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555 N Spring Garden Ave - Prime Multi-Family Development Opportunity

9.17 Acres of Commercial Land Offered at £1,735,800 in Deland, FL 32720

Investment Highlights

  • Proximity to Hospital [part of the Adventist Health System]
  • Rare opportunity in City of DeLand
  • Utilities Available
  • Walking Distance to Restaurants
  • Seller indicates City of DeLand previously agreed to 116 unit density on Site

Executive Summary

Multi-Family Development Opportunity- Located within walking distance of Brians Barbeque and minutes by car from Adventist Hospital, Doctors Offices, Winn Dixie Grocery Store and oh yes the Big Rig 2 Dinner. This 9+ acre parcel has access on S. Spring Garden Ave yet is tucked back off the road Approx 300 Ft. with a quiet neighborhood atmosphere, the property also accesses Boundary Ave. The seller indicated the City of Deland approved a site plan in the past that allowed 116 units on the property. That makes this a great investment/opportunity, as well as a great place for apartments or Condos, don’t wait too long or someone else will be building on it.

Property Facts

Price £1,735,800 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Community Centre
  • Neighborhood Centre
  • Planned Unit Development
  • Public Park
  • Religious Facility
No. Lots 1 Total Lot Size 9.17 AC
Property Type Land
Price £1,735,800
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Community Centre
  • Neighborhood Centre
  • Planned Unit Development
  • Public Park
  • Religious Facility
Total Lot Size 9.17 AC

1 Lot Available

Lot 0040

Price £1,735,800 Lot Size 9.17 AC
Price Per AC £189,291
Price £1,735,800
Price Per AC £189,291
Lot Size 9.17 AC

North-West Quadrant of DeLand, FL. Access to both N Spring Garden and N Boundary Ave. This lot is heavily wooded leaving room for tree selection during the development process.

Description

N Spring Garden is a busy highway interchange in DeLand. This is an extremely rare opportunity to find so much land for sale within such a close proximity to Historic Downtown DeLand. The DeLand Hospital (part of the Adventist Health System) is also close nearby and restaurants are in walking distance. There are also utilities available at the property.

Links

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555 N Spring Garden Ave, Deland, FL - aerial map view

PROPERTY TAXES

Parcel Number 7008-00-00-0040 Improvements Assessment £0
Land Assessment £903,866 Total Assessment £903,866

PROPERTY TAXES

Parcel Number
7008-00-00-0040
Land Assessment
£903,866
Improvements Assessment
£0
Total Assessment
£903,866

zoning

Zoning Code 05R-16 & C-2
05R-16 & C-2
(386) 738-3688

  • Listing ID: 14910832

  • Date on Market: 18/01/2019

  • Last Updated:

  • Address: 555 N Spring Garden Ave, Deland, FL 32720

The Land Property at 555 N Spring Garden Ave, Deland, FL 32720 is currently available For Sale. Contact Swann Real Estate for more information.

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555 N Spring Garden Ave - Prime Multi-Family Development Opportunity
(386) 738-3688 x

555 N Spring Garden Ave - Prime Multi-Family Development Opportunity

J. Todd Swann

(386) 738-3688

(386) 738-3688

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