5040 RIVERSIDE DRIVE, PORT ORANGE, FL, 32127
Active252 days on marketListed Nov 15, 2025MLS #G5104130
About this home
5040 RIVERSIDE DRIVE
Discover a rare opportunity to own nearly half an acre of waterfront land in Port Orange, Florida. Enjoy wide river views and refreshing breezes along the Halifax River, with convenient access to the ocean, waterfront dining, and Disappearing Island. Plus, you’re just minutes from some of Florida’s most beautiful beaches. Situated along scenic Riverside Drive, this property offers a blend of tranquil waterfront living and proximity to local conveniences, including parks, recreational activities, golf, and shopping. Bring your preferred builder and create the coastal retreat you have envisioned—without HOA restrictions. Unlock added value with the potential to create two 50-foot buildable lots, supported by a clearly defined process reviewed with local Planning staff. The owners have construction documents on file that were previously prepared for this lot. The property previously had a residence, so utilities are already in place for connection. A spacious two-and-a-half-car garage remains on the property, offering flexible use for storage, a workshop, or future expansion.
Facts & features
The home at a glance
0.46 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,336 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,336/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Port Orange
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Port Orange. See the full Port Orange guide →
PORT ORANGE 32127 — neighborhood snapshot
Population
28,430
Median age
53.6
Median income
$65,260
Median home value
$301,800
Avg household
2.18
Households w/ children
2,656
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Port Orange market
$355K → $371K
Port Orange median sold, yr/yr
96.2%
Sale-to-list ratio (12 mo)
Median sold price, Port Orange, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 65% above the PORT ORANGE 32127 median. See the full Port Orange market guide →
Paper trail
This home's history
Reality check
What actually sold near 5040 RIVERSIDE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$289,000
129 ROGERS PLACE · same community
3 bd · 2 ba · 1,209 sqft · $239/sqft · 7 DOM
Sold · Dec ’25$666,000
121 SE 7th St, Pompano Beach FL 33060 · same community
3 bd · 2 ba · 1,434 sqft · $464/sqft · 3 DOM
Sold · Dec ’25$745,000
21 SE 9th Street, Pompano Beach FL 33060 · same community
4 bd · 2 ba · 1,470 sqft · $507/sqft · 39 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5040 RIVERSIDE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5040 RIVERSIDE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5040 RIVERSIDE DRIVE FAQs
What would the monthly payment be for 5040 RIVERSIDE DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,336/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5040 RIVERSIDE DRIVE?+
The most recent tax bill on record (2024) was $2,674. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Port Orange?+
At $685,000, this home is listed about 86% above the Port Orange median of $367,450. The market section on this page shows how the area is trending.
Which schools are assigned to 5040 RIVERSIDE DRIVE?+
Port Orange Elementary School (elementary), Silver Sands Middle School (middle), Spruce Creek High School (high) — Volusia County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$685,000 runs 65% above the PORT ORANGE 32127 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
252 days on market against a Port Orange median of 37 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Port Orange Elementary School, Silver Sands Middle School, Spruce Creek High School — Port Orange Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $719,000, now $685,000 — a $34K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of HANSON REAL ESTATE GROUP, INC. · Laura Perry. MLS #G5104130.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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