Deland, FL 32720

$1,599,000
MLS #/Web ID: O5556540
O5556540

Lots and Land for sale in Deland, FL

for $1,599,000. The lot size is 40.50 Acre(s).

Property Information

  • $1,599,000
  • Lots and Land
  • Taxes are $11,644
  • Active
  • Lot size of 40.50 Acre(s)
  • Deland, FL
  • Volusia County
  • MLS/Web ID is O5556540

 Virtual Tour

Description

Beautiful 40.5 acres in very desirable Deland location for possible development. The property site sits on Glenwood Rd and is 4 miles away from the heart of downtown Deland. The property is currently identified by Volusia County as two separate tax parcels containing a total area of 40.5 acres. The current zoning which consists of two zoning classifications, is RR - Rural Residential, which allows one dwelling unit per acre and RA, Rural Agricultural Estate, which allows one dwelling unit per 2.5 acres. According to the Volusia County Zoning Map overlay it appears that approximately 4.95 acres are zoned RR with the remaining 35.55+/- being zoned RA. With the larger portion of the property being zoned RA, Rural Agricultural Estate, current zoning will allow one dwelling unit per 2.5 acres. Based on this premise, the property can accommodate 16 total dwelling units. The possibility for a potential rezoning to 1 acre parcel dwelling units based on the RR zoning of the smaller 4.95 acres will need to be explored with Volusia County.

Listed By

Broker: COLLADO REAL ESTATE

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Pricing History

Date Price Price Change Description
5/16/2018 $1,599,000 -5.94 % Price Change
1/14/2018 $1,700,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Deland $398,417 75 % below $279,900 82 % below
Lots and land listings in Deland $470,211 71 % below $254,950 84 % below

Get the facts about Deland, FL!

Population 28,440
Population Growth (since 2000) 23 %
Median Income $39,895
Median Age 39.72
Households w/ Children 26 %

Residential Dwellings

  • Owned 6955
  • Vacant 1789
  • Rented 4500

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