Attention Investors! Come check out this Deland Flip or Student Rental. This oversized mid-century 3/2.5 in DeLand sits just blocks from Stetson University and includes a rare detached guest studio with private entrance, bath, and kitchenette. With a recent appraisal of $365,000 the value here is obvious. The home features block construction, AC from 2018, mini-splits (one newer), and a 0.36-acre corner lot, offering a solid foundation for a light-to-moderate cosmetic flip.
For student housing operators, this layout is a cash-flow machine: large bedrooms in the main home plus a private studio ideal for rent-by-the-room strategies. Parking, fenced yard, and proximity to Downtown Deland and Stetson University give it strong rental appeal.
After Repair Value: $400,000.00
Do your own due diligence! Cash or private money only. This is an assignment of contract. Price includes assignment fee. Property sold as is with no inspection period, non-refundable earnest money deposit due with signed contract. Buyer to pay all closing costs.
Please call Chuck at 321-914-5546 for access and showing info.