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Overview

0 baLand
TypeLand
HOANone listed
Lot20,000 sqft

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About this home

5040 Riverside Dr is a home in Norwood, Port Orange. Flood zone X, AE - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

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The essentials

On market
336 days
Annual tax
$2,674
Flood zone
X, AE · Low risk
Lot
20,000 sqft
Type
Land

At a glance

Land
Waterfront
Intracoastal Waterway
0.46 acres
Lot size

Payment

Est. monthly payment
$4,080/mo
Down payment (20%)
$135,000
Property taxes
$223/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
20,000 sqft
Cooling
-
Heating
-
Parking
-
Waterfront
Intracoastal Waterway
Days on Market
336
Elementary
Port Orange Elem
Middle
Silver Sands Middle
High
Spruce Creek High School

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X, AE
Annual Tax (2024)
$2,674
Parcel #
631012020010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Norwood
County
Volusia
MLS Area
32127 - Port Orange/Ponce Inlet/Daytona Beach
Lot Size
20,000 sqft
Buildable

Price history

Date
Event
Price
7/31/2026
Price change
Source: Stellar MLS #G5104130
$675,000-1.5%
-
Price change
Source: Stellar MLS #G5104130
$685,000-4.7%
11/15/2025
Listed for sale
Source: Stellar MLS #G5104130
$719,000

Neighborhood

5040 Riverside Dr
Port Orange, FL, 32127 · 32127 - Port Orange/Ponce Inlet/Daytona Beach

Calculator

Est. monthly payment
$4,081/mo
Principal & interest$3,520
Property taxes$223
Insurance$338
Down payment20% · $135,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$675,000

Time on market

336 days

Monthly payment

About $4,080/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,674 annual tax bill, insurance.

Flood zone

Zone X, AE

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byHANSON REAL ESTATE GROUP, INC.Listing agent: Laura PerryListing data from Stellar MLS, MLS# G5104130.

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