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    6292 Ridgewood Ave Port Orange, FL 32127

    Sponsored
    For Sale
    $1,200,000

    Waterfront property, high potential.

    Property size:
    4,852 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Port Orange, Florida investment opportunity encompasses a sprawling 40,946.4 sq ft lot with approximately 275 feet of waterfront access on Spruce Creek, offering direct access to Turnbull Bay and the Florida Trail. The property, located at 6292 S Ridgewood Avenue, boasts a prime location on US1/Ridgewood Avenue, featuring a dedicated turn lane from the north and a crossover from the south. The 4,852 sq ft property includes a 1,700+ sq ft commercial building, a separate storage and laundry building, and a detached garage. Two existing residential units, a 2-bedroom, 2-bathroom home and a 1-bedroom, 1-bathroom apartment (rebuilt in 2015), provide additional income streams. Two recently updated septic systems serve the property. The B7 Commercial Marina zoning allows for diverse uses, including a marina, restaurant, hotel, fishing lodge, bed and breakfast, and watercraft rentals. This high and dry, one-acre property is situated in the heart of the Spruce Creek Preserve, surrounded by Strickland Bay and state-owned lands. Its location on the St. Johns River to Sea Loop provides excellent visibility and accessibility. The asking price for this unique mixed-use property is $1,200,000. Built in 1920, the property is a single-story structure.

    Property Features for 6292 Ridgewood Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,852 SF

    Building Details

    Year Built
    1920
    Stories
    1

    HighLights

    • $1,200,000 asking price for a mixed‑use property in Port Orange, FL.
    • 4,852 square feet on a 40,946.4 square foot lot.
    • Located at 6292 S Ridgewood Avenue, Port Orange, FL 32127.
    • Features a 1700+ sq ft commercial building, two residential units (2/2 and 1/1), storage/laundry building, and a separate garage.
    • B7 Commercial Marina zoning allows for diverse uses including marina, restaurant, hotel, and more.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Wholesale Shop Kitchen & Bath HVAC Service Electrical Service Computer & Electronic Repair Barber Shop Travel Agency Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9708465
    Latitude
    29.0896839

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    FAQs

    What type of property is this?
    Individual retail property - Waterfront property, high potential.
    Where is this individual retail property located?
    The property is located at 6292 Ridgewood Ave Port Orange, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for a mixed-use property in Port Orange, FL.; 4,852 square feet on a 40,946.4 square foot lot.; Located at 6292 S Ridgewood Avenue, Port Orange, FL 32127.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6292 Ridgewood Ave Port Orange, FL 32127
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