Mixed-Use Live-Work
718 E NEW YORK AVENUE Deland, FL 32724
718 E NEW YORK AVENUE, Deland, FL, 32724
$349,900
For Sale
$349,900
High-visibility setup with a home frontage and a separate back building for an income-producing business use.
Property Size1,823 SF
Price / SF$191.94
Days on Market52
Property Features for 718 E NEW YORK AVENUE
General Information
- Standard status
- Active
- Size
- 1,823 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1935
Listing Agency
BEE REALTY CORP
(386) 279-7522
Listed by
BEE POWELL · License #3259106
Source
Corcoran
Added: May 27 Checked: Jul 17 at 7:56 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BEE REALTY CORP
Investment Insights
Based on property information with market context.
This mixed-use live-work property is designed for both residential and business use under one ownership. The front features a cozy home with charm, while the rear contains a thriving pet grooming business operating out of a spacious 529-square-foot building. A large carport and a generous parking area support day-to-day functionality for residents, customers, and business operations. The oversized back lot also provides room for storage, outdoor use, parking improvements, expansion possibilities, or future development planning.
The property sits along busy East New York Avenue with approximately 110 feet of road frontage, offering strong visibility for a wide range of commercial concepts. The sale also includes the rear parcel with Georgia Avenue frontage (Alt Key #2236850), adding flexibility for additional uses and potential future growth.
For buyers and operators, the combination of a front home and a separate back commercial building can fit an owner-operator model, a live-and-work arrangement, or an investor seeking a property with both income potential and practical expansion options. The included rear parcel and flexible lot size may appeal to those looking to scale operations, increase on-site utility, or plan for longer-term development.
The property sits along busy East New York Avenue with approximately 110 feet of road frontage, offering strong visibility for a wide range of commercial concepts. The sale also includes the rear parcel with Georgia Avenue frontage (Alt Key #2236850), adding flexibility for additional uses and potential future growth.
For buyers and operators, the combination of a front home and a separate back commercial building can fit an owner-operator model, a live-and-work arrangement, or an investor seeking a property with both income potential and practical expansion options. The included rear parcel and flexible lot size may appeal to those looking to scale operations, increase on-site utility, or plan for longer-term development.
Key Highlights
- Mixed‑use live/work setup on busy East New York Avenue with approximately 110 ft of road frontage
- Front features a home; back includes a pet grooming business in a separate 529 SF building
- Large carport and generous parking area supporting both residential and business use
Local Financial Insights For Office B
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 | $39.4k | $21.60 |
| − Vacancy | −$3.0k | −$1.62 |
| EGI | $36.4k | $19.98 |
| − OpEx | −$9.1k | −$5.00 |
| NOI | $27.3k | $14.99 |
1,823 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$390.3K
$341.5K – $455.3K
NOI $27,318 @ 7.0% cap · market cap 7.81%
Second Best
Mixed Use
$321.7K
$281.5K – $375.3K
NOI $22,519 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$537.5K
$470.3K – $627.1K
NOI $37,627 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Practical Puppy Grooming
Pet Grooming Service
Robert C Brown ...
Accounting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - High-visibility setup with a home frontage and a separate back building for an income-producing business use.
Where is this live-work space located?
The property is located at 718 E NEW YORK AVENUE Deland, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Mixed‑use live/work setup on busy East New York Avenue with approximately 110 ft of road frontage; Front features a home; back includes a pet grooming business in a separate 529 SF building; Large carport and generous parking area supporting both residential and business use
