5010 S Ridgewood Avenue, Port Orange, FL

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$335,000

($217/sqft)

List Status: Pending
5010 S Ridgewood Avenue
Port Orange, FL 32127


3 beds
3 baths
1542 living sqft
Top Features
  • Subdivision: Norwood
  • Built in  1946
  • Triplex
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!,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 po
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
false
Bathrooms Total Decimal
3.0
Bathrooms Total Integer
3
Construction Materials Other8
Stucco, Frame, Block, Concrete
Contract Status Change Date
2025-05-21
Cooling Other7
Multi Units, Central Air
Cooling YN
true
Current Use Other10
Residential, Multi-Family
Currently Not Used Bathrooms Total
3.0
Currently Not Used Building Area Total
1542.0, 2156.0
Currently Not Used Carport YN
No, false
Currently Not Used Entry Level
1, 1.0
Currently Not Used Garage YN
No, false
Currently Not Used Living Area Source
Public Records
Currently Not Used New Construction YN
No, false
Days On Market
7
Documents Change Timestamp
2025-05-14T20:09:01Z
Flooring Other13
Wood, Tile, Carpet
General Property Information CDD Fee YN
No
General Property Information Direction Faces
East
General Property Information Directions
From Dunlawton Ave about a 1 mile south of on US1.
General Property Information List PriceSqFt
217.25
General Property Information Lot Size Dimensions
50.0 ft x 200.0 ft
General Property Information Number Of Buildings2
2.0
General Property Information Number Of Units Total2
3, 3.0
General Property Information Senior Community YN
No, false
General Property Information Stories
1
General Property Information Stories Total
1
General Property Information Waterfront YN
No, false
Heating Other16
Central
Heating YN
true
Income Includes Storage2
Rent Only
Income and Expenses Gross Income
38400.0
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Levels Three Or More
One
Listing Contract Date
2025-05-14
Listing Terms Other19
Cash, Conventional
Location Tax and Legal Country
US
Location Tax and Legal Elementary School
Port Orange
Location Tax and Legal High School
Spruce Creek
Location Tax and Legal Middle School
Silver Sands
Location Tax and Legal Parcel Number
6310-12-06-0050
Location Tax and Legal Tax Annual Amount
4509.85
Location Tax and Legal Tax Legal Description4
10-16-33 LOT 5 & S 2 FT OF LOT 4 EXC RD RWY BLK 6 NORWOOD MB 5 PG 1 MB 15 PG 174 PER OR 4874 PG 0875 PER OR 5621 PG 0232 & OR 5909 PG 3144 PER OR 7573 PG 3477 PER OR 7792 PG 3261 PER OR 8209 PG 0412
Location Tax and Legal Tax Year
2024
Location Tax and Legal Zoning Description
Multi Family
Lot Features Other18
Few Trees
Lot Size Area
0.23
Lot Size Square Feet
10018.8
Lot Size Units
Acres
Major Change Timestamp
2025-05-21T15:07:20Z
Major Change Type
Status Change
Mls Status
Pending
Modification Timestamp
2025-05-21T15:07:53Z
Off Market Date
2025-05-21
On Market Date
2025-05-14
Owner Pays Other34
Water, Taxes, Grounds Care, Taxes2, Water4
Possession Other22
Subject To Tenant Rights
Purchase Contract Date
2025-05-21
Road Frontage Type Other25
City Street
Road Surface Type Paved
Paved
Roof Other23
Shingle
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2025-05-21T15:07:17Z
Tenant Pays Other35
Cable TV, Electricity, Cable TV4, Electricity2
Unit 1 Details Actual Rent
1250.0
Unit 1 Details Beds Total
2
Unit 1 Details Full Baths Total
1
Unit 1 Details Furnished3
Unfurnished
Unit 1 Details Unit ID
Cottage
Unit 1 Details Unit Remarks
NA
Unit 1 Details Unit SqFt
858.0
Unit 2 Details Actual Rent2
850.0
Unit 2 Details Full Baths Total2
1
Unit 2 Details Furnished4
Unfurnished
Unit 2 Details Unit ID2
Studio
Unit 2 Details Unit Remarks2
Studio/Efficiency
Unit 2 Details Unit SqFt2
285.0
Unit 3 Details Actual Rent3
1100.0
Unit 3 Details Beds Total3
1
Unit 3 Details Full Baths Total3
1
Unit 3 Details Furnished5
Unfurnished
Unit 3 Details Unit ID3
1/1
Unit 3 Details Unit Remarks3
NA
Unit 3 Details Unit SqFt3
434.0
Utilities Other29
Water Connected, Electricity Connected, Sewer Connected
Water Source Other31
Public
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MLS #1213402 Listing courtesy of Keller Williams Realty Florida Partners provided by Daytona Beach Area Association Of REALTORS.