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$ 449,000
Est. payment | /mo
1,815 SqFt
$ 449,000
Est. payment | /mo
1,815 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,815 sqft
Price per Sqft $247
Subdivision Kirchof
MLS Listing ID O6364906
HOA Y/N No
Year Built 1949
Annual Tax Amount $3,387
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Discover a fully income-producing mixed-use investment property in the growing corridor of De Leon Springs. This four-unit building generates $3,500 month in rental income ($43,800 annually) and delivers a strong 7.56 true CAP rate at the current asking price. Situated on a 0.67-acre corner lot with high-visibility frontage on US-17, the property offers exceptional exposure, easy access, and long-term upside.
The building features 1,815 sq ft of rentable space across four residential units, with all units currently occupied. Flexible B-4/Mixed Commercial zoning allows for a broad range of uses including retail, office, residential, and mixed-use configurations, making this an attractive opportunity for investors or an owner-user seeking supplemental income.
With a low building-to-land ratio and a large lot, the site also offers potential for expansion, reconfiguration, or future redevelopment (buyer to verify with county). Flood Zone X provides additional cost efficiency as no flood insurance is required. Located minutes from Downtown DeLand and surrounded by area growth, this stabilized asset provides immediate cash flow with strong long-term potential.
The building features 1,815 sq ft of rentable space across four residential units, with all units currently occupied. Flexible B-4/Mixed Commercial zoning allows for a broad range of uses including retail, office, residential, and mixed-use configurations, making this an attractive opportunity for investors or an owner-user seeking supplemental income.
With a low building-to-land ratio and a large lot, the site also offers potential for expansion, reconfiguration, or future redevelopment (buyer to verify with county). Flood Zone X provides additional cost efficiency as no flood insurance is required. Located minutes from Downtown DeLand and surrounded by area growth, this stabilized asset provides immediate cash flow with strong long-term potential.
Location
State FL
County Volusia
Community Kirchof
Area 32130 - Deleon Springs
Zoning 01B4
Interior
Cooling Central Air, Wall/Window Unit(s)
Building
Foundation Crawlspace, Slab
Lot Size Range 1/2 to less than 1
Structure Type Stucco,Vinyl Siding,Frame
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Nick Vaseloff PRIMEFIT PROPERTIES LLC
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