830 N CLAKE STREET Deland, FL 32724
Multi-Family 5+ - DELAND, FL
Property Features for 830 N CLAKE STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 7009-28-03-0020
- Size
- 5,848 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8092.88
Utilities
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1980
- Number of units
- 8
- Flooring type
- Carpet, Tile, Tile - Ceramic
- Building materials
- Block
- Architectural style
- Other
Listing agent Mitch Feinsod License #3288255 (386) 877-7033
Listing office CARDINAL ROW REAL ESTATE 100 E New York Ave Ste 103V, Deland, FL (386) 877-7033
Listing date May 1, 2026
Copyright © 2026 Stellar 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.
Key Highlights
- Income‑producing property with proforma income of $11,000 per month.
- Located adjacent to Stetson University.
- New roofs on both buildings.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.5k | $15.48 |
| − Vacancy | −$9.5k | −$1.63 |
| EGI | $81.0k | $13.85 |
| − OpEx | −$36.5k | −$6.23 |
| NOI | $44.6k | $7.62 |
