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.
Vacant landProperty Type
0.46 acresLot Size
$1,467,391Price/Acres
Listed by Laura Perry• HANSON REAL ESTATE GROUP, INC.
The neighborhood preservation district is designed to preserve the character, housing mix and density of existing older mixed use neighborhoods by providing for compatible infill development and redevelopment, where enforcement of the dimensional requirements of other conventional and contemporary residential zoning districts would not be possible.
Permitted uses
Include but are not limited to:
Housing-Single unit
Mar 2, 2023 • Final
Residential permits
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 19 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Port Orange, FL • 32127
Average low and high temperatures (°F)
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62
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57
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Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Port Orange. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5040 Riverside Dr
$604,705
$70K under list price of $675K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $529K.