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737 E INDIANA AVENUE

House For Sale
$289,500

BTC: 3.48207842

ETH: 109.24528302

+$30K (2026/09/26)
6 days
3 bds
1 ba
1,008 sqft

Overview

INVESTOR DEAL THE OPPORTUNITY Value-add investment opportunity in DeLand with the potential to create significant equity through completion and renovation. The property includes: Main residence requiring completion * Separate building with potential for 2 apartments * Plans and permits already submitted/filed with the County * Potential for multiple rental income streams * Convenient location near Downtown DeLand, hospitals and universities * Seller willing to cooperate 100% with the buyer throughout the transaction and provide available information regarding plans, permits and the progress figure is before closing costs, financing costs, holding costs, taxes, insurance, commissions, permits, change orders, and other project expenses. WHY THIS PROPERTY? The combination of a main residence plus a separate building with potential for two apartments creates an opportunity for an investor to pursue both equity appreciation and future rental income. The existing plans and permit activity can potentially save time during the development process, subject to County approval and verification. LOCATION Convenient DeLand location near:• Downtown DeLand • Hospitals • Universities • Shopping & restaurants • Major transportation routes IMPORTANT .ARV, repair costs and potential income are estimates and are not guaranteed. Buyer and buyer’s agent should independently verify all permits, plans, zoning, unit configuration, construction costs, rental requirements, measurements and projected values with the County and qualified professionals. Serious investors — bring your contractor, review the numbers, and evaluate the opportunity.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1925
Lot:
0.49 Acres
Heating:
Central
Price/sqft:
$287
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$3,217
2025
Garage
2 car garage
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.49 Acres

    Other Property Information

    • Parcel Number: 701019000440

    • Zoning: C-2A&H

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,217

  • Source details

    • MLS ID: O6443821

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Other

    • Direction Faces: West

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1008

    • Water Source: Public

    • Lot Size Dimensions: 45 x 140

    • Subdivision Name: PHIPPENS BLKS 129-130 & 135-136 DELAND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: INVESTOR'S REAL ESTATE LLC