5202 Riverside Drive

For Sale

5202 Riverside Drive, Port Orange, FL 32127

This Port Orange property for sale is located at 5202 Riverside Drive. The current listed sale price for 5202 Riverside Drive is $1,400,000. 5202 Riverside Drive is situated on a lot that is 0.74 acre in size.

Contacts

broker

Dino Dodani

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 2,009 SF
  • Units 7
  • Lot Size 0.74 Acre
  • Additional Rent Contact for pricing
  • Year Built 1920
  • Year Renovated 2024
  • Date Updated Oct 8, 2024
5202 Riverside Dr., Port Orange, Florida, is an exceptional property that offers a unique combination of income-generating opportunities and a picturesque waterfront lifestyle. Situated along the serene Riverside Drive, this property comprises a main house and three separate apartments, all surrounding a delightful pool area. The main house is a charming residence that presents an ideal living space for the new buyer. With its prime location at the front of the property, it offers breathtaking views of the beautiful river waterfront. Imagine waking up to stunning sunrises, with the glistening water just steps away from your doorstep. The house boasts spacious rooms and large windows that allow for abundant natural light and maximize the scenic views. The property's three apartments provide an excellent opportunity for generating income. Each apartment is thoughtfully designed and offers comfortable living spaces for tenants. With the popularity of the area, particularly for beach and water enthusiasts, these apartments have the potential to attract renters seeking a coastal lifestyle. The pool area serves as a fantastic amenity for both the main house and apartment tenants, providing a relaxing oasis to enjoy the Florida sun. One of the standout features of this property is the private dock, which allows the new owner to park their boat and indulge in waterfront activities. Whether it's a leisurely cruise along the intracoastal waterway or venturing out to explore the Daytona Beach peninsula, this dock provides convenient access to the water. The captivating views of the skyline across the waterway create a stunning backdrop to enjoy throughout the day. 5202 Riverside Dr. offers an enticing opportunity to combine investment potential with an idyllic waterfront lifestyle. The property's main house provides the perfect residence for the owner, with its stunning riverfront views, while the three apartments offer a steady stream of income. Additionally, the dock and the proximity to the intracoastal waterway and Daytona Beach peninsula enhance the appeal of this remarkable property.Introducing a prime investment opportunity: This distinguished property, featuring 7 units, is an exceptional addition to your Multifamily/Single Family Rental Portfolio. Each unit is thoughtfully designed to provide optimal comfort and convenience for tenants. With a focus on superior quality and modern amenities, this property presents a compelling investment for those seeking a robust rental portfolio. The prime location and the lucrative potential of its 7 units make this a noteworthy addition to your real estate portfolio, ensuring enduring value and strong returns for years to come. This Property can be rented out on air bnb and consists of the main house that has two sections that can be rented out individually as a three bedroom and two bedroom or it can be rented out as one unit, there are three studios that are rented out weekly at $400 a week and two one bedroom units.

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Highlights

  • 7 thoughtfully designed rental units for maximum tenant comfort
  • - Superior quality and modern amenities for a desirable living experience
  • - Prime location in the sought-after Port Orange area
  • - Compelling addition to a Multifamily/Single Family Rental Portfolio
  • - Lucrative potential for strong returns and enduring value

Attachments

Getting around

  • 49/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Port Orange, FL
  • Neighborhood Port Orange
  • Zip Code 32127
  • Market North Central Florida

Points of Interest

  • Hess

    0.80 miles

  • 7-Eleven

    1.29 miles

  • Wawa

    1.74 miles

  • Shell

    2.09 miles

  • Cumberland Farms

    2.12 miles

  • Citgo

    2.47 miles

  • Tesla Supercharger

    3.67 miles

  • Daytona Beach Supercharger

    7.22 miles

  • Sugar Mill Visitor Parking

    1.93 miles

  • Gemini (Purple Permit)

    5.49 miles

  • Micaplex (B & Y Permit)

    5.55 miles

  • Sabre West (Blue Permit)

    5.87 miles

  • Columbia (Yellow Permit)

    5.88 miles

  • Sabre (Blue Permit)

    5.88 miles

  • Citation Center (Yellow Permit)

    5.89 miles

  • Atlantis South (B/G/Y Permit)

    5.90 miles

  • Columbia (Blue Permit)

    5.90 miles

  • Lindbergh (Blue Permit)

    5.92 miles

  • Dusk to Dawn Motel

    0.82 miles

  • Famous Shores Motel

    1.35 miles

  • Beach Quarters Resort

    1.46 miles

  • Tropical Suites Daytona Beach

    1.49 miles

  • Sand Castle Motel

    1.58 miles

  • Pirate's Cove

    1.72 miles

  • Days Inn by Wyndham Daytona Oceanfront

    1.83 miles

  • Bluegreen Dolphin Beach Club

    1.86 miles

  • Beachside Hotel

    2.01 miles

  • Holiday Inn Express & Suites Oceanfront Daytona Beach Shores

    2.03 miles

  • Winn-Dixie

    1.17 miles

  • Publix

    1.47 miles

  • Rent-A-Center

    1.48 miles

  • Bealls

    1.49 miles

  • Ross

    1.63 miles

  • Big Lots

    1.70 miles

  • Save-A-Lot

    1.72 miles

  • Walmart Supercenter

    2.62 miles

  • Perrine's Produce

    2.91 miles

  • Sunshine Park Mall

    2.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Dino Dodani

eXp Commercial