4 months on rocket

5310 S Ridgewood Ave, Port Orange, FL, 32127

$519,000

Home List Price

$6,163*

Closing Credit

4 Bedrooms
4 Baths
2,478 SqFt
$209/SqFt
Multi

Location

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5310 S Ridgewood Ave, Port Orange$519,000

Buyer Closing Credits

$6,163*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1950
HeatingCentral, Electric, Window Unit(s)
CoolingCentral Air, Wall/Window Unit(s)
MLS #O6230846
Lot Size0.36 Acres
StatusActive

About 5310 S Ridgewood Ave

3 apartments plus a large storage yard that has an RV pad with full water, electric, and sewer hookups. Commercial Zoning, Approved for Mixed-Use Including Retail, Apartments, Storage, and Residential. Apt 1, featuring 1 bed/1 bath, is currently leased at $995. Apt 2, offering the same layout, commands $950/month. Apt 3, boasting 2 beds/2 baths is leased at $1,595 monthly. Landlord pays water and tenants pay electric. The storage lot/RV Pad was formerly leased at $700/month. This property's maintenance has been meticulously attended to, with the roof and central AC replaced in 2019 (1 bed units have window AC's). Additional updates such as upgraded electrical systems and water heaters replaced in 2015 and 2019 ensure modern functionality and efficiency. Plumbing infrastructure features CPVA/PVC. This property offers a hassle-free management experience. Whether you're seeking an excellent income investment or considering owner occupancy, this property provides a versatile and lucrative opportunity. Don't miss out on this rare chance to acquire a meticulously maintained income property in a highly sought-after location. Commercial zoning within the Ridgewood development district. Permitted uses include Retail, Storage, Multifamily, Pawnshop, appliance/electronic repair shop, Boat sales, Fraternal Organizations, industrial equipment supplies, Convenience stores with or without fuel, equipment rental, funeral home, Greenhouse/Nursery, Health/exercise club, Hotel, manufacturing, medical office, Mobile home sales, Offices, Restaurant, Tattoo establishment, and much more. Prime location near beaches, the Intercoastal, shopping centers, restaurants, and much more. Current owner pays $2,771 annual insurance premium and Real Estate taxes for 2023 were $5,689

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 2,478 SqFt

Listing Office:

  • Office Name: SLOANE REALTY, LLC
  • Office Phone: (407) 829-2418
  • Listing Agent: Matt White

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence, Private Mailbox, Rain Gutters, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 5310 S Ridgewood Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Turn right onto FL-415 Alt N Turn left at the 1st cross street onto State Rte 415 N Continue onto Tomoka Farms Rd 5.0 mi Turn right onto Taylor Rd 3.1 mi Continue onto Dunlawton Ave 0.1 mi Turn right onto Taylor Rd/Taylor Branch Rd Continue to follow Taylor Rd 2.1 mi Use the left 2 lanes to turn left onto Spruce Creek Rd 1.2 mi Turn right onto Commonwealth Blvd 0.9 mi Turn right onto S Ridgewood Ave Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,000
  • Price Per SqFt: $209/SqFt

Tax Information:

  • Annual Amount: $3,372
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Port Orange, FL.

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Port Orange, FL

City

Med. Sold Price

$364.3K

Med. Price/SqFt

$223

Avg. Days On Market

82

# of Sold Homes

49

5310 S Ridgewood Ave vs Port Orange

131 DAYS ON ROCKET

+49 Days

$519,000

+$154.6K More

$209/SqFt

-$15 Less

KEY TAKEAWAY

This property is $154.6K more than the Median Sold Price and $15/SqFt less than other homes in Port Orange, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6230846

Listing Office:

  • Office Name: SLOANE REALTY, LLC
  • Office Phone: (407) 829-2418
  • Listing Agent: Matt White

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 10, 2019Home Sold
$100,000
Jan 21, 2015Home Sold
$55,000
Feb 06, 2002Home Sold
$128,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,372$169,963
2019$2,616$116,184
2018$2,212$105,622
2017$2,217$102,758

History based on county public records data.

Payment Calculator

$2,658

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,622

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4290506
7
/10

  • Port Orange Elementary School

  • 402 Dunlawton Ave

  • 1.54 miles

  • Public District Grades KG-5

school-card-donut-4290507
7
/10

  • Spruce Creek Elementary School

  • 642 Taylor Rd

  • 2.02 miles

  • Public District Grades KG-5

school-card-donut-4290508
6
/10

  • Sugar Mill Elementary School

  • 1101 Charles St

  • 2.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,716. Most Port Orange, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Volusia County›Port Orange›32127›5310 S Ridgewood Ave

This home is located at 5310 S Ridgewood Ave in Port Orange, FL and zip code 32127 in the Allandale neighborhood. This 2,478 square foot home, which was built in 1950, sits on a 0.36 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $519,000.

Over 2 listings were sold over their listed price in November 2024 in Port Orange, FL. In the same period over 40 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Port Orange, FL between October 2024 and November 2024 decreased by 4.5%. Listings spent 82 days on the market in November 2024, and had a median list price of $364,333 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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