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5010 S Ridgewood Avenue

Port Orange, FL 32127

– beds
– baths
1,542 sqft
10,400 sqft lot
$217 per sqft
1946 build
– on site

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 rare. Schedule your private showing today!

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS RLTY FL. PARTN

Last checked: Checking… • Last updated May 15, 2025 •

MLS# V4942567 —

The Building

Year Built:

1946
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
# of Buildings:

2
Building Area Total:

2156
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

1542
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Dunlawton Ave about a 1 mile south of on US1.
Latitude:

29.132611
Longitude:

-80.98314
Coordinates:

-80.98314, 29.132611

The Property

Parcel Number:

63101206005000
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.24
Lot Size Area:

10400
Lot Size SqFt:

10400
Lot Size Dimensions:

50 x 200
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

01B4
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

5
Tax Block:

6
Tax Legal Description:

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
Tax Book Number:

5-1
Tax Annual Amount:

$4,509.85

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Inside

Schools

Elementary School:

Port Orange Elem
Middle Or Junior School:

Silver Sands Middle
High School:

Spruce Creek High School

The Community

Subdivision Name:

NORWOOD
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Parking Features:

Common

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/14/25 May 14, 2025	Listed / Active	STELLAR_MLS	$335,000

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This multifamily located in Norwood, Port Orange, FL 32127 is currently for sale for $335,000. 5010 S Ridgewood Avenue is a 1,542 square foot multifamily with – beds and – baths that has been on Estately for 6 days. 5010 S Ridgewood Avenue is in the Norwood neighborhood of Port Orange and has a WalkScore® of 45, making it car-dependent.

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS RLTY FL. PARTN.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.