5310 S Ridgewood Avenue
Port Orange, FL 32127

Listed at $525,000

Details

  • MLS# O6379887
  • Multi Unit - Multiple
  • Status Pending
  • 4 Bedrooms
  • Bathrooms
  • 2,648 Square Feet
  • 0.360 acres
  • Built in 1950
  • Local Schools

Description

Under contract-accepting backup offers. Excellent income-producing opportunity in Port Orange. This well-maintained triplex at 5310 S Ridgewood Ave is 100% tenant occupied, offering immediate cash flow for the new owner. All three units are currently leased and generating consistent rental income, making this an ideal asset for investors seeking a stabilized property.Highlights:Triplex - 3 income-producing units + fenced RV storage areaFully tenant occupiedImmediate cash flowStrong rental demand areaConvenient Port Orange locationUnit 1 is a one bedroom, one bathroom with full kitchen paying $1,060 per month.Unit 2 is a one bedroom, one bathroom,...read more with full kitchen paying $1,065 per month. Unit 3 is a two bedroom split plan with two full baths, a full kitchen, and large fenced RV/storage yard paying $2,400 per month. Tenants pay they own electric (4 electric meters). Water is paid by owner/landlord. No HOA or Condo Dues. Public sewer and Public water. Located along S Ridgewood Avenue (US-1), the property benefits from strong visibility and convenient access to shopping, dining, major roadways, and area employers. The Port Orange market continues to show solid rental demand, supporting long-term appreciation and dependable returns.Whether you are expanding an existing portfolio or entering the multi-family market, this property presents a turnkey investment with upside potential. Take advantage of this 8+ cap rate with current tenants while it is still available. Properties with this level of cash flow sell quickly. Located within The Ridgewood Development District which is designed to encourage the development and redevelopment, modernization, and beautification of the Ridgewood Avenue. Wide range of permitted uses includes Adult vocational education / Appliance & electronic repair shops / Athletic sports facilities / Auction houses / Banks / Boat sales / Business services / Clubs, lodges, and fraternal organizations / Commercial & industrial equipment and supplies / Convenience stores with or without fuel operations / Equipment rental / Financial services / Fleet-based services / Fortunetellers, astrologers, and palm readers / Funeral homes / Furniture and appliance stores / Greenhouses and nurseries (wholesale and retail) / Health/exercise club / Hotels / Houses of worship / Laboratory, research and development / Maintenance contractors / Manufacturing / Medical offices & clinics / Mobile home sales / Motor vehicle sales / Motor vehicle service centers / Motor vehicle service stations / Offices / Pawn shops / Personal services / Restaurants / Retail home building materials / Retail sales and services / Tattoo establishment / Taxidermy / Theaters / Veterinary clinics / Wholesalers and distributors / Xerographic and offset printing and potentially much more

Features

  • Central Air, Wall/Window Unit(s)
  • Central, Electric, Ductless
  • 1.0 Story
  • $5,149 Taxes
  • Public
  • Built in 1950
View All Features

Contact the Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/08/2026. The listing information on this page last changed on 03/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/08/2026 12:09:49 AM EST) or Miami MLS (last updated Sat 03/07/2026 11:58:39 PM EST) or Stellar MLS (last updated Sat 03/07/2026 11:58:56 PM EST) or Daytona MLS (last updated Sat 03/07/2026 11:36:56 PM EST) or Tallahassee MLS (last updated Sat 03/07/2026 10:48:02 PM EST) or Northeast Florida MLS (last updated Sat 03/07/2026 11:58:46 PM EST) or My State MLS (last updated Sat 03/07/2026 11:30:21 PM EST) or Florida Keys MLS (last updated Sat 03/07/2026 8:29:20 PM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Annual Net Income: 43531.00
  • Community Features: Street Lights
  • Cooling: Central Air, Wall/Window Unit(s)
  • Days on Site: 31
  • Directions: Start in Orlando:â?? Get on I-4 East from downtown Orlando.Follow I-4 E:â?? Drive east toward Daytona/Daytona Beach (continue on I-4 E for ~40â??45 miles).Transition to I-95 S:â?? Take the exit to I-95 South toward Daytona Beach.Exit at Port Orange:â?? Ta
  • Exterior: Concrete, Stucco
  • Exterior Features: Fence, Private Entrance, Storage
  • Flood Zone Code: X
  • Foundation: Slab
  • Heating: Central, Electric, Ductless
  • Home Warranty Y/N: No
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
  • Listing Terms: Cash, Conventional
  • Lot Dimensions: 0.36
  • Lot Size: 0.36 Acres
  • Other Equipment: Private Entrance
  • Ownership: Fee Simple
  • Pets Allowed: Cats OK, Dogs OK
  • Property Attached Y/N: No
  • Property Sub-Type: Triplex
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Showing Instructions: Listing Agent Must Accompany, No Lockbox, ShowingTime
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $5,149
  • Units: 3
  • Utilities: Cable Available, Electricity Available, Phone Available, Public, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1950
  • Zoning: 01B4