$525,000
Off-Market Date: 02/07/20265310 S Ridgewood Avenue Port Orange, FL 32127
Pending MLS# O6379887
4 beds 4 baths 2,648 sq ft Multi-family
Details for 5310 S Ridgewood Avenue
MLS# O6379887
Description for 5310 S Ridgewood Avenue, Port Orange, FL, 32127
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 area Fully tenant occupied Immediate cash flow Strong rental demand area Convenient Port Orange location Unit 1 is a one bedroom, one bathroom with full kitchen paying $1,060 per month. Unit 2 is a one bedroom, one bathroom, 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
Listing Information
Property Type: Residential, Triplex
Status: Pending
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.36 Acres
Square Feet: 2,648 sq ft
Year Built: 1950
Stories: 1 Story
Construction: Concrete,Stucco
Subdivision: Allandale
Foundation: Slab
Number Of Units Total: 3
County: Volusia
Interior Features
Additional Interior Features: Eat-In Kitchen, Ceiling Fan(s), Main Level Primary, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Municipal Utilities,Phone Available,Water Connected
Cooling: Wall/Window Unit(s), Ceiling Fan(s), Central Air
Heating: Central, Electric, Window Unit, Wall Furnace
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 75x210
Additional Exterior/Lot Features: Fence, Private Entrance, Storage
Community Features
Community Features: Street Lights
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2400
Unit 1 Baths Total: 2
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1065
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1060
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Driving Directions
Start in Orlando: – Get on I-4 East from downtown Orlando. Follow I-4 E: – Drive east toward Daytona/Daytona Beach (continue on I-4 E for ~40–45 miles). Transition to I-95 S: – Take the exit to I-95 South toward Daytona Beach. Exit at Port Orange: – Take Exit 256 for FL-421 toward Port Orange (Dunlawton Ave/ Taylor Rd). Go east on FL-421: – Continue on FL-421 E (Dunlawton Ave) for a few miles toward US-1 (Ridgewood Ave). Turn right onto S Ridgewood Ave (US-1 S): – Head south on US-1 (S Ridgewood Ave). Arrive: – 5310 S Ridgewood Ave will be on your right.
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Electricity
Gross Income: 55080
Tax/Property ID: 63-10-07-16-00-1000
Tax Amount: 5149
Tax Year: 2025
A broker reciprocity listing courtesy: SLOANE REALTY, LLC
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Sales History & Tax Summary for 5310 S Ridgewood Avenue
Sales History
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| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5310 S Ridgewood Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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