5952 Riverside Dr, Port Orange, FL 32127
This exceptional .51-acre commercial lot, located at 5952 Riverside Drive in Port Orange, Florida, 32127, presents a unique investment opportunity. Boasting 24,999.08 square feet of land, this waterfront property sits on scenic Rose Bay, offering 100 feet of waterfront frontage and approximately 229 feet of depth. The property includes a substantial concrete seawall and the potential to rebuild an existing boat dock, providing direct access to the Intracoastal Waterway via Mill Creek. Mature oak trees grace the landscape. A solid concrete block structure on the property offers the potential for repurposing into an outdoor pavilion, complete with an outdoor fireplace and grilling/kitchen area. The property is zoned residential, presenting possibilities for new construction, taking advantage of the deep lot and stunning sunset views over Rose Bay. This secluded location at the south end of Riverside Drive offers privacy and tranquility. The property is owned by Mahendra C Patel and is offered at $924,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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