Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    5080 Ridgewood Ave Port Orange, FL 32127

    • Investment properties
    • 1,659 SF
    • 0.55 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Feb 29, 2024
    $979,000
    Location Intelligence
    Property ID
    US18-5249061
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 5080 Ridgewood Ave

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.55 lot acres
    Property size
    1,659 SF
    Zone code
    B5
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    6310-12-08-0010
    APU
    631012080010

    Description

    This fully renovated 18-unit extended-stay property in Port Orange, Florida, offers a compelling investment opportunity. Located at 5080 S Ridgewood Ave, Port Orange, FL 32127, this multifamily building boasts a gross annual income of $336,000, translating to a weekly income of $6,275 per unit. The property features a 14.30% cap rate, indicating a strong return on investment. Comprehensive renovations include a new roof, electrical, mechanical, and plumbing systems, minimizing future maintenance concerns. An optional adjoining half-acre lot provides potential for expansion. The property was fully occupied as of January 31, 2023. This innovative investment alternative presents a robust cap rate solution within a thriving real estate market. The property's consistent income stream and strategic location in Port Orange make it an attractive option for investors seeking a secure and high-yielding asset. The combination of a fully renovated building, strong financial performance, and the potential for future development makes this a truly exceptional investment opportunity. Don't miss the chance to acquire this income-generating gem in the desirable Daytona Beach area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $980,000

    • CAP approach

      CAP return
      Estimation
      6%
      $870,000
      6.5%
      $925,000
      7%
      $900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $960,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $875,000
      Retail
      $830,000
      Mixed-Use
      $845,000
      Hospitality
      $665,000
      Educational
      $905,000
      Residential Income
      $870,000
      Energy
      $675,000
      Income-Based Land
      $880,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.982
    Latitude
    29.13
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,986
    $96,048
    $394,182
    $490,230
    -
    $96,048
    $394,182
    $490,230

    Comparable in this City

    • Value Estimation by Request
      4,672 SF

      5800 Victoria Gdns Blvd

      STORE/OFFICE (MIXED USE) • 4,672 SF
      5800 Victoria Gdns Blvd, Port Orange, FL 32127-7977
      View Details
    • Value Estimation
      $1,040,000
      3,908 SF

      51 Dunlawton Ave

      STORE/OFFICE (MIXED USE) • 3,908 SF
      51 Dunlawton Ave, Port Orange, FL 32127-4611
      View Details
    • Value Estimation by Request
      6,113 SF

      640 Dunlawton Ave

      STORE/OFFICE (MIXED USE) • 6,113 SF
      640 Dunlawton Ave, Port Orange, FL 32127-4341
      View Details
    • Value Estimation by Request
      5,608 SF

      4940 Peninsula Dr

      STORE/OFFICE (MIXED USE) • 5,608 SF
      4940 Peninsula Dr, Ponce Inlet, FL 32127-7312
      View Details
    • Value Estimation by Request
      5,466 SF

      5131 Ridgewood Ave

      STORE/OFFICE (MIXED USE) • 5,466 SF
      5131 Ridgewood Ave, Port Orange, FL 32127-5167
      View Details
    • Value Estimation
      $295,000
      1,800 SF

      796 Sanders Rd Ste, Unit 6

      STORE/OFFICE (MIXED USE) • 1,800 SF
      796 Sanders Rd Ste, Port Orange, FL 32127-4232
      View Details

    Similar Nearby for Sale

    • $1,200,000
      4,852 SF

      Port Orange Mixed-Use Investment

      Waterfront property, high potential.
      6292 Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $2,750,000
      10,788 SF

      55 Inlet Harbor Road, Ponce Inlet, FL 32127

      Restaurants • 10,788 SF
      55 Inlt Hbr Rd, Ponce Inlet, 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
    • $999,000

      Prime Port Orange Commercial Land

      54,014 sq ft Mixed-Use Lot, $999,000
      1736 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $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
    • $1,400,000

      Riverfront 7-Unit Income Property

      Seven-unit Airbnb, waterfront oasis, high ROI.
      5202 Riverside Dr, Port Orange, FL 32127
      View Details

    Similar Nearby for Lease

    • $1,795 /Mo
      1,200 SF

      Ponce Inlet Mixed-Use Property

      Mixed-use property in Ponce Inlet with retail space available for lease.
      4604 S Atlantic Ave, Daytona Beach, FL 32127
      View Details
    • $14 SF/Yr
      2,800 SF

      Port Orange Medical Office Condo

      2800 SF Office Condo for Lease
      3890 Turtle Creek Dr, Port Orange, FL 32127
      View Details
    • $45 SF/Yr
      15,827 SF

      Retail Space in Gateway Center

      Prime retail location with Dunlawton Avenue frontage and high visibility.
      1781 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $865 /Mo
      5,715 SF

      Port Orange Office Space Available

      Small office space for rent in Port Orange, Florida.
      4393 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $1,700 /Mo
      1,350 SF

      Versatile Warehouse Space Available

      Adaptable commercial space near Intracoastal Waterway, ideal for various businesses.
      4610 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • Contact for pricing

      Retail Space on Nova Road

      Retail space available in Port Orange shopping center.
      4025 South Nova Rd, Port Orange, FL 32127
      View Details
    Request Owner's contact information
    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.
    5080 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
    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.