buyers to conduct their own due diligence to confirm occupancy and operating details.

Key Highlights

  • 2 buildings with solid, block construction
  • Long‑term tenants that live by the intra‑coastal
  • On‑site property manager collects rent and manages the property

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Restaurant Parking Lot & Garage Hotel & Motel Grocery & Convenience Store Storage Facility Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

Demographics for 32129, FL

21,594
Population
11,991
Households
1.8
Avg Household Size
50
Median Age
25%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
2,879
Density / Sq Mi
$65,936
Median Household Income
$39,226
Median Earnings
$1,538
Median Rent
$241,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two block-construction buildings with long-term tenants and an on-site manager collecting rent and managing the property.
Where is this multifamily property located?
The property is located at 3459 S Ridgewood Ave Port Orange, FL.
What are key features of this property?
This property features: 2 buildings with solid, block construction; Long‑term tenants that live by the intra‑coastal; On‑site property manager collects rent and manages the property
More about this property
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