555 Spring Garden Ave DeLand, FL 32720

This exceptional 9.17-acre parcel in DeLand, Florida, presents a remarkable multi-family development opportunity. Located at 555 N Spring Garden, within city limits and zoned primarily R-16 (Multiple Family Dwelling District), this property offers significant potential for a substantial residential project. A small portion of the land is zoned C-2 (General Commercial), adding further versatility. The asking price is $2,200,000, translating to a land value of $3.74 per square foot. Previous discussions with the City of DeLand indicate a potential density of 116 units, although this is not a guaranteed approval. The site boasts convenient proximity to a hospital within the Adventist Health System and is within walking distance of various restaurants. Utilities are readily available, making this a highly attractive investment. This rare opportunity in the desirable city of DeLand offers developers a chance to create a significant residential development in a thriving community. The property's location at 29.0361293, -81.3244437 (latitude and longitude) and its Volusia County, FL 32720 address provide easy access to local amenities and transportation networks. This is a prime location for a high-density residential project. Serious inquiries only.