1026 Beresford Rd DeLand, FL 32720
This exceptional single-family rental portfolio in DeLand, Florida, presents a unique investment opportunity. The property consists of a meticulously renovated, single-story, 6,000 square foot home featuring five bedrooms and three bathrooms. Built and renovated in 2023, this residence boasts a desirable location on a three-acre lot, offering ample space and privacy. The main home includes a refreshing pool, enhancing its appeal. The property's R-4 zoning permits a high density of residential development. Furthermore, an additional two-acre parcel is included, presenting significant potential for future expansion. This parcel offers the possibility of constructing up to ten additional homes, creating a substantial family compound or a lucrative multi-unit rental development. Conveniently situated between Daytona Beach and Orlando, this property provides easy access to Interstates 4 and 95, and is only a 30-minute drive to the Atlantic Ocean. The asking price for this entire property is $1,400,000. The two-acre parcel is also available for separate purchase, making this an ideal opportunity for both investors and builders seeking a prime location for a new project.
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Grayson Painting Painting Service General Contractor
Cap rate
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Property description
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