5901 Ridgewood AvePort Orange, FL 32127

This exceptional investment property, located at 5901 S Ridgewood Avenue in Port Orange, Florida (zip code 32127), presents a rare opportunity. Built in 1946, this special purpose property boasts a highly productive income stream from a restaurant lease (with a minimum of three years remaining) and a residential building. The property sits on a busy corner lot at a four-way traffic light intersection on US Highway 1 (Ridgewood Avenue), ensuring high visibility and accessibility. Ample parking is available on-site and on the adjacent Palm Avenue. The restaurant building has undergone significant renovations, including a new roof, HVAC system, plumbing, and electrical panels. The residential building, currently configured as a single-family residence, also features a new roof, HVAC system, plumbing, and electrical upgrades and could easily be converted back into a duplex. This property offers excellent income potential and is ideal for a 1031 exchange. The asking price is $850,000. Don't miss this chance to acquire a well-maintained, high-return investment in a prime Port Orange location. The property's location offers exceptional visibility and accessibility, making it an attractive investment for both short-term and long-term growth.