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Six-Unit Income Apartment Building
For Sale
$960,000

1307 Cook St., Deland, FL 32724

COMMERCIAL - Deland, FL

Property SizeContact for details
Days on Market586

Property Features for 1307 Cook St.

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Ballard Heights
Directions Hwy 17-92 to Kentucky Ave, right to Cook St, left on Cook St, building on the right
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5637

Utilities

Heating system Electric (Heating)

Building Details

Flooring type Tile
Listing Agency: SOUTHERN REALTY ENTERPRISES INC
Listed By: Frank Filippelli · License #BK316243
Added: Jan 22, 2025 Changed: Aug 4 Last Checked: Aug 31 at 11:06AM
MLS# 11413163

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit apartment building offers a straightforward income-property layout with individual electric metering for all units. Public remarks indicate that five of the six units have had interior updates, supporting a more consistent resident experience across a majority of the property. The remaining unit has not been described as updated in the provided information.

The property is located at 1307 Cook St. in Deland, Florida, in Volusia County. The listing notes that the building is close to the college, which may be relevant for renters seeking proximity to campus.

For investors and operators, the separate electric meters can help simplify utility management and align costs at the unit level. With most units described as having updated interiors, the building may appeal to tenants who prioritize move-in readiness and interior maintenance. As presented, it is best suited for buyers looking for a manageable small multifamily asset with primarily refreshed unit interiors and unit-level electrical billing.

Key Highlights

  • Approx. 7% cap rate income property
  • 6 units total; 5 of the 6 units have had interior updates
  • All units have separate electric meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Plumbing Service Florist Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 32724, FL

40,559
Population
18,555
Households
2.2
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
83.8 sq mi
ZIP Area
484
Density / Sq Mi
$72,729
Median Household Income
$41,204
Median Earnings
$1,184
Median Rent
$283,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with updated interiors in five units and separate electric meters for each unit.
Where is this apartment building located?
The property is located at 1307 Cook St. Deland, FL.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Approx. 7% cap rate income property; 6 units total; 5 of the 6 units have had interior updates; All units have separate electric meters
More about this property
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