737eindianaavenuedelandfl32724

3 Beds

1 Full bath

1,008SqFt

Active

INVESTOR DEAL THE OPPORTUNITY Value-add investment opportunity in DeLand with the potential to create significant equity through completion and renovation. The property includes: Main residence requiring completion * Separate building with potential for 2 apartments * Plans and permits already submitted/filed with the County * Potential for multiple rental income streams * Convenient location near Downtown DeLand, hospitals and universities * Seller willing to cooperate 100% with the buyer throughout the transaction and provide available information regarding plans, permits and the progress figure is before closing costs, financing costs, holding costs, taxes, insurance, commissions, permits, change orders, and other project expenses. WHY THIS PROPERTY? The combination of a main residence plus a separate building with potential for two apartments creates an opportunity for an investor to pursue both equity appreciation and future rental income. The existing plans and permit activity can potentially save time during the development process, subject to County approval and verification. LOCATION Convenient DeLand location near:• Downtown DeLand • Hospitals • Universities • Shopping & restaurants • Major transportation routes IMPORTANT .ARV, repair costs and potential income are estimates and are not guaranteed. Buyer and buyer’s agent should independently verify all permits, plans, zoning, unit configuration, construction costs, rental requirements, measurements and projected values with the County and qualified professionals. Serious investors — bring your contractor, review the numbers, and evaluate the opportunity.

Property Details
Price $259,500
Bedrooms 3
Full Baths 1
Half Baths 0
Lot Size 45 x 140
Lot Size Area 21344
Lot Size Area Units Square Feet
Acres 0.49
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Other
Exterior Features Other
Year Built 1925
Subdivision PHIPPENS BLKS 129-130 & 135-136 DELAND
Roof Shingle
Heating Central
Foundation Pillar/Post/Pier
Laundry Features Other
Garage spaces 2
Geographic Data
Directions From I-4 East, Take exit 118A-B onto SR-44 W (E New York Ave). Go for 4.9 mi. Turn right onto N Adams Ave. Go for 472 ft. Home will be on your left
County Volusia
Latitude 29.029428
Longitude -81.288713
Market Area 32724 - Deland
Address Information
Address 737 E INDIANA AVENUE, DELAND, FL 32724
Postal Code 32724
City DELAND
State FL
Country United States
Listing Information
Listing Office INVESTOR'S REAL ESTATE LLC
Listing Agent Luz Heredia
Special listing conditions None
Ownership Fee Simple
Terms Cash
MLS Information
Days on market 0
MLS Status Active
Listing Date Sep 22, 2026
Listing Last Modified Sep 22, 2026
Tax ID 701019000440
Tax Year 2025
Tax Annual Amount 3217
MLS Area 32724 - Deland
MLS # O6443821

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