$315,000
$325,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
6 Baths
4,012 SqFt
SOLD DATE : 04/27/2022
Key Details
Sold Price $315,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,012 sqft
Price per Sqft $78
Subdivision Lake Molly Sub
MLS Listing ID O6011527
Sold Date 04/27/22
Bedrooms 11
Full Baths 6
Construction Status No Contingency
HOA Y/N No
Year Built 1946
Annual Tax Amount $2,837
Lot Size 0.940 Acres
Acres 0.94
Lot Dimensions 81x163
Property Description
Incredible Opportunity to acquire an over 4,000 square foot former Adult Living Facility on approximately 1 acre of land! This solidly constructed concrete block building has 11 bedrooms and 6 bathrooms plus living areas, kitchen, and large concrete detached storage building. Options for this property abound, including returning to an ALF, creating a high cash flow rental property, applying for a rezoning/annexing to city of DeLand to do a multi-family use on the property, doing a PUD (planned urban development) project to add more buildings on to the property, or simply renovating as a massive home for a large or growing family. You could also rent out the property by room or even On Airbnb! Either way you go with this project, it’s hard to go wrong, buying at $81 sqft!!! One of the Lowest price per square foot block buildings in the entire county! Property is absolutely gorgeous with majestic live oaks, wildlife, and pond frontage all on a paved road. Perfectly located 3 miles north of Downtown Deland, 2.7 miles from Stetson University, and only 2.4 miles from the Deland Airport! Endless opportunities to cash flow on this solid deal.
Location
State FL
County Volusia
Community Lake Molly Sub
Zoning 01R3
Interior
Interior Features Split Bedroom, Wet Bar
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile
Fireplace false
Appliance None
Laundry Laundry Room
Exterior
Exterior Feature Storage
Utilities Available Electricity Available, Phone Available, Street Lights, Water Available
Waterfront true
Waterfront Description Pond
View Y/N 1
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Private, Well
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools George Marks Elem
Middle Schools Deland Middle
High Schools Deland High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Private Financing Available, Special Funding
Listing Terms Cash, Conventional, Other, Private Financing Available, Special Funding
Special Listing Condition None
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Bought with DELUCA REAL ESTATE SERVICES LLC
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