Property
ActiveCommercial
1/60
$1,300,000

128 E RICH AVENUE

Deland, FL 32724
0
Beds
0
Baths
10,322
SqFt
0.44
Acres
STELLAR
#V4946191
Updated: Jun 20, 2026, 11:38pm

Property Description

Prime Downtown DeLand mixed-use opportunity across two downtown parcels, 700901050023 & 700901050030, with strong in-place income and serious upside. Centrally located in a high-traffic, highly visible downtown corridor, this property features currently occupied residential rental units producing steady cash flow, along with income-producing commercial spaces well-suited for retail, office, studio, or service-based users seeking walkability and exposure. Property is currently configured as 8 residential units and 2 commercial units, with 2 of the residential units vacant and needing renovations. Additional workshop and storage space provides flexible utility and potential for added revenue. On-site parking area adds a major advantage for both residential tenants and commercial customers- rare for downtown. Property offers clear value-add potential for investors and business-minded buyers willing to add some TLC to boost rents and maximize long-term returns. Ideal for portfolio growth, owner-user live/work vision, or repositioning play in one of DeLand’s most active and desirable areas. Don't miss the chance to make this rare opportunity yours! **All information provided by public records and/or seller and presumed correct, but to be verified by buyer during due diligence**
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Property Details

Interior
Building Area Total
19012
Cooling
Central AirNoneWall/Window Unit(s)
Living Area
10322
Construction
Building Area Source
Owner
Building Area Units
Square Feet
Construction Materials
BlockBrickWood Siding
Foundation Details
BlockCrawlspacePillar/Post/PierSlab
Living Area Source
Public Records
Living Area Units
Square Feet
Stories Total
2
Year Built
1925
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.44
Lot Size Area
19008
Lot Size Dimensions
144 x 132
Lot Size Square Feet
19008
Lot Size Units
Square Feet
Number Of Lots
Yes
Public Survey Range
30E
Public Survey Section
09
Road Frontage Type
City Street
Road Surface Type
Paved
Total Acreage
1/4 to less than 1/2
Zoning
05C2
Financials
Additional Parcels
Yes
Additional Parcels Description
700901050030
Calculated List Price By Calculated Sq Ft
68.38
Contract Status Change Date
2025-12-10
Current Price
1300000
Feed Types
BBO
Owner Name
V W GOULD AGENCY INC
Ownership
Corporation
Parcel Number
700901050023
Public Survey Township
17S
Tax Annual Amount
2908.56
Tax Block
5
Tax Book Number
MB14-15-17
Tax Legal Description
PARCEL #1: W 61 FT OF N 1/2 OF LOT 2 & E 3 FT OF N 60 FT OF LOT 3 BLK 5 DELAND PER OR 2750 PG 0713 PARCEL #2: E 83 FT OF N 1/2 OF LOT 3 EXC E 3 FT OF N 60 FT BLK 5 DELAND PER OR 4255 PG 3358
Tax Lot
2
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32724 - Deland
Subdivision Name
ROGERS DELAND
Listing provided courtesy of STELLAR via IDX. Updated: Jun 20, 2026, 11:38pm.
Hailey Graham

Listing Agent

GREENE REALTY OF FLORIDA LLC

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