5310 S Ridgewood Avenue, Port Orange, FL 32127
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: matt white
Office: sloane realty, llc.
MLS#:O6379887
Source:MFRMLS
Price summary
- Price:$525,000
- Price per sq. ft.:$198.26
About this home
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...
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Home facts
- Year built:1950
- Listing ID #:O6379887
- Added:50 day(s) ago
- Updated:March 27, 2026 at 07:47 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Kitchen/Family Room Combo
- Bedroom Description:Primary Bedroom Main Floor, Walk-In Closet(s)
- Living area:2,648 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:2,648 sq. ft.
- Lot area:0.36 Acres
- Construction Materials:Concrete, Stucco
- Exterior Features:Fence
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$198.26
- Tax amount:$5,149 (2025)
Features and amenities
- Amenities:Cable Available, Ceiling Fans(s), Eat-in Kitchen, Electricity Available, Kitchen/Family Room Combo, Open Floorplan, Phone Available, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
- Pool features:Public Pool
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