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Historic Mixed-Use Property
For Sale
$475,000

228 W Howry Avenue, Deland, FL 32720

Commercial Sale, DeLand, FL

Property Size5,033 SF
Lot Size0.82 Acres
Price / SF$94.38
Days on Market290

Property Features for 228 W Howry Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 8, Bathroom 2, Bathroom 7, Bathroom 5, Bathroom 6
Parking features Parking Lot
Fencing Chain Link
Lot features Historic Area
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.
Subdivision 92 - Deland
Standard status Active
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
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), Ceiling Fan(s), Window Unit(s), Central Air
Water source Public

Amenities

in-ground swimming pool
fireplace

Building Details

Year built 1883
Floors in Building 2
Flooring type Tile, Wood
Building materials Frame, Wood Siding
Roof type Shingle
Listing Agency: Adams, Cameron & Co., Realtors
Listed By: Kaley Macomber · License #3273573
Added: Dec 26, 2025 Changed: Oct 2 Last Checked: Oct 12 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 mixed-use commercial property combines a 3,572-square-foot main residence with a detached 551-square-foot guesthouse on a 0.82-acre site. The main structure includes five bedrooms with private full bathrooms, two living areas, a dining room with fireplace, kitchen, office or flex room, and a separately entered bedroom and bath. The guesthouse contains one bedroom and one bathroom, with space identified for a possible second bedroom. An in-ground pool, parking lot, chain-link fencing, wood and tile flooring, public water, and public sewer are also included.

The property is zoned C-2 and sits two blocks from downtown DeLand and near Stetson University. Its existing cafe use is supported by a commercial layout that also includes areas suited to office, restaurant, coffee shop, bakery, catering, salon, medical office, museum, and other listed commercial uses.

Key Highlights

  • 0.82‑acre mixed‑use commercial property built in 1883
  • 3,572‑square‑foot main structure with 5 bedrooms and private full bathrooms
  • Detached 551 sq ft guesthouse with 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,074
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,480 $361.5K
Cap Rate 7%
$258,200 $258.2K
Cap Rate 9%
$200,822 $200.8K
Market Conditions
NOI Build-Up for 5,033 SF
Gross rent
$90.6K $18.00/SF
− Vacancy
−$52.5K −$10.44/SF
EGI
$38.0K $7.56/SF
− OpEx
−$20.0K −$3.97/SF
NOI
$18.1K $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%
$361,480
Cap Rate 7%
$258,200
Cap Rate 9%
$200,822

Alternative Uses

Best Use
Specialty Retail
$1.09M
$955.4K – $1.27M (±1% cap)
NOI $76,428 @ 7.0% cap · market cap 16.09%
Second Best
Mixed Use
$888.1K
$777.1K – $1.04M (±1% cap)
NOI $62,170 @ 7.0% cap · market cap 13.09%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,881 @ 7.0% cap · market cap 21.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

The Tree of Cats (Bike/Boat/Book/etc) Store Sweet Tea Cafe Restaurant

Suggested Use

Top Pick Dental Office Storage Facility Carpet & Flooring Store Electrical Service Locksmith (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,760
Businesses Nearby
92k
Monthly Visits Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2-zoned commercial property with a cafe layout, guesthouse, pool, and proximity to downtown DeLand.
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: 0.82‑acre mixed‑use commercial property built in 1883; 3,572‑square‑foot main structure with 5 bedrooms and private full bathrooms; Detached 551 sq ft guesthouse with 1 bedroom and 1 bathroom
More about this property
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