4930 Us Highway 17, De Leon Springs, FL 32130
Photo 1 of 11
$439,000
Beds Baths Sq. Ft. Taxes Built
4 0.00 1,815 $3,708 1949
On the market: 0 days

Est. Monthly Payment:

$2,938($2,629 + $309 taxes*)

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APPROVED
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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.
Listing courtesy of Nick Vaseloff, PRIMEFIT PROPERTIES LLC