$335,000

5010 S Ridgewood Avenue, Port Orange, FL 32127

  • 3 beds |
  • 3 baths |
  • 1,542 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $217/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Don't miss your chance to own this fully rented triplex with exceptional income potential, located just minutes from the Intracoastal Waterway and world-famous beaches. Situated in a highly desirable area of Port Orange, this property is not only zoned for up to 10 units, but it's also already generating a steady monthly income of $3,200 from quality, long-term tenants. This well-maintained investment property includes: A charming 2-bedroom, 1-bath cottage with a new HVAC system. A separate studio unit featuring distinct kitchen and living spaces. A spacious 1-bedroom, 1-bath unit with a generously sized kitchen and living area. New roofs recently installed on both buildings. Whether you're an experienced investor looking to expand your portfolio or seeking a rare multifamily opportunity with future development potential, this property offers both immediate returns and long-term upside. Located in the highly regarded Port Orange school district, this triplex is close to shopping, dining, parks, and all that makes this coastal community so desirable. With zoning in place for expansion and solid rental history, this is a smart addition to any investor's portfolio. Opportunities like this are rareschedule your private showing today!

Listing Status:
Pending
Date Added:
May 14, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Florida Partners : 386-944-2800
Listing Agent:
Jonathan B Owens : 386-281-9310
MLS ID:
1213402

This listing courtesy of Jonathan B Owens, Keller Williams Realty Florida Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Port Orange Elementary School

402 Dunlawton Ave, Port Orange, FL, 32127

Grades KG-5

0.83 miles away

S

Silver Sands Middle School

1300 Herbert St, Port Orange, FL, 32129

Grades 6-8

2.07 miles away

S

Spruce Creek High School

801 Taylor Rd, Port Orange, FL, 32127

Grades 9-12

2.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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