Welcome to one of the most unique investment opportunities in DeLand! Nestled close to town, schools and shopping is an over 2-acre parcel that offers privacy and seclusion more akin to what you would find in a more rural area. On this lovely parcel there are 5 residential structures with a total of 6 residential units, all of which are currently rented as income properties. These units, which were built between 1936 and 1960 according to the public records, are frame structures of the Florida vernacular style. The units include three single families with 1 bedroom / 1 bath, one single family with 2 bedrooms /1 bath, and one duplex with 1 bedroom / 1 bath on each side. All units are connected to public water and the water supply system from street to all units was replaced in 2021. The units share a common septic system and drain field which was replaced in 2017, with a new septic pump in 2020. One unit received a new roof in 2022. The possibilities of this property are endless. The next owner could continue to operate as a cash-flow investment, possibly even contemplating adding additional units. Or a group of friends could consider purchasing as a one-of-a-kind shared living community/farm. The only limit is one’s imagination!
Property Details
Price:
$490,000
MLS #:
V4932753
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
City:
DELAND
Listed Date:
Oct 13, 2023
State:
FL
Finished Sq Ft:
2,876
ZIP:
32724
Lot Size:
91,912 sqft / 2.11 acres (approx)
Year Built:
1936
Units:
6
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Exterior
Construction Materials
Wood Frame
Exterior Features
Lighting
Roof
Shingle
Financial
Buyer Agent Compensation
2%%
Tax Year
2022
Taxes
$5,097
Map
Community
- AddressCOURT Lot 31 DELAND FL
- CityDELAND
- CountyVolusia
- Zip Code32724
Similar Listings Nearby
- 191 LAKE MOLLY AVENUE
DELAND, FL$499,500
1.29 miles away
- 135 S STONE STREET
DELAND, FL$495,000
2.29 miles away
- 202 LUELLA COURT
DELAND, FL$469,000
1.73 miles away
- 220 N ADELLE AVENUE
DELAND, FL$438,000
1.94 miles away
- 211 E VOORHIS AVENUE
DELAND, FL$379,000
2.02 miles away
Courtesy of GREENE REALTY OF FLORIDA LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
COURT Lot 31
DELAND, FL
LIGHTBOX-IMAGES