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616 N Florida AVENUE, Deland, FL, 32720 | $365,000
PRIME LOCATION & TWO DWELLINGS! Welcome to this UNIQUE AND VERSATILE PROPERTY featuring TWO DISTINCT DWELLINGS on an oversized 0. 34-acre lot, nestled in the heart of award-winning Downtown DeLand and less than a 5-minute walk to Stetson University. As you approach the property, you’re greeted by the charm and natural beauty of Florida's landscape.
The main residence offers 1, 020 sq ft with 2 bedrooms and 1. 5 bathrooms, blending modern upgrades with charming original details. In the kitchen you will find a wall of windows providing a picturesque view of the backyard and sleek granite countertops. Enjoy the warmth of original wood floors in the bedrooms and the durability of porcelain tile throughout the rest of the home. A spacious screened-in covered patio deck offers the perfect outdoor space to enjoy the serene surroundings.
The second dwelling is a cozy 600 sq ft, 1-bedroom, 1-bathroom space, complete with marble finishes in the newly updated bathroom, a kitchenette, living room, and its own washer/dryer. This unit includes a heating and cooling wall unit and is pre-wired for a mini-split system, which is provided and ready for installation. With a screened side patio and a separate fenced yard, this dwelling offers privacy and comfort, making it ideal for generating rental income, serving as an in-law suite, or functioning as a home office.
The property has undergone several UPGRADES, including new shingle roofs installed in 2017 on both dwellings, two new water heaters, a newer HVAC system, a new shed (2022), and added insulation in the attic. The lush surrounding landscape, filled with Florida native plants, enhances the property’s natural beauty. With its PRIME LOCATION, income potential, and thoughtful updates, this property is a must-see opportunity.
Features
- Rooms: 4
- Bedrooms: 3
- Baths: 2 full / 1 half
- Lot Size: 75 x 119
- Laundry: In Kitchen, Outside
- Style: Bungalow
- Year Built: 1956
- Heating: Electric, Wall Units / Window Unit
- Cooling: Central Air, Wall/Window Unit(s)
- Approx Sq. Feet: 1,620
- Acreage: 0.34
- Lot Size: 75 x 119
- Est. Taxes: $1,054
- Lot Desc: City Lot, Landscaped, Oversized Lot
- Elem. School: Citrus Grove Elementary
- Middle School: Southwestern Middle
- High School: Deland High
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Range, Range Hood, Refrigerator, Washer
- MLS#: V4938292
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/V4938292/616nfloridaavenue_deland_fl?source=qrflyer
Listing courtesy of SWANN REAL ESTATE INC Phone: 386-738-3688
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
616 N Florida AVENUE, Deland, FL, 32720
$365,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $292,000 | $292,000 | $292,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
| Monthly Tax Payment | $88 | $88 | $88 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,822 | $1,774 | $2,308 |
| Total Monthly Payment | $1,985 | $1,937 | $2,471 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388