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, Waterfront Features: Canal Front, Waterfront Features: 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, Building Features: Public Restroom, Fenced, Building Features: Restaurant, Outside Storage, Building Features: Fenced, Building Features: Loading Dock, Restaurant, Loading Dock, Building Features: Lounge, Public Restroom, Storage, Building Features: Kitchen Facilities, Building Features: Storage, Lounge, Kitchen Facilities, Building Features: Outside Storage, Building Features: Office
Building Features Seating Capacity4
325
Business Type Other37
Business Type: Commercial, Business Type: Mixed, Bar/Tavern/Lounge, Business Type: Food & Beverage, Business Type: Restaurant, Professional/Office, Parking, Business Type: Parking, Business Type: Other, Food \u0026 Beverage, Commercial, Restaurant, Business Type: Bar/Tavern/Lounge, Mixed, Business Type: Professional/Office, Variety, Business Type: Variety, Other
Ceiling Type Exposed
true
Ceiling Type Insulated
true
Ceiling Type Wood Panel
true
Construction Materials Other8
Wood Siding, Brick, Construction Materials: Wood Siding, Construction Materials: Concrete, Concrete, Construction Materials: Brick
Contract Status Change Date
2025-04-08
Cooling Other7
Cooling: Ceiling Fan(s), Window Unit(s), Cooling: Central Air, Cooling: Window Unit(s), Ceiling Fan(s), Central Air
Cooling YN
true
Current Use Other10
Commercial, Office, Current Use: Office, Current Use: Commercial, Current Use: Other, Mixed Use, Current Use: Mixed Use, Other
Currently Not Used Building Area Total
7784.0
Documents Change Timestamp
2025-04-08T14:05:46Z
Existing Lease Type Other38
Existing Lease Type: Other, Net, Existing Lease Type: Net, Other
Fencing Other14
Wood, Fencing: Chain Link, Chain Link, Fencing: Wood
Flooring Other13
Flooring: Tile, Flooring: Wood, Wood, Tile, Concrete, Flooring: 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
Heating: Central, Central, Other, Heating: 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
Listing Terms: Owner May Carry, Listing Terms: Conventional, Owner May Carry, Listing Terms: Cash, 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, Lock Box Type: Call Listing Office
Lot Features Other18
Corner Lot, Lot Features: Corner Lot, Lot Features: Other, 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
2025-04-08T14:14:53Z
On Market Date
2025-04-08
Owner Pays Other34
Owner Pays: Other, Other
Possession Other22
Close Of Escrow, Possession: Close Of Escrow
Road Frontage Type Other25
Road Frontage Type: County Road, State Road, County Road, Road Frontage Type: State Road
Roof Other23
Roof: Metal, Metal
Security Features Other26
Security Gate, Security Features: Security Fence, Fire Alarm, Security Fence, Security Features: Fire Alarm, Security Features: Security Gate
Sewer Unknown
Sewer: Public Sewer, Public Sewer
StatusChangeTimestamp
2025-04-08T14:05:44Z
Tenant Pays Other35
Tenant Pays: Roof, Tenant Pays: Common Area Maintenance, Tenant Pays: Exterior Maintenance, Tenant Pays: Taxes, Other Tax, Trash Collection, Common Area Maintenance, Tenant Pays: Insurance, Exterior Maintenance, Roof, All Utilities, Taxes, Insurance, Tenant Pays: All Utilities, Tenant Pays: Other, Tenant Pays: Trash Collection, Tenant Pays: Other Tax, Other
Utilities Other29
Electricity Available, Utilities: Water Available, Utilities: Electricity Available, Water Available, Utilities: Sewer Connected, Propane, Utilities: Propane, Sewer Connected
Water Source Other31
Water Source: Public, Public
Neighborhood Map
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MLS #1211797 Listing courtesy of Lpt Realty Llc provided by Daytona Beach Area Association Of REALTORS.