Historic Mixed-Use
For Sale
$475,000
228 W HOWRY Avenue, Deland, FL 32720
Commercial Sale, DELAND, FL
Property Size4,123 SF
Lot Size0.82 Acres
Price / SF$115.21
Days on Market291
Property Features for 228 W HOWRY Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
Refrigerator
Subdivision
LOT C SUB
Lot features
Historic District, City Limits, Oversized Lot, Sidewalk, Paved
Directions
From intersection of New York Ave and Woodland Blvd, head West on New York Ave. Turn Left on Florida Ave, Right on Howry. Home is on the Left.
Standard status
Active
APN
7016-10-00-0030
Size
4,123 SF
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2024
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
5968
Legal 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
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Amenities
in-ground swimming pool
fireplace
Building Details
Year built
1883
Floors in Building
2
Building materials
Frame, Wood Siding
Roof type
Shingle
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 738-1920
Listed By:
Kaley Macomber · License #3273573
(386) 561-1925
Added: Dec 26, 2025
Changed: Oct 7
Last Checked: Oct 13 at 10:06PM
MLS# V4946433
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.
Built in 1883, this mixed-use property includes 4,123 square feet across a main residence and detached guesthouse on 0.82 acres. The principal building offers 3,572 heated square feet with five bedrooms, each paired with a full bathroom, along with two living areas, a dining room with fireplace, kitchen, office or flex space, and a separately accessible bedroom and bath. A 551-square-foot detached apartment includes one bedroom, one bathroom, and a loft. The property also features an in-ground pool and on-site parking.
The site carries C-2 zoning and is within DeLand’s Opportunity Zone. It is currently operated as a cafe and sits at 228 W Howry Avenue, two blocks from downtown DeLand and near Stetson University. Public water and sewer serve the property, with central heating and a combination of central and wall or window cooling systems.
The site carries C-2 zoning and is within DeLand’s Opportunity Zone. It is currently operated as a cafe and sits at 228 W Howry Avenue, two blocks from downtown DeLand and near Stetson University. Public water and sewer serve the property, with central heating and a combination of central and wall or window cooling systems.
Key Highlights
- 4,123 square feet on 0.82 acres
- Main building includes 3,572 heated square feet and five bedroom suites
- Detached 551 sq ft guesthouse with 1 bedroom, 1 bathroom, and loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,806
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
$296.1K
Cap Rate 7%
$211,514
$211.5K
Cap Rate 9%
$164,511
$164.5K
Market Conditions
NOI Build-Up for 4,123 SF
Gross rent
$74.2K $18.00/SF
− Vacancy
−$43.0K −$10.44/SF
EGI
$31.2K $7.56/SF
− OpEx
−$16.4K −$3.97/SF
NOI
$14.8K $3.59/SF
Area
Volusia County, FL
Vacancy
58.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
Cap Rate 7%
$211,514
Cap Rate 9%
$164,511
Alternative Uses
Best Use
Specialty Retail
$894.4K
$782.6K – $1.04M
NOI $62,609 @ 7.0% cap · market cap 13.18%
Second Best
Mixed Use
$727.6K
$636.6K – $848.8K
NOI $50,929 @ 7.0% cap · market cap 10.72%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,099 @ 7.0% cap · market cap 17.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 40%
Home Improvements & Furnishings 11%
Hotels & Casinos 6%
Checkers
Dining
9,003 visits/mo
0.2 miles
Firehouse Subs
Dining
8,924 visits/mo
0.3 miles
7-Eleven
Shops & Services
8,567 visits/mo
0.5 miles
Bank of America
Shops & Services
8,421 visits/mo
0.4 miles
Ace Hardware of Deland LLC
Home Improvements & Furnishings
7,941 visits/mo
0.2 miles
Demographics for 32720, FL
33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2-zoned asset with a separate guesthouse, pool, and flexible existing layout.
Where is this mixed-use property located?
The property is located at 228 W HOWRY Avenue Deland, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 4,123 square feet on 0.82 acres; Main building includes 3,572 heated square feet and five bedroom suites; Detached 551 sq ft guesthouse with 1 bedroom, 1 bathroom, and loft
