Duplex Property with
For Sale
$299,999
247 W MINNESOTA Avenue, Orange City, FL 32763
Commercial Sale, ORANGE CITY, FL
Property Size1,204 SF
Lot Size3.40 Acres
Price / SF$249.17
Days on Market55
Property Features for 247 W MINNESOTA Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
01A3
Appliances
Refrigerator
Directions
us 17-92 To left on Minnesota no sign
Subdivision
32763 - Orange City
Standard status
Active
APN
7033-00-00-0520
Size
1,204 SF
Lot size
3.40 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
33 17 30 NE 1/4 OF SE 1/4 OF SW 1/4 OF SW 1/4 & E 110 FT OF S 330 FT OF SW 1/4 OF SW 1/4 PER OR 5197 PG 1227 PER OR 5765 PG 2266 PER OR 5791 PG 2592 PER OR 6233 PG 2504 PER OR 6484 PG 601 PER OR 7171 PG 4146 PER OR 7234 PG 4725
Tax Annual Amount
3864
Legal Description
33 17 30 NE 1/4 OF SE 1/4 OF SW 1/4 OF SW 1/4 & E 110 FT OF S 330 FT OF SW 1/4 OF SW 1/4 PER OR 5197 PG 1227 PER OR 5765 PG 2266 PER OR 5791 PG 2592 PER OR 6233 PG 2504 PER OR 6484 PG 601 PER OR 7171 PG 4146 PER OR 7234 PG 4725
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1939
Floors in Building
1
Number of units
2
Building materials
Metal Siding, Vinyl Siding, Frame, Wood Siding
Listing Agency:
DELTONA LAKES REALTY INC
(386) 574-1401
Listed By:
Sheila Campbell · License #0706104
(407) 687-7900
Added: Sep 11
Changed: Oct 28
Last Checked: Nov 4 at 3:06PM
MLS# V4951232
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.
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Investment Insights
Based on property information with market context.
This duplex property includes a 3-bedroom main residence and a separate 1-bedroom, 1-bath garage apartment, with both units occupied by long-term tenants. The main home offers an open-plan layout, a bright kitchen with newer refrigerator, newer carpets, laminate flooring, and a primary bedroom with an adjoining half bath arrangement. The apartment has its own entrance and parking space, along with newer paint and flooring in the living area.
The property encompasses 3.4 acres at 247 W MINNESOTA Avenue in Orange City, with access to public water, public sewer, and electricity availability. The setting provides a country-style environment while remaining close to 17-92 and shopping. Built in 1939, the property is zoned 01A3 and measures 1204 square feet.
The property encompasses 3.4 acres at 247 W MINNESOTA Avenue in Orange City, with access to public water, public sewer, and electricity availability. The setting provides a country-style environment while remaining close to 17-92 and shopping. Built in 1939, the property is zoned 01A3 and measures 1204 square feet.
Key Highlights
- 3.4‑acre duplex property in Orange City, FL
- Two units occupied by long‑term tenants
- Main residence includes 3 bedrooms and an open‑plan layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,562
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,240
$211.2K
Cap Rate 7%
$150,886
$150.9K
Cap Rate 9%
$117,356
$117.4K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$16.8K $13.92/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$15.1K $12.53/SF
− OpEx
−$4.5K −$3.76/SF
NOI
$10.6K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,240
Cap Rate 7%
$150,886
Cap Rate 9%
$117,356
Alternative Uses
Best Use
Multifamily LT 5
$150.9K
$132.0K – $176.0K
NOI $10,562 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$131.1K
$114.7K – $152.9K
NOI $9,175 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$355.0K
$310.6K – $414.2K
NOI $24,851 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
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Business Placement
Demographics for 32763, FL
23,391
Population
11,897
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
20.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$64,022
Median Household Income
$40,100
Median Earnings
$1,449
Median Rent
$239,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences include a main home and a separate garage apartment.
Where is this duplex located?
The property is located at 247 W MINNESOTA Avenue Orange City, FL.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 3.4‑acre duplex property in Orange City, FL; Two units occupied by long‑term tenants; Main residence includes 3 bedrooms and an open‑plan layout
