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    796 Blue Lake Ave DeLand, FL 32724

    Sponsored
    For Sale
    $39,000

    Prime Deland land, two lots, owner financing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity in Deland, Florida, presents two combined lots totaling 0.484 acres for the price of one. The property consists of two parcels: Lot 1, encompassing 0.164 acres, fronts South Blue Lake Avenue; and Lot 2, totaling 0.32 acres, is almost directly adjacent to Lot 1, accessible via a high-powerline easement. Both lots are zoned R-3, allowing for the construction of a home with a minimum square footage of 1,000 square feet. This location offers a blend of established development and natural surroundings, creating both immediate and long-term potential. The property is conveniently located approximately 20 minutes from Daytona Beach. The asking price is $39,000, and owner financing is available, making this an attractive proposition for investors and prospective homeowners seeking a prime location in Volusia County, Florida, with the zip code 32724. The property's coordinates are 29.0418309 latitude and -81.2769563 longitude.

    Property Features for 796 Blue Lake Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $39,000 asking price for a special purpose property.
    • .484‑acre combined lot in Deland, FL, consisting of two parcels.
    • R‑3 zoning allows for residential development with a minimum 1,000 sq ft home.
    • Located 20 minutes from Daytona Beach.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.2769563
    Latitude
    29.0418309

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    FAQs

    What type of property is this?
    Specialty property - Prime Deland land, two lots, owner financing.
    Where is this specialty property located?
    The property is located at 796 Blue Lake Ave DeLand, FL.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: $39,000 asking price for a special purpose property.; .484-acre combined lot in Deland, FL, consisting of two parcels.; R-3 zoning allows for residential development with a minimum 1,000 sq ft home.
    Request Owner's contact information
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    DeLand, FL 32724
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    796 Blue Lake Ave DeLand, FL 32724
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