Commercial property in DeLand, Florida 4 bedrooms, 168.8 sq.m. № 2125591

Property description

143 E. South Street, DeLand, FL 32724 is a duplex (2 units) on a 100’ x 100’ lot (~0.23 acres) in a highly walkable, in-town DeLand location—minutes to Downtown dining, Stetson University area, shopping, and major corridors with monthly gross cash flow of $2,535. The property offers a clean value-add / long-term hold play: stabilize operations, raise rents to market, and improve unit interiors/exteriors over time to drive NOI. With 1,817 SF total living area, you’ve got a flexible layout that can support strong tenant demand in the DeLand rental market. Property is ideal for investors targeting cash flow + appreciation in a central Volusia County location. Recent improvements included a new roof in 2021, window replacements, drainfield replacement.