5993 Ridgewood Avenue, Port Orange, FL 32127
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  • MLS#: 1211797 ( Commercial Sale )
  • Street Address: 5993 Ridgewood Avenue
  • Viewed: 1
  • Price: $3,500,000
  • Price sqft: $450
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 7784
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Port Orange
  • Zipcode: 32127
  • Provided by: LPT Realty, LLC
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • 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, providing customers with exhilarating water sports experiences while capitalizing on the prime waterfront location. Whether you're looking to invest in an established waterfront business, expand your current operations, or simply capitalize on the prime Rose Bay waterfront location, this "hidden treasure" offers tremendous value and potential. With its unique combination of commercial buildings, parking lot space, ability to build up, waterfront access, docks/slips and a successful existing business portfolio, this property stands out as a hidden gem in the heart of a thriving community! Don't wait ... CALL TODAY FOR MORE INFO!
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Features
Building and Construction
  • Fencing: Chain Link, Wood
  • Flooring: Concrete, Tile, Wood
  • Roof: Metal
Land Information
  • Lot Features: Corner Lot, Other
Garage and Parking
  • Parking Features: Additional Parking, Attached, Guest, Parking Lot, Other
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air, Ceiling Fan(s), Window Unit(s)
  • Heating: Central, Other
  • Road Frontage Type: County Road, State Road
  • Sewer: Public Sewer
  • Utilities: Propane, Electricity Available, Sewer Connected, Water Available
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: All Utilities, Common Area Maintenance, Exterior Maintenance, Insurance, Other Tax, Roof, Taxes, Trash Collection, Other
Other Features
  • Legal Description: 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
  • Parcel Number: 6314-03-17-0010
Owner Information
  • Owner Pays: Other
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Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Mobile: 407.448.1042
  4. frank4074481042@gmail.com