REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 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
Find out why customers are choosing LPT Realty to meet their real estate needs
Escríbeme para más información