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    N Spring Garden Ave Deland, FL 32720

    For Sale
    $2,400,000

    Land - DELAND, FL

    Lot size:
    9.50 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for N Spring Garden Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R16
    APN
    01-17-30-00-00-0040
    Lot size
    9.50 Acres

    Building Details

    Architectural style
    Other

    Swann & Associates (386) 738-3688 [email protected]

    Listing agent John MacDonald, III (386) 738-3688 License #150219

    Listing date Mar 22, 2025

    MLS# V4920996 Listing URL

    Copyright © 2025 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.

    Overview

    Development Land in Deland, Florida

    This 9+ acre parcel presents a multifamily development opportunity in Deland, Florida. The property is located close to Brains Barbecue and a short drive from Adventist Hospital, doctors' offices, and Winn Dixie Grocery Store. Situated off N. Spring Garden Ave, approximately 300 feet from the road, the property offers a quiet neighborhood atmosphere and also has access to Boundary Ave. According to the seller, a previously approved site plan from the City of Deland allowed for 116 units on the property. This makes it a potential investment opportunity for apartments or condos. A due diligence report is available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.322614
    Latitude
    29.039891

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    FAQs

    What type of property is this?
    Residential land & home lot - 9+ acre multifamily development opportunity in Deland, Florida.
    Where is this residential land & home lot located?
    The property is located at N Spring Garden Ave Deland, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Multi-family development opportunity on 9+ acres.; - Previously approved site plan for 116 units.; - Convenient location near Brains Barbecue, Adventist Hospital, doctors' offices, and Winn Dixie.
    (386) 738-3688
    Request Owner's contact information
    N Spring Garden Ave Deland, FL 32720
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    Deland, FL 32720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N Spring Garden Ave Deland, FL 32720
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