125 Adelle Ave DeLand, FL 32720

This exceptional 0.41-acre residential lot in DeLand, Florida (32720), presents a unique investment opportunity. Located just blocks from downtown DeLand, off New York Ave, this property is zoned to allow for two homes, making it ideal for multi-generational living or rental income. The existing structures comprise a main house with three bedrooms and two bathrooms, totaling 1,150 square feet of enclosed space plus a 312-square-foot open porch. A separate detached guest house/mother-in-law suite adds another bedroom and bathroom, encompassing 567 square feet. The main house and primary bedroom have separate HVAC systems, sharing a single electrical system. The guest house has its own dedicated HVAC and electrical systems. The property also features a sizable yard, potentially suitable for a garden. The asking price is $125,000, translating to a land value of $6.94 per square foot. Site plans and development approvals are currently in progress. This property offers significant potential for both personal use and investment.