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Property profile

6292 S Ridgewood Ave Port Orange, FL 32127

FOR SALE
Mixed-use properties
Property ID
US19-0475561
4,852 SF Built 1920
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Property summary

AI-generated overview

Welcome to Sunset Island! This high and dry waterfront property is +/- 1 acre and is situated in the heart of the Spruce Creek Preserve and is surrounded by Strickland Bay, as well as lands owned by the State of Florida. Zoned B7 Commercial Marina allows for many potential uses such as Marina, Restaurant, Hotel, Fishing Lodge, B&B and Watercraft Rentals to name a few. With approximately 250 ft on US1/Ridgewood, you have your own turn lane from the North and a crossover in front of the drive from the South. There are 2 grandfathered-in residential units which include a 2 bedroom, 2 bathroom home and a 1 bedroom, 1 bathroom apartment rebuilt in 2015. There is also a 1700 +/- sq ft commercial building, a storage & laundry building, and a separate garage. 2 septic systems have been redone in recent years. With over 275' of water frontage, this beautiful property is located at the head waters of Spruce Creek with access to Turnbull Bay and is on the Florida Trail, a canoe/kayak trail developed by the state. You'll also find this property as part of the St Johns River to Sea route.

Property profile

Verified
Property type Mixed-use properties
Year built 1920
Total area 4,852 SF
UPID US19-0475561

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6292 S Ridgewood Ave Port Orange, FL 32127
Port Orange metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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