5901 Ridgewood Ave Port Orange, FL 32127-6801
Property profile & analytics
5901 Ridgewood Ave, Port Orange, FL 32127-6801
- Turn key restaurants
- 2,180 SF
- 0.12 lot acres
Property ID
US18-3658005
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.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 5901 Ridgewood Ave
- Year built
- 1946
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Zone code
- B4
- Property type
- Turn key restaurants
- APN
- 6314-03-14-0160
- APU
- 631403140160
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Port Orange
- County
- Volusia
- State
- Florida
- Longitude
- -80.9728
- Latitude
- 29.1079
- 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
$3,022
$19,418
$144,655
$164,073
-
$19,418
$144,655
$164,073
