906 S Florida Avenue #a & B

DELAND, FL 32720

About this property

PRICE DROPPED! Come check out this turn-key CASH COW! This sturdy, Block Duplex sits on a double lot. It currently has 2 units with potential for a 3rd. The upstairs unit is a 3/1 and occupies the entire top floor, currently rented for $978/mo, rented until 2023 with a 3% increase negotiated on the lease ( $1003 starting Feb 1 2022). The second unit is a 2/1 apartment located in the walkout basement and is currently rented for $700/mo until 12/31/2021. There is a 3rd electric meter for a potential 3rd tenant/RV parking ($400-$500/mo.) that the future owner could add. VALUE ADD! Duplex also features a sturdy METAL ROOF! Property backs up to a retention pond, so you will never have any backyard neighbors. Located just a few miles south of Downtown Deland, close to the bus lines. It is a short walk to the brand new Walmart Neighborhood Market. Property sits on a double lot with a possibility to build an additional structure ( possibly a duplex or SFH ), so the upside on this one is there! Current tenants are happy and would like to stay. Set up an appointment now and take advantage of today's super low interest rates! PLEASE DO NOT DISTURB TENANTS!

Date Added
September 7, 2020
Listing Status
Days On Site

Features and Additional Information

Lot Size
0 SqFt
Property Type
Property View
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$181,900 Pending
2,192 SQFT

Presented By Coldwell Banker Coast Realty - Port Orange

Port Orange

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Area Information

32720 - Deland | Volusia County |

$ 181,900
This listing is play_arrow 21.6% lower than the average in the area
$ 231,945 in the area
2,192 SqFt
This listing is play_arrow 24.5% larger than the average in the area
1,761 SqFt in the area
$ 83 $/SqFt
This listing is play_arrow 39.3% less than the average in the area
$ 137 $/SqFt in the area
172 days on site
This listing is play_arrow 186.7% above the average in the area
60 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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