Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5901 Ridgewood Ave Port Orange, FL 32127

    Sponsored
    For Sale
    $850,000

    High-yield restaurant & residential property.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 5901 Ridgewood Ave

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1946

    HighLights

    • Asking price: $850,000
    • Property type: Special Purpose, suitable for 1031 exchange
    • Built in 1946
    • Located at 5901 S Ridgewood Avenue, Port Orange, FL 32127, on a high‑traffic intersection with excellent visibility.
    • Features a restaurant with a 3+ year lease and a residential building (convertible to a duplex).
    • Recent renovations include new roofs, HVAC systems, plumbing, and electrical panels in both the restaurant and residential buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9728391
    Latitude
    29.1079268

    Nearby Similar for Sale

    • $565,000
      4,311 SF

      Mixed-Use Income Property, Port Orange

      Mixed-use income property with residential and commercial units in Port Orange.
      417 Oak Pl, Port Orange, FL 32127
      View Details
    • $3,500,000
      7,784 SF

      Waterfront Commercial Property with Docks

      Prime waterfront property with buildings, docks, and existing businesses.
      5993 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • New
      $1,750,000
      3,106 SF

      Port Orange Commercial Building on 2+ Acres

      Versatile commercial building on 2+ acres in Port Orange.
      1495 Herbert St, Port Orange, FL 32129
      View Details
    • $990,000
      2,240 SF

      Turnkey Triplex Investment Opportunity

      Renovated triplex in Port Orange, zoned for short-term rentals.
      5070 Orange Blvd, Port Orange, FL 32127
      View Details
    • $1,995,000
      4,198 SF

      Prime Port Orange Office Building

      Two-story, 4,198 SF Class B office building for sale.
      51 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $675,000
      2,240 SF

      Upgraded Warehouse Opportunity in Port Orange

      Upgraded double warehouse unit in a sought-after Port Orange area.
      601 Oak St, Port Orange, FL 32127
      View Details
    • $839,900
      1,636 SF

      Port Orange Commercial Property on US1

      Commercial property with office, garage, outbuildings, and parking income.
      5536 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $827,900
      Pending

      Port Orange Commercial Property on US1

      Commercial property with office, garage, outbuildings, and paved parking.
      5536 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $999,999
      4,383 SF

      Mixed-Use Investment Opportunity

      Fully occupied residential and commercial property in prime location.
      4989 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $399,900
      2,280 SF

      Port Orange Commercial Condo Units

      Two combined commercial condo units with showroom, offices, and warehouse.
      4643 Clyde Morris Blvd, Port Orange, FL 32129
      View Details
    • $594,900
      1,785 SF

      Renovated Triplex in Port Orange

      Income-producing triplex in a short-term rental zone.
      406 Oak St, Port Orange, FL 32127
      View Details
    • $849,999
      5,100 SF

      Port Orange Commercial Investment Property

      National tenant occupied property with long-term lease and steady income.
      4651 S Ridgewood Ave, Port Orange, FL 32127
      View Details

    FAQs

    What type of property is this?
    Specialty property - High-yield restaurant & residential property.
    Where is this specialty property located?
    The property is located at 5901 Ridgewood Ave Port Orange, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Asking price: $850,000; Property type: Special Purpose, suitable for 1031 exchange; Built in 1946
    Request Owner's contact information
    5901 Ridgewood Ave Port Orange, FL 32127
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5901 Ridgewood Ave
    Port Orange, FL 32127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5901 Ridgewood Ave Port Orange, FL 32127
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.