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Property profile

796 Blue Lake Ave DeLand, FL 32724

OFF-MARKET
Specialty properties
Property ID
US18-5130987
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Property summary

AI-generated overview

This exceptional investment opportunity in Deland, Florida, presents two combined lots totaling 0.484 acres for the price of one. The property consists of two parcels: Lot 1, encompassing 0.164 acres, fronts South Blue Lake Avenue; and Lot 2, totaling 0.32 acres, is almost directly adjacent to Lot 1, accessible via a high-powerline easement. Both lots are zoned R-3, allowing for the construction of a home with a minimum square footage of 1,000 square feet. This location offers a blend of established development and natural surroundings, creating both immediate and long-term potential. The property is conveniently located approximately 20 minutes from Daytona Beach. The asking price is $39,000, and owner financing is available, making this an attractive proposition for investors and prospective homeowners seeking a prime location in Volusia County, Florida, with the zip code 32724. The property's coordinates are 29.0418309 latitude and -81.2769563 longitude.

Property profile

Verified
Property type Specialty properties
UPID US18-5130987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

796 Blue Lake Ave DeLand, FL 32724
DeLand metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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