$1,200,000
Active · 232 days on market · MLS# MFRV4946191
| Living area | 10,322 sq ft |
|---|---|
| Lot size | 0.44 acres |
| Year built | 1925 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $2,909 |
| County | Volusia |
Prime Downtown DeLand mixed-use opportunity across two downtown parcels, 700901050023 & 700901050030, with strong in-place income and serious upside. Centrally located in a high-traffic, highly visible downtown corridor, this property features currently occupied residential rental units producing steady cash flow, along with income-producing commercial spaces well-suited for retail, office, studio, or service-based users seeking walkability and exposure. Property is currently configured as 8 residential units and 2 commercial units, with 2 of the residential units vacant and needing renovations. Additional workshop and storage space provides flexible utility and potential for added revenue. On-site parking area adds a major advantage for both residential tenants and commercial customers- rare for downtown. Property offers clear value-add potential for investors and business-minded buyers willing to add some TLC to boost rents and maximize long-term returns. Ideal for portfolio growth, owner-user live/work vision, or repositioning play in one of DeLand’s most active and desirable areas. Don't miss the chance to make this rare opportunity yours! **All information provided by public records and/or seller and presumed correct, but to be verified by buyer during due diligence**
Listing courtesy of Hailey Graham, GREENE REALTY OF FLORIDA LLC. Presented by MC Homes Realty Inc · 727432218.