5993 S Ridgewood Avenue, Port Orange, FL

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$3,500,000

List Status: Active
5993 S Ridgewood Avenue
Port Orange, FL 32127


Top Features
  • Frontage: Canal Front, Seawall
  • Built in  1949
  • Mixed Use
Description
NOW THIS IS A HIDDEN TREASURE!! (; Located in a prime high-traffic area off of U.S. 1 (approx 3 200 cars per hour) this commercial waterfront property known as ''Hidden Treasure'' -- offers an exceptional opportunity for entrepreneurs looking to expand an established business or invest in a future thriving business. The property boasts nearly 1.17 acres of land plus an additional 1+ acre of water access leased through DEP. In addition 3 well-maintained buildings each designed to accommodate a range of business operations from restaurants to retail and all in between plus ready for immediate use. (2 tenants already in place.) This piece of real estate can accommodate up to 325 people at once! Alongside the buildings there are 3 spacious docks and seawall with 16 boat slip(s) and power/water ... perfect for boat traffic water sports rentals or any maritime-based ventures. Imagine a second level ... or rooftop ... Imagine a fuel station for local boaters ... Imagine monthly rentals for boat slips ... THE ROI IS LIMITLESS WITH THIS OPPORTUNITY! With an ample parking lot and 95 parking spots the property can easily accommodate high customer volumes ensuring smooth operations year-round. Plus the opportunity for additional income. The parking lot is designed for convenience and accessibility making it easy for patrons to enjoy everything the property has to offer or store their toys after a day on the water. The ample space allows for potential expansion or diversification providing new owners with flexibility in growing their businesses and catering to the community's needs. At the heart of the property is the popular Tiki Bar and Grille a well-established hotspot for locals and tourists alike offering a fun and relaxing atmosphere with exceptional food and drinks. Known for its laid-back vibe the Tiki Bar is a favorite spot to unwind making it a lucrative business on its own. Additionally the property also features a successful jet ski rental business
Property Details
Additional Information
Area Major
21 - Port Orange S of Dunlawton E of 95
Area Minor
21 - Port Orange S of Dunlawton E of 95
Attached Garage YN
true
Bathrooms Total Decimal
0.0
Building Features # Loading Docks
16
Building Features Max Parking Space Available
95
Building Features Pool3
Office, Restaurant, Loading Dock, Public Restroom, Storage, Fenced, Lounge, Outside Storage, Fenced3, Storage3, Kitchen Facilities, Office3
Building Features Seating Capacity4
325
Business Type Other37
Parking2, Food Beverage, Bar/Tavern/Lounge, Professional/Office, Parking, Food \u0026 Beverage, Restaurant2, ProfessionalOffice, Commercial, Commercial2, Restaurant, BarTavernLounge, Other37, Mixed, Variety, Other
Ceiling Type Exposed
true
Ceiling Type Insulated
true
Ceiling Type Wood Panel
true
Construction Materials Other8
Wood Siding, Brick, Concrete
Contract Status Change Date
2025-04-08
Cooling Other7
Window Unit(s), Ceiling Fan(s), Ceiling Fan(s)2, Central Air
Cooling YN
true
Current Use Other10
Commercial, Office, Mixed Use, Other10, Other
Currently Not Used Building Area Total
7784.0
Documents Change Timestamp
2025-04-08T14:05:46Z
Existing Lease Type Other38
Other38, Net, Other
Fencing Other14
Wood, Chain Link, Wood2
Flooring Other13
Concrete2, Wood, Tile, Concrete
General Property Information Directions
From I-95 take Exit 256 for FL-421 (Dunlawton Ave) and head east toward Port Orange. Turn right (south) onto S Ridgewood Ave (US-1). Continue for approximately 3.5 miles. The property will be on your left at the intersection of S Ridgewood Ave and E Bayshore Dr. Look for the lot marked on the corner.
General Property Information List PriceSqFt
449.64
General Property Information Waterfront YN
Yes, true
Heating Other16
Other16, Central, Other
Heating YN
true
Income and Expenses Gross Income
2500000.0
Income and Expenses Net Operating Income
2050000.0
Income and Expenses Operating Expense
450000.0
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Listing Contract Date
2025-04-08
Listing Terms Other19
Owner May Carry, Cash, Conventional
Location Beach Area
true
Location City4
true
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
6314-03-17-0010
Location Tax and Legal Tax Annual Amount
5899.5
Location Tax and Legal Tax Legal Description4
LOTS 1 & 2 BLK 17 HARBOR OAKS UNIT 1 MB 10 PGS 145-146 INC PER OR 5062 PG 1172 PER OR 8117 PG 1787 PER OR 8148 PG 1735 PER OR 8148 PG 1738
Location Tax and Legal Tax Year
2024
Lock Box Type See Remarks
Call Listing Office, Call Listing Office2
Lot Features Other18
Other18, Corner Lot, Other
Lot Size Area
0.0
Lot Size Square Feet
0.0
Major Change Timestamp
2025-04-08T14:05:44Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2025-04-08T14:15:08Z
On Market Date
2025-04-08
Owner Pays Other34
Other34, Other
Possession Other22
Close Of Escrow
Road Frontage Type Other25
State Road, County Road
Roof Other23
Metal
Security Features Other26
Security Gate, Fire Alarm, Security Fence
Sewer Unknown
Public Sewer
Showing Requirements Other27
true
StatusChangeTimestamp
2025-04-08T14:05:44Z
Tenant Pays Other35
Trash Collection2, Other Tax, Trash Collection, Common Area Maintenance, Roof2, Exterior Maintenance, Roof, All Utilities, Taxes, Exterior Maintenance2, Insurance3, Other35, Insurance, Common Area Maintenance2, Other Tax2, Taxes3, Other
Utilities Other29
Electricity Available, Water Available, Propane2, Propane, Sewer Connected
Water Source Other31
Public
Neighborhood Map
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MLS #1211797 Listing courtesy of Lpt Realty Llc provided by Daytona Beach Area Association Of REALTORS.