5310 S RIDGEWOOD AVE Active

Port Orange,FL 32127

$ 489900

- Bed

0 Bath

2478 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 2,478 sqft

Price per Sqft $197

Subdivision Allandale

MLS Listing ID O6275825

Year Built 1950

Annual Tax Amount $6,211

Lot Size 0.360 Acres

Property Sub-Type Hotel/Motel

Property Description

Property is located within the Ridgewood Development District, which is designed to encourage the development and redevelopment of the Ridgewood Avenue corridor. It is intended to accommodate a mixture of office, commercial, warehouse/storage, and limited industrial uses. please see attached list of permitted uses. The property is currently leased as 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 Hotel/Motel, 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. Storage yard was leased at $700 per month. Landlord pays water and tenants pay electric.

Location

State FL

County Volusia

Community Allandale

Zoning 01B4

Interior

Cooling Central Air,Wall/Window Unit(s)

Building

Story 1

Foundation Slab

Structure Type Block,Stucco

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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