5653 Ridgewood Ave Port Orange, FL 32127
This exceptional 4.74-acre waterfront property in Port Orange, Florida, presents a unique development opportunity. Located at 5653 S Ridgewood Ave, in Volusia County, zip code 32127 (29.115174768699937, -80.97230364872044), this land offers breathtaking river views. The asking price is $2,600,000. Detailed architectural plans are included, providing for the construction of ten single-family riverfront homes and sixteen townhomes. Each residence is strategically designed to maximize the stunning river vistas, ensuring unparalleled waterfront living for future residents. This prime location in the desirable city of Port Orange provides easy access to local amenities and attractions. The property's substantial size and prime location make it an ideal investment for developers seeking to create a high-end residential community. The existing plans offer a solid foundation for a successful project, minimizing development hurdles and maximizing return on investment. Don't miss this rare chance to acquire this exceptional riverfront land and build your dream residential development. This is a truly remarkable opportunity to capitalize on the growing demand for luxury waterfront properties in a thriving Florida community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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