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Discover a fully income-producing mixed-use investment property in the growing corridor of De Leon Springs. This four-unit building generates $3,650 month in rental income ($43,800 annually) and delivers a strong 7.7% true CAP rate at the current asking price. Situated on a 0.67-acre corner lot with high-visibility frontage on US-17, the property offers exceptional exposure, easy access, and long-term upside. The building features 1,815 sq ft of rentable space across four residential units, with all units currently occupied. Flexible B-4/Mixed Commercial zoning allows for a broad range of uses including retail, office, residential, and mixed-use configurations, making this an attractive opportunity for investors or an owner-user seeking supplemental income. With a low building-to-land ratio and a large lot, the site also offers potential for expansion, reconfiguration, or future redevelopment (buyer to verify with county). Flood Zone X provides additional cost efficiency as no flood insurance is required. Located minutes from Downtown DeLand and surrounded by area growth, this stabilized asset provides immediate cash flow with strong long-term potential.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/31/2026 |
|---|---|---|---|
| TRACT | KIRCHOF | YEAR BUILT | 1949 |
| COMMUNITY | 32130 - Deleon Springs | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32130 - Deleon Springs |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Stucco, Vinyl Siding |
| HEAT | Electric |
| LOT | 0.67 acre(s) |
| SEWER | Septic Tank |
| SUBDIVISION | KIRCHOF |
| TAXES | 3708 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Nick Vaseloff, PRIMEFIT PROPERTIES LLC, 407-305-2284
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/31/26 6:03 PM PST.
This IDX solution is (c) Diverse Solutions 2026.