FL > Port Orange > Norwood
Port Orange, FL 32127,5010 S RIDGEWOOD AVE
People's Trust Realty Inc.
People's Trust Realty Inc.

Professional Realtor | CQSL3118058

+1(727) 946-0904

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$ 325,000

$ 335,000 3.0%

Est. payment /mo
Sold on 07/15/2025

5010 S RIDGEWOOD AVE Port Orange, FL 32127

1,542 SqFt

UPDATED:

Key Details

Sold Price $325,000

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 V4942567

Year Built 1946

Annual Tax Amount $4,509

Lot Size 10,454 Sqft

Property Sub-Type Triplex

New Construction false

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 rare. Schedule your private showing today!

Location

State FL

County Volusia

Community Norwood

Area 32127 - Port Orange/Ponce Inlet/Daytona Beach

Zoning 01B4

Interior

Heating Central

Cooling Central Air

Laundry Inside

Exterior

Exterior Feature Other

Parking Features Common, Guest

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Schools

Elementary Schools Port Orange Elem

Middle Schools Silver Sands Middle

High Schools Spruce Creek High School

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by KELLER WILLIAMS RLTY FL. PARTN
Bought with STELLAR NON-MEMBER OFFICE
agent

People's Trust Realty Inc.

Professional Realtor | CQSL3118058

+1(727) 946-0904

GET MORE INFORMATION

Name
Phone*
Message
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5010 S RIDGEWOOD AVE

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