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5040 RIVERSIDE DRIVE

Lots/Land For Sale
$675,000

BTC: 8.36431227

ETH: 281.25000000

-$44K (2026/07/31)
283 days
Waterfront
0 room(s)

Overview

Build the waterfront legacy you've always imagined on one of the Halifax River's most exceptional homesites. Spanning nearly half an acre (0.46 acres) with expansive river views and refreshing coastal breezes, 5040 Riverside Drive presents a rare opportunity to create a custom waterfront estate in one of Port Orange's most sought-after locations. Imagine mornings watching dolphins glide through the river, afternoons boating to the Atlantic Ocean or anchoring at Disappearing Island, and evenings enjoying the riverfront views before dining at one of the area's waterfront restaurants. This is Florida waterfront living at its finest. With no HOA restrictions, you have the freedom to bring your own architect and builder to design a residence that reflects your vision and lifestyle. The property previously featured a home, allowing utilities to be readily available for connection. A detached two-and-a-half-car garage remains on the property, offering immediate storage or workshop space during construction. Adding to its exceptional value, preliminary discussions with local Planning staff have identified the potential to divide the property into two 50-foot buildable waterfront lots. The owners also have a survey and previously prepared construction documents available, providing valuable resources for future planning. Perfectly positioned along scenic Riverside Drive, you'll enjoy convenient access to pristine beaches, championship golf, waterfront parks, boutique shopping, and local dining while still embracing the tranquility of life on the Halifax River. Whether your vision is a one-of-a-kind luxury waterfront estate or an investment opportunity with the potential for two buildable homesites, 5040 Riverside Drive offers an extraordinary combination of location, flexibility, and possibility. Opportunities like this are increasingly rare—don't miss your chance to create something truly exceptional.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.46 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$400,000
$151K – $1.1M
Confidence Low
List vs. estimate
$275K above estimate
List $675,000 · +68.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,674
2024
View
Water
Waterfront
Intracoastal Waterway
All facts and features
  • Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 631012020010

    • Zoning: NP

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $2,674

  • Source details

    • MLS ID: G5104130

    Other facts

    • Lot Features: Buildable

    • Direction Faces: East

    • Other Structures: Workshop

    • Waterfront: Yes

    • Water Body Name: HALIFAX RIVER

    • Water Source: Public

    • Lot Size Dimensions: 100 x 200

    • Subdivision Name: NORWOOD

Private inquiry
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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HANSON REAL ESTATE GROUP, INC.