Historic Mixed-Use Hospitality
228 W Howry Avenue Deland, FL 32720
For Sale
$539,000
Pending
COMMERCIAL - DeLand, FL
Property Size5,033 SF
Lot Size0.82 Acres
Days on Market214
Property Features for 228 W Howry Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
8
Rooms
Bathroom 7, Bathroom 2, Bathroom 8, Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 5
Parking features
Parking Lot
Fencing
Chain Link
Standard status
Pending
APN
7016-10-00-0030
Size
5,033 SF
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT C SUB BLK 9 HOWRYS ADD DELAND MB 5 PG 127 PER OR 3966 PG 3646 PER OR 5379 PG 0668 PER OR 6321 PG 3419 PER OR 7433 PG 1798 PER OR 7433 PGS 1799-1801 INC PER OR 7891 PG 2713 PER OR 8444 PG 4219
Tax Annual Amount
6574
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Wall/Window Unit(s), Ceiling Fan(s), Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1883
Floors in Building
2
Flooring type
Wood, Tile
Building materials
Frame, Wood Siding
Roof type
Shingle
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 761-6100
Listed By:
Kaley Macomber · License #3273573
(386) 561-1925
Added: Dec 26, 2025
Changed: Jul 24
Last Checked: Jul 28 at 10:06PM
MLS# 1221143
Copyright © 2026 Daytona Beach Area Association of Realtors. 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.
Built in 1883, this historic mixed-use property is currently operated as a cafe and offers C-2 zoning with placement in DeLand’s Opportunity Zone. The main house contains 3,572 heated square feet with five bedrooms, each with its own full bathroom, along with two large living areas and a dining room with a fireplace. Additional interior amenities include a kitchen and an office/flex room currently used as a hostess area/store, and one bedroom and bath with a separate entry.
The grounds include room for parking and a detached 551-square-foot 1-bedroom, 1-bath apartment/guesthouse with potential for a second bedroom, plus an in-ground swimming pool. The property is located in the heart of downtown DeLand, reportedly within two blocks of the center of downtown and very close to Stetson University.
On-site configuration includes both the cafe main house and the detached guesthouse, creating flexible space for compatible commercial and hospitality uses under the existing zoning.
The grounds include room for parking and a detached 551-square-foot 1-bedroom, 1-bath apartment/guesthouse with potential for a second bedroom, plus an in-ground swimming pool. The property is located in the heart of downtown DeLand, reportedly within two blocks of the center of downtown and very close to Stetson University.
On-site configuration includes both the cafe main house and the detached guesthouse, creating flexible space for compatible commercial and hospitality uses under the existing zoning.
Key Highlights
- Historic commercial mixed‑use property built in 1883, currently used as a cafe
- C‑2 zoning and located within DeLand’s Opportunity Zone
- Main house offers 3,572 heated SF with 5 bedrooms, each with a full bathroom, plus 2 living areas, dining room with fireplace, and kitchen
Financial Insights For Hotel Hospitality
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 | $90.6k | $18.00 |
| − Vacancy | −$52.5k | −$10.44 |
| EGI | $38.0k | $7.56 |
| − OpEx | −$20.0k | −$3.97 |
| NOI | $18.1k | $3.59 |
5,033 SF · lease $18.00/SF/yr · vacancy 58.00% · expense 52.50%
Alternative Uses
Best Use
Specialty Retail
$1.09M
$955.4K – $1.27M
NOI $76,428 @ 7.0% cap · market cap 14.18%
Second Best
Hotel Hospitality
$258.2K
$225.9K – $301.2K
NOI $18,074 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,881 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Stetson university — 713 E Michigan Ave, DeLand, FL 32724
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built in 1883, this mixed-use property operates as a cafe and includes an apartment guesthouse and in-ground pool.
Where is this conventional restaurant located?
The property is located at 228 W Howry Avenue Deland, FL.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Historic commercial mixed‑use property built in 1883, currently used as a cafe; C‑2 zoning and located within DeLand’s Opportunity Zone; Main house offers 3,572 heated SF with 5 bedrooms, each with a full bathroom, plus 2 living areas, dining room with fireplace, and kitchen
