Listing Details for MLS # O6391951
5108 S Ridgewood Avenue, Port Orange, Fl 32127

Residential Property - Single Family Residence in Port Orange

Listing Price: $299,000Days on Market: 4

Description of Property

Schedule your showing today and explore the possibilities! Opportunities like this are rare! This single-family property is located in a high-visibility, prime corridor, offering unmatched flexibility, income potential, and long-term upside. This two-story, 2-bedroom, 2.5-bath home is ready for investors, renovators, or buyers looking to customize a space to fit their vision. A detached garage of approximately 700 sq ft provides valuable additional space for storage, a workshop, or future conversion. Located within the highly versatile Ridgewood Development zoning district, the property allows for residential, office, or retail use--creating multiple exit strategies and maximizing overall investment potential. Short-term rentals, including Airbnb, are permitted with no minimum night stay requirement, offering excellent cash-flow potential. No HOA and not located in a flood zone provide added peace of mind and potential insurance savings. Recent improvements include a new roof and electric service mast (October 2024), 9 new first-floor windows and a new front door (March 2025), along with foundation improvements completed by Alpha Foundations (January 2025), enhancing overall stability and value. Whether positioned as a short-term rental, long-term rental, live/work concept, business location, or fix-and-flip project, this property delivers flexibility that is increasingly hard to find in today's market. Call today for details or to schedule your private showing.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $518,511. This single family residence is listed at about 58% of the average asking price. This is the only 2 bedroom/2 bath single family residence between $200,000 and $400,000 currently listed for sale in this Zip code.