Great investment opportunity in the heart of Debary just minutes away from the newly planned downtown Debary Main Street development along U.S. highway 17-92. 124 S. Charles Richard Beall Blvd is a mixed-use property built in 1952 with extreme potential for any investor. The property has 6 units which sit on a 1acre corner lot (1.05) with front and rear parking Minutes away from I-4 for access to Orlando and Daytona. The property currently has income from 5 of the 6 units ($4,700) and can be increased, the property can also be delivered vacant to new owner. In addition to the recently enacted founder code B-4 commercial classification, which was put in place to encourage business development in the area allowing for the owner to provide a list of services and goods to the thriving and growing Debary community. This is a must-see opportunity for any savvy investor.
Financial Considerations
Price:
$1,200,000
HOA Fee:
N/A
Tax Amount:
$3812
Price per SqFt:
$379.51
Tax Legal Description:
LOT 1 BLK F MILLERS ACRES MB 11 PG 208 & INC N 20 FT OF LOT 1 BLK A CHRISTBERGER MANOR MB 11 PG 24 EXC CORNER TRIANGLE 10.89 FT ON E/L PER OR 2184 PG 1795 PER OR 4149 PGS 0029-0030 PER OR 7111 PG 3878