For Sale
$2,200,000

555 Spring Garden AveDeLand, FL 32720

9.17 Acres, R-16 Zoning, High Density Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 9.17-acre parcel in DeLand, Florida, presents a remarkable multi-family development opportunity. Located at 555 N Spring Garden, within city limits and zoned primarily R-16 (Multiple Family Dwelling District), this property offers significant potential for a substantial residential project. A small portion of the land is zoned C-2 (General Commercial), adding further versatility. The asking price is $2,200,000, translating to a land value of $3.74 per square foot. Previous discussions with the City of DeLand indicate a potential density of 116 units, although this is not a guaranteed approval. The site boasts convenient proximity to a hospital within the Adventist Health System and is within walking distance of various restaurants. Utilities are readily available, making this a highly attractive investment. This rare opportunity in the desirable city of DeLand offers developers a chance to create a significant residential development in a thriving community. The property's location at 29.0361293, -81.3244437 (latitude and longitude) and its Volusia County, FL 32720 address provide easy access to local amenities and transportation networks. This is a prime location for a high-density residential project. Serious inquiries only.

Highlights

  • 9.17-acre multi-family development site in DeLand, FL.
  • Walking distance to restaurants.
  • Rare development opportunity in DeLand.
  • Potential for 116 units (subject to city approval).
  • Utilities readily available.

Property Details for 555 Spring Garden Ave

Property type
Land
Lot Size (sq. ft)
399,445 SF

Location Insight

City
DeLand
County
Volusia
State
Florida
Latitude
29.0361293
Longitude
-81.3244437
555 Spring Garden Ave, DeLand, Florida

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555 Spring Garden Ave
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