This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a stand alone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.
Closed
$755,000
4989 S Ridgewood Ave, Pt Orange, FL 32127
8beds
4,383sqft
Multi Family
Built in 1956
-- sqft lot
$754,200 Zestimate®
$172/sqft
$1,402 Estimated rent
Home value
$754,200
$686,000 - $830,000
$1,402/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: January 16, 2026 at 07:35am
Listed by:
Robert Rand 386-672-8530,
Coldwell Banker Commercial Benchmark,
Kayden Schaper
Bought with:
Kayden Schaper, 3395637
Coldwell Banker Commercial Benchmark
Coldwell Banker Commercial Benchmark
Source: DBAMLS,MLS#: 1214539
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Varies by Unit
Cooling
- Multi Units
Appliances
- Included: Refrigerator, Microwave, Electric Range, Dishwasher
Interior area
- Total structure area: 3,804
- Total interior livable area: 4,383 sqft
Property
Parking
- Parking features: Off Street, Parking Lot
Features
- Exterior features: Balcony, Other
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Size: 0.41 Acres
- Features: Corner Lot
Details
- Parcel number: 631020020131
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Concrete
- Roof: Other
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: 200+ Amp Service, Fuses, Underground
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Connected
Community & neighborhood
Location
- Region: Pt Orange
- Subdivision: Not on the List
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Sold | $755,000-24.5%$172/sqft |
Source:  DBAMLS #1214539 Report a problem | ||
| 6/13/2025 | Listed for sale | $999,9990%$228/sqft |
Source: DBAMLS #1214539 Report a problem | ||
| 1/30/2025 | Listing removed | $1,000,000$228/sqft |
Source: DBAMLS #1115488 Report a problem | ||
| 10/1/2024 | Price change | $1,000,000-4.8%$228/sqft |
Source: DBAMLS #1115488 Report a problem | ||
| 6/25/2024 | Price change | $1,050,000-4.5%$240/sqft |
Source: DBAMLS #1115488 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,903 | -- |
Find assessor info on the county website
Neighborhood: 32127
Nearby schools
GreatSchools rating
- 8/10Port Orange Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Silver Sands Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Spruce Creek High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$754,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$754,200
- Florida
- Volusia County
- Port Orange
- 32127
- 4989 S Ridgewood Ave