Investment Opportunity: vacant Land with 2 Parcels zoned R2 – perfect for duplex with instant rental income. This property is ideal opportunity for the construction of a duplex home. This property is well-suited for generating rental income or long-term investment.
Key Highlights:
Zoned R2 – Suitable for duplex development
Potential for rental income through multi-family housing
Two separate parcels, allowing for flexible development options
Ideal location for building homes to meet local demand for affordable or rental housing
This property offers a solid investment with the potential for strong returns, whether you choose to build and lease the duplexes or sell upon completion. Take advantage of this great opportunity in a growing market!
330 E Wisconsin AVENUE, Deland, FL, 32724
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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