02 RIVERSIDE DR Port Orange FL 32127

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.

The main house has 2 units, one with a 3 bedroom and one with 2 bedrooms that is fully rented out on Air BNB. There a Three studios that are rented out weekly for $450 and two, one bedroom units that are rented out weekly for $450.

Full Airbnb Potential: This property is an exceptional full Airbnb investment, bringing in top dollar due to its prime amenities, including the pool, river access, and private dock. The combination of these features makes it a highly sought-after rental destination, offering guests an idyllic and luxurious waterfront experience. The high demand for such accommodations in this area ensures a steady stream of income, making it a lucrative investment.

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.

Property Highlights:

• Riverside Location: This property offers a prime location with 158' of waterfront and full riparian rights. Enjoy direct access to the river and breathtaking 20-mile views from the two-story, 900 sqft dock.

• Old Florida Charm: Experience the unique charm of an old Florida coquina stone-built home. The custom interior features exquisite craftsmanship with western and California redwood, giving the property a distinctive character.

• Spacious Land: Situated on nearly an acre of land, the property offers plenty of space for outdoor activities and expansion. The fully fenced yard provides privacy and security, with two drive gates for easy access.

• Resort-like Amenities: Enjoy resort-like amenities within the property, including a 50-foot solar-heated pool with a bridge, a hot tub, and a Finnish wet-dry sauna. Indulge in relaxation and recreation without leaving your home.

• Separate In-Law Quarters and Guest House: The property includes separate in-law quarters and a private guest house. These additional living spaces offer flexibility and privacy, making it ideal for accommodating extended family members or generating rental income.

• Rental Income Potential: With three separate 1-bedroom/1-bathroom cottages on the property, you have the opportunity to generate significant rental income. Renting out these cottages could potentially bring in $3,600 per month, providing an excellent return on investment.

• Extensive Parking Space: The wrap-around driveway offers ample parking space, suitable for boats, RVs, and other vehicles. You can comfortably accommodate your recreational vehicles without any hassle.

• Lush Gardens and Courtyards: Explore the beautifully landscaped gardens and courtyards surrounding the property. Take peaceful walks along the paths and find tranquil spots to relax and unwind.

• Privacy and Serenity: The layout of the property ensures privacy, with the separate cottages situated away from the main house. Enjoy a peaceful and serene environment, with the option to interact with guests or tenants as desired.

This exceptional property offers a unique blend of old Florida charm, modern amenities, and income-generating potential. Embrace the waterfront lifestyle, relish the lush surroundings, and enjoy the tranquility and privacy it provides.

Property Listing Highlights: Port Orange, Florida and Daytona Beach Area

1. Prime Location: The property is located in the highly sought-after Port Orange area, which is adjacent to the vibrant city of Daytona Beach. It offers the perfect blend of a relaxed coastal lifestyle and proximity to various amenities.

2. Beach Proximity: Enjoy the ultimate beach lifestyle as the property is just a short distance away from the stunning Atlantic Ocean. Residents can easily access pristine sandy beaches, indulge in water sports, or take leisurely walks along the shore.

3. Recreational Opportunities: The area boasts a wide range of recreational activities for outdoor enthusiasts. Explore the nearby parks, nature preserves, and trails for hiking, biking, and bird-watching. Take advantage of the excellent fishing spots, golf courses, and tennis courts available in the area.

4. Excellent Schools: Families with children will appreciate the highly regarded schools in the Port Orange and Daytona Beach area. Benefit from quality education and a supportive learning environment for students of all ages, from elementary to high school.

5. Shopping and Dining: The property offers convenient access to a plethora of shopping and dining options. Explore the local boutiques, malls, and specialty shops for a unique shopping experience. Indulge in diverse culinary delights with a wide array of restaurants, cafes, and eateries.

6. Vibrant Cultural Scene: Experience a vibrant cultural scene in the Port Orange and Daytona Beach area. Enjoy live music, art galleries, theaters, and museums that showcase the rich heritage and contemporary talents of the region.

7. Thriving Entertainment: The area is renowned for its lively entertainment options. Visit the famous Daytona International Speedway for thrilling NASCAR races or catch exciting events and concerts at the Daytona Beach Bandshell. The region also hosts numerous festivals and events throughout the year.

8. Accessible Transportation: Benefit from easy accessibility with major transportation routes nearby. The property offers convenient access to major highways, making it effortless to explore other cities and attractions in Florida.

9. Medical Facilities: The area is well-served by top-notch medical facilities and hospitals. Rest assured knowing that quality healthcare is readily available for residents of all ages.

10. Community Amenities: Enjoy a variety of community amenities within close proximity. Take advantage of well-maintained parks, sports fields, playgrounds, and community centers that offer recreational activities and social gatherings for residents.

Don't miss this opportunity to own a property in the desirable Port Orange and Daytona Beach area. Experience the best of coastal living, endless recreational options, and a welcoming community.