Looking for Cash Flow? Here's a CAP Rate 10.00%. Prime Corner Lot Location- 100' of frontage on Ridgewood Avenue. Income producing property with a 1485 sq ft. free remodeled standing commercial building that is currently being rented to "That's All Good" restaurant.(Business is not included.) An outdoor 504 sq ft. canopy allows 50 +/- outside seating. Parking lot is paved. Property also contains a 7 room motel. Some units have kitchenettes. New roof on motel in 2011. Restaurant roof new in 2009. Zoned Ridgewood Redevelopment. Lots of opportunity here.
Sold for $755,000
$755,000
4989 Ridgewood Ave, Port Orange, FL 32127
7beds
5,000sqft
Apartment
Built in 1975
-- sqft lot
$-- Zestimate®
$151/sqft
$2,283 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,283/mo
Zestimate® history
Owner options
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$2,283/mo
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$5,122/mo
Est. payment
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$5,122/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total interior livable area: 5,000 sqft
Property
Features
- Exterior features: Cement / Concrete, Metal
Lot
- Size: 13 sqft
Details
- Parcel number: 631020020131
Construction
Type & style
- Home type: Apartment
Materials
- masonry
Condition
- Year built: 1975
Community & neighborhood
Location
- Region: Port Orange
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $755,000-20.5%$151/sqft |
Source: Public Record Report a problem | ||
| 10/27/2022 | Listing removed | -- |
Source:  DBAMLS #1097045 Report a problem | ||
| 9/12/2022 | Listed for sale | $950,000$190/sqft |
Source: DBAMLS #1097045 Report a problem | ||
| 5/31/2022 | Contingent | $950,000$190/sqft |
Source: DBAMLS #1097045 Report a problem | ||
| 5/25/2022 | Listed for sale | $950,000+54.5%$190/sqft |
Source: DBAMLS #1097045 Report a problem | ||
| 10/24/2019 | Sold | $615,000+32.3%$123/sqft |
Source: Public Record Report a problem | ||
| 8/14/2012 | Listing removed | $465,000$93/sqft |
Source: RE/MAX SIGNATURE #525296 Report a problem | ||
| 3/8/2012 | Price change | $465,000-2.1%$93/sqft |
Source: RE/MAX SIGNATURE #525296 Report a problem | ||
| 11/18/2011 | Listed for sale | $475,000+33.8%$95/sqft |
Source: RE/MAX SIGNATURE #525296 Report a problem | ||
| 11/20/2003 | Sold | $355,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,735 +9.3% | $507,890 +21% |
| 2024 | $8,903 +7.9% | $419,745 +10% |
| 2023 | $8,251 +9.3% | $381,586 +10% |
| 2022 | $7,547 | $346,896 +10% |
| 2021 | -- | $315,360 -27.2% |
| 2020 | $9,039 | $432,979 +70.6% |
| 2019 | $9,039 +63.7% | $253,735 +3.1% |
| 2018 | $5,521 +4% | $246,105 +4.3% |
| 2017 | $5,309 +3.7% | $235,909 +30.7% |
| 2016 | $5,119 +13.3% | $180,515 +1.6% |
| 2015 | $4,520 -1.7% | $177,605 +4.2% |
| 2014 | $4,597 | $170,503 |
Find assessor info on the county website
Neighborhood: 32127
Nearby schools
GreatSchools rating
- 8/10Port Orange Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Silver Sands Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Spruce Creek High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- District: VOLUSIA
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Volusia County
- Port Orange
- 32127
- 4989 Ridgewood Ave
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