2820 Howland Blvd Deltona, FL 32725

Property Details for 2820 Howland Blvd

Year built

1991

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.34 lot acres

Property size

4,460 SF

Zone code

B

Property type

Warehouses

APN

8130-39-09-0090

APU

813039090090

Description

This exceptional 5,088 square foot retail plaza, situated on a 0.34-acre lot at 2820 Howland Boulevard in Deltona, Florida, presents a lucrative investment opportunity. The property boasts a prime location on a high-volume traffic thoroughfare, ensuring excellent visibility and accessibility for businesses. Currently comprised of seven individual units, plus a large one-car/truck garage, the plaza is approximately 90% occupied, generating consistent rental income. Zoned C-1, this versatile property allows for a wide range of commercial uses. Currently serviced by water and septic, the property has the potential for significant upgrades by connecting to readily available sewer lines. This connection would open up additional possibilities, including food service establishments, restaurants, and bed and breakfasts. The asking price is $1,150,000. For investors seeking a strong return, the owner is offering attractive owner financing terms: an 8.65% interest rate amortized over 30 years, with a balloon payment due in three years and a 50% down payment required. This is a rare chance to acquire a well-located, income-producing retail property with significant upside potential.

Location Insight

City

Deltona

County

Volusia

State

Florida

Longitude

-81.2237

Latitude

28.9431

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments