Deland, FL, 32720 | $999,888

Welcome to an exceptional investment opportunity! This vacant lot, located just north of Deland and a mere 4 miles away from Stetson University. 5 Miles south of De Leon Springs. It’s a prime location that combines convenience and accessibility. This lot is situated just 1/2 mile from the Winn Dixie, 2. 2 miles from Walmart Super Center. 2. 4 miles from Publix, and 2. 4 miles from Lowes store. This property ensures easy access to essential amenities and a wide range of shopping options. The Deland Municipal Airport is also just 4 miles away, offering easy access for travelers. Your future residents or tenants will have easy access to everyday necessities Positioned off State Road 17, this lot benefits from a great location that provides both visibility and accessibility. Additionally, it offers seamless travel options, being approximately 9 miles away from the well-connected I-4 highway, making it an ideal spot for commuters and those seeking to explore nearby cities and attractions. This vacant lot has lots of potential. It contains two parcels/tracts, each offering unique possibilities. Parcel A spans 5. 06 acres and is currently zoned for recreational use. It features notable amenities, including a spacious 4, 056 sqft clubhouse (3, 052 sqft for business use, the rest area is a storage area) that served as the hub for the tennis club from 2014 until just before the pandemic. It has 8 tennis courts and 30 parking spaces. Parcel A has the potential to be rezoned for the construction of low-density family community homes, subject to approval from the Brandywine HOA. Parcel B spans 3. 19 acres. It is also vacant and zoned for high-density multi-family use. The flat, high, and dry terrain of this parcel makes it an ideal foundation for the construction of apartment complexes or townhomes. While all information provided is assumed to be correct, buyers are encouraged to verify the details with the zoning office in the Volusia County Office. Amidst the natural beauty of Deland, this vacant lot enjoys proximity to Stetson University, ensuring easy access to educational opportunities, cultural events, and a vibrant campus atmosphere. Deland's charming downtown district, with its eclectic mix of shops, dining establishments, and entertainment venues, is just a stone's throw away, adding to the allure of this location. Don't miss your chance to transform this vacant lot into a thriving community or a thriving multi-family development. Seize this opportunity today and unlock the full potential of this remarkable property. For further information Please see attachments. or inquiries, please contact your agent.

Features

  • Property Type: Mixed Use
  • Construction: Wood Frame
  • Utilities: Electricity Available, Phone Available, Public, Sewer Nearby, Water Connected
  • Heating: Central
  • Cooling: Central Air
  • Lot Size: 522 x 381 x 294 x 484 x 170
  • Year Built: 1976
  • Approx Sq. Feet: 3,036
  • Acreage: 5.06
  • Est. Taxes: $6,564
  • Lot Desc: Corner Lot
  • MLS#: O6138396
  • Days on Market: 422 days
  • Website: https://www.raveis.com
    /prop/O6138396/_deland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 11/5/2024 11:17:07 AM)
Listing courtesy of ACTIVE REALTY GROUP LLC   Phone: 407-788-8868

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Deland, FL, 32720

$999,888

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,910 $799,910 $799,910
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.304% 6.762% 6.725%
Monthly Tax Payment $547 $547 $547
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,056 $5,122 $6,968
Total Monthly Payment $5,695 $5,761 $7,607

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.