Port Orange, FL 32127,5010 Ridgewood AVE
Port Orange, FL 32127,5010 Ridgewood AVE
Port Orange, FL 32127,5010 Ridgewood AVE
Port Orange, FL 32127,5010 Ridgewood AVE
Port Orange, FL 32127,5010 Ridgewood AVE
Port Orange, FL 32127,5010 Ridgewood AVE
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$335,000

Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

1,542 SqFt


SOLD DATE : 07/15/2025

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,542 sqft

Price per Sqft $210

Subdivision Norwood

MLS Listing ID 1213402

Sold Date 07/15/25

Bedrooms 3

Full Baths 3

Year Built 1946

Annual Tax Amount $4,509

Lot Size 10,018 Sqft

Lot Dimensions 0.23

Property Sub-Type Triplex

Source Daytona Beach Area Association of REALTORS®

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!

Location

State FL

County Volusia

Community Norwood

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

Interior

Heating Central

Cooling Central Air, Multi Units

Exterior

Parking Features Guest, Off Street, Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Few Trees

Water Public

Structure Type Block,Concrete,Frame,Stucco

New Construction No

Schools

Elementary Schools Port Orange

Middle Schools Silver Sands

High Schools Spruce Creek

Others

Senior Community No

Tax ID 6310-12-06-0050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Keller Williams Realty Florida Partners
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