$595,000
Prime 7.40-Acre Development Opportunity Near Historic Downtown DeLand
Exceptional opportunity to acquire a strategically located 7.40-acre development site positioned along State Road 44 (E. New York Avenue), just minutes from the heart of beautiful and historic Downtown DeLand. Offering approximately 396 feet of frontage on SR 44 and bordered by Fairview Avenue to the west, Frankfort Avenue to the east, and Howry Avenue to the south, this property provides excellent visibility, accessibility, and connectivity in an area experiencing continued growth and the emergence of commercial, hospitality, and lodging services.
The site offers outstanding walkability to Downtown DeLand, known for its charming historic character, vibrant local businesses, professional services, restaurants, shopping, and award-winning Main Street atmosphere. Located within the municipality of the Historic City of DeLand, the property has access to major utilities in the immediate area.
The property consists of approximately 1.35 acres on the northern portion, zoned Commercial C-1 and located within Flood Zone X. The remaining approximately 6.08 acres on the southern portion is zoned Residential R-1 and is also located within Flood Zone X. The property is believed to offer an excellent opportunity for development under a planned Hotel/Lodging Planned Development (PD), making it particularly attractive for hospitality, lodging, and complementary commercial uses, subject to applicable approvals, zoning, and development requirements.
Completed environmental studies and surveys are reported to indicate no known wetlands or other significant environmental concerns on the site. Topography provides additional appeal, with the higher elevation ridge along the northern portion near SR 44 reaching approximately 64 feet, while the predominant lower elevation across the site is approximately 40 feet.
With its substantial acreage, prominent SR 44 frontage, proximity to Downtown DeLand, surrounding street access, utility availability, and potential for hotel/lodging development, this property presents a compelling opportunity for developers and investors seeking a well-positioned site in one of DeLand’s growing corridors.
V4950446
MLS
E New York Avenue, Deland