MarthaThomas

1618 Magnolia Avenue , Deland, FL 32724

$359,000
  • 1618 Magnolia Avenue , Deland, FL 32724 Main Photo

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New to the Market Active
BEDS4 BATHS SQUARE FEET2,016 MLS#O6444906
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDELAND HIGHLANDS

Property Description

Virtually Staged. Excellent investment opportunity in a convenient DeLand location! This duplex includes both units and offers easy access to Downtown DeLand's Historic Garden District, Stetson University, AdventHealth DeLand, De Leon Springs State Park, DeLand Municipal Airport, US 92, I-4, Embry-Riddle Aeronautical University, Daytona Beach, and New Smyrna Beach.Property features include a septic system installed in 2021, a 2016 roof, appliances updated in 2020 and 2022, a water softener installed in 2022, two carports, a large utility shed, a spacious fenced yard. One unit is tenant-occupied through October 1, 2026, while the other is vacant, offering immediate flexibility for an owner-occupant or investor.

1618 Magnolia Avenue | MLS# O6444906

This multi-family property located at 1618 Magnolia Avenue , Deland, FL 32724 is currently listed for sale with an asking price of $359,000. Search Deland real estate on marthathomas.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Heat Pump
Lot Size: 0.38 Acres
Roof Type: Metal
Taxes: $5,381
Year Built: 1960

Amenities

Ceiling Fans(s)
Thermostat
Fence
Fire Pit

Feature Descriptions

Annual Net Income: 30235.00
Days on Site: 2
Directions: West 92 from I-95, North on N. Kepler, West on Magnolia
Exterior: Block, Frame, Wood Siding
Flood Zone Code: X
Foundation: Block, Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.38
Other Equipment: Fire Pit
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Lock Box Coded
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available, Phone Available
Water: Well
Water Access Y/N: No
Zoning: 01R4

Listed By / Shown By

Listed By

Agency Name: STAR BAY REALTY CORP.
Agency Contact: 813-533-6467

Shown By

Agent Name: Martha Thomas
Agent Phone: (732) 261-9998
Agency Title: Florida Executive Realty

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Estimated Payment

$ 1,352.10 per month $798.98 Principal & Interest $448.42 Property Tax $104.71 Homeowner's Insurance

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