555 Spring Garden Ave DeLand, FL 32724

This exceptional 9.17-acre commercial land parcel presents a rare multi-family development opportunity in the thriving city of DeLand, Florida. Located at 555 N Spring Garden, this property is ideally situated within city limits, offering convenient access to essential amenities and infrastructure. The site boasts a permitted zoning of 05R-16 (Multiple Family Dwelling District), with a small portion zoned C-2 (General Commercial). The asking price is $2,200,000, translating to a land value of $5.51 per square foot. A significant advantage is the seller's indication that the City of DeLand previously approved a density of 116 units for this location, providing a strong foundation for a substantial development project. The property's proximity to a hospital (part of the Adventist Health System) and its walking distance to various restaurants further enhance its appeal and potential for attracting residents. Utilities are readily available, simplifying the development process. This prime location in DeLand, combined with its zoning and potential unit density, makes this a truly unique investment opportunity. The 32724 zip code ensures easy access to major transportation routes and other key areas of Volusia County. Don't miss this chance to acquire a highly desirable and strategically located parcel in a rapidly growing Florida market.