Multi-Family Development Opportunity Near Downtown DeLand

555 N Spring Garden DeLand, FL 32724

555 N Spring Garden, DeLand, FL, 32724
Aerial View
555 N Spring Garden, DeLand, FL, 32724
FOR SALE
Property Type:
Multifamily Land
Amount:
$2,200,000
Last Verified:
Nov 12, 2024

Daily Email Blast
0 times


Highlights

  • Proximity to Hospital [part of the Adventist Health System]
  • Walking Distance to Restaurants
  • Rare opportunity in City of DeLand
  • Seller indicates City of DeLand previously agreed to 116 unit density on Site
  • Utilities Available

Description

Multi-Family development opportunity. Located within city limits, this lot is zoned R-16 (Multiple Family Dwelling District) and a tiny portion of the property is zoned C-2 (General Commercial). Seller indicates that the City of DeLand previously agreed to 116 unit density on Site.

North-West Quadrant of DeLand, FL. This lot has access to both N Spring Garden and N Boundary Ave. This lot is heavily wooded leaving room for tree selection during the development process.

N Spring Garden is a busy highway interchange in DeLand. This is an extremely rare opportunity to find so much land for sale within such a close proximity to Historic Downtown DeLand. The DeLand Hospital (part of the Adventist Health System) is also close nearby and restaurants are in walking distance. There are also utilities available at the property.

Lot Size: 9.17 acres


Documents

Sale Flyer
Sale Brochure - Light

Map of 555 N Spring Garden, DeLand, FL, 32724

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.