737 E Indiana Avenue, Deland, FL 32724
Local realty services provided by:Bingham Realty ERA Powered
737 E Indiana Avenue,Deland, FL 32724
$259,500
- 3 Beds
- 1 Baths
- 1,008 sq. ft.
- Single family
- Active
Listed by: luz heredia
Office: investor's real estate llc.
MLS#:O6443821
Source:MFRMLS
Price summary
- Price:$259,500
- Price per sq. ft.:$257.44
About this home
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....
Contact an agent
Home facts
- Year built:1925
- Subdivision & Development:PHIPPENS BLKS 129-130 & 135-136 DELAND
- Listing ID #:O6443821
- Added:1 day(s) ago
- Updated:September 23, 2026 at 12:35 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Basement Description:Pillar/Post/Pier
- Living area:1,008 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:1,008 sq. ft.
- Lot area:0.49 Acres
- Construction Materials:Wood Siding
- Foundation Description:Pillar/post/pier
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$259,500
- Price per sq. ft.:$257.44
- Tax amount:$3,217 (2025)
Features and amenities
- Pool features:Public Pool
Parking
- Garage:Yes
- Garage spaces:2
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