Listing Details for MLS # V4945897
5416 Frederick Lake Drive, Port Orange, Fl 32128

Residential Property - Single Family Residence in Port Orange

Listing Price: $399,999Days on Market: 15

Description of Property

Welcome to 5416 Frederick Lake Drive, a beautifully maintained 4-bedroom, 2-bath home nestled in the sought-after Forest Lake Preserve community of Port Orange. This move-in ready gem combines comfort, convenience, and serious efficiency—just minutes from shopping, dining, the beach, I-95, and everything you could wish for. This home’s superpower is its financial and energy package: an assumable FHA mortgage at 3 percent with a current balance of $211,202 and total payment of approximately $1,668 per month (PITI, per seller; subject to lender approval and buyer qualification) paired with a 30-panel solar array installed with the new roof in 2022, producing an average of 1.22 MWh per month. In a high-rate, high-utility-cost environment, this combination offers a rare opportunity to lower both your monthly payment and your power bill. Step inside to a spacious, light-filled layout featuring vaulted ceilings and a natural flow between living, dining, and kitchen spaces. The living area opens through sliding glass doors to a screened lanai overlooking a tranquil nature preserve, offering a private backdrop for morning coffee or evening gatherings. Cat5 Ethernet with a 5 port switch will have your entire home poised for the future. The split-bedroom design provides privacy for everyone. The expansive primary suite boasts a tray ceiling, large walk-in closet, and a spa-style ensuite with dual vanities, a garden tub, and a separate walk-in shower. Three additional bedrooms offer flexibility for family, guests, or home office needs. The eat-in kitchen includes a breakfast bar, plenty of cabinet space, and an open view of the living area—perfect for everyday meals or entertaining. An indoor laundry room and two-car garage add extra convenience. Recent upgrades include: • New Roof (2022) with 20-year workmanship and 50-year manufacturer warranties • 30 Solar Panels (2022) producing an average of 1.22 MWh per month, dramatically reducing energy costs • Wrap-around Gutters (2022) • HVAC System (2019) Set within a quiet, family-friendly neighborhood, this home backs directly to a protected nature preserve, giving you both peace and privacy with easy access to everything Port Orange has to offer. Combined with the assumable 3 percent FHA loan and high-output solar system, this home delivers an exceptional value and a real financial edge for the right buyer.The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $462,692. This single family residence is listed at about 86% of the average asking price. There are 8 4 bedroom/2 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »