Address
Not Disclosed, DELAND, FL
Price
$ 490,000
Property Attributes
- MLS#V4932753
- TypeIncome
- CountyVOLUSIA
- CityDELAND
- AreaDeland
- Zip32724
- StyleMulti Family
- Year Built1936
- Taxes$ 5096
- Price$ 490,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2876
- Lot Size2.11 Acres
Data Source:
Stellar MLS
Property Description
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!
| Price History | |
|---|---|
| 10/13/2023 | Listed $545,000 |
| 12/13/2023 | 9% - $499,000 |
| 2/1/2024 | 2% - $490,000 |
General Features
| Interior Features | Other,Window Treatments |
|---|---|
| Sewer | Septic Tank |
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Connected,Public |
| Roof | Shingle |
| Exterior Features | Lighting |
| Zoning | 01R7 |
| Construction Materials | Wood Frame |
| Year Built | 1936 |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Volusia |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | NONE |
| Garage Y/N | No |
| Status | Active |
| Directions | From 17-92/Woodland Blvd - East on E Kentucky Ave - left onto Smith St - Turns into Smith St Court at corner. |
| City | DELAND |
| Buyer Agent Compensation | 2% |
| Senior Community Y/N | No |
| Total Units | 6 |
| MLS Area | 32724 - Deland |
| Lot Size Square Feet | 91912 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Listing Terms | Cash |
| Tax Annual Amount | 5096.64 |
| Public Remarks | 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 woul |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/V4932753 |
| Days on Market | 159 |
| Standard Status | Active |
| Tax Lot | 31 |
| Legal Description | 4 17 30 N 325 FT OF W 1/3 OF E 3/8 OF SE 1/4 OF NE 1/4 & INC LOTS 31 TO 35 INC BEADLES SUB PER OR 5307 PG 3871 PER OR 5445 PG 4442 PER 5445 PG 4444 |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | COURT |
| LivingAreaSource | Owner |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 2.11 |
| Foundation Details | Pillar/Post/Pier |
| Number of Buildings | 5 |
| Building Area Total | 2996 |
| Lot Size Acres | 2.11 |
| Road Surface Type | Dirt,Gravel |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 32724
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 5:32 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
