125 Adelle AveDeLand, FL 32720

Property Details for 125 Adelle Ave

Lot size

0.41 AC

Property type

Residential income properties

Property subtype

Other land

Description

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.

Location Insight

City

DeLand

County

Volusia

State

Florida

Latitude

29.027

Longitude

-81.3112

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