318 Clake Street, DELAND, FL 32720
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  • MLS#: V4947850 ( Residential Income )
  • Street Address: 318 Clake Street
  • Viewed: 7
  • Price: $465,000
  • Price sqft: $184
  • Waterfront: No
  • Year Built: 1941
  • Bldg sqft: 2525
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 14
  • Additional Information
  • Geolocation: 29.0238 / -81.3025
  • County: VOLUSIA
  • City: DELAND
  • Zipcode: 32720
  • Subdivision: Clakes Blk 14 Howrys Add Delan
  • Elementary School: Blue Lake Elem
  • Middle School: Deland
  • High School: Deland
  • Provided by: CENTURY 21 SUNDANCE REALTY
  • Contact: Nicole Brousseau
  • 386-756-6800
  • mfrmls
  • DMCA Notice
  • Description
    Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3 unit gem sits on 2 lots with 3 tenants already in placePrime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income producing asset in the heart of DeLand. This multi unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as is,' this is a rare chance to acquire a high return property in a sought after Historic District with built in demand, or live in the home & have a built in income stream. Do not disturb tenants; the agent/owner is the landlord. 24 hour notice to show.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Yard, RV Hookup
  • Living Area: 2221.00
  • Roof: Metal, Shingle
Property Information
  • Property Condition: Completed
School Information
  • High School: Deland High
  • Middle School: Deland Middle
  • School Elementary: Blue Lake Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Green Energy Efficient: Appliances, Insulation, Lighting
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Interior Features: Attic Ventilator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
  • Legal Description: LOTS 7 & 8 CLAKES SUB BLK 14 HOWRYS ADD DELAND MB 5 PG 2 MB 15 PG 175 PER OR 4681 PG 0556 PER OR 5488 PG 1446 PER OR 5705 PG 0764 PER OR 6118 PGS 1684-1685 PER OR 7441 PGS 3487-3488 PER OR 7618 PGS 3912-3913 PER OR 8727 PG 0344 PER OR 8729 PG 4113
  • Levels: Multi/Split
  • Area Major: 32720 - Deland
  • Parcel Number: 00-70-16-12-00-0070
  • Possession: Close Of Escrow
  • Zoning Code: 1210-MIXED
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Headshot for Associate Sara Oquendo
  1. Sara Oquendo, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.428.8657
  4. saraoquendo1972@gmail.com