Unlock the potential of this rare DeLand value-add opportunity! Situated on a spacious 0.27-acre corner lot, this 4-bedroom, 2.5-bath ranch-style pool home offers an incredible chance for investors, flippers, or buy-and-hold landlords to create significant value through modern updates and customization.
Priced below tax-assessed value, this property stands out as the lowest-priced single-family pool home within a 3-mile radius, with the next closest pool home listed at approximately $320,000 despite offering nearly 400 fewer square feet. Opportunities like this are becoming increasingly difficult to find.
Major capital expenses have already been addressed, including a 2022 roof, newer HVAC system, and newer water heater, allowing investors to focus their budget on high-return cosmetic improvements rather than costly deferred maintenance.
Value-Add Opportunities:
- Complete interior cosmetic renovation
- Create a bright, open-concept floor plan for modern appeal
- Update kitchen and bathrooms
- Install contemporary flooring and finishes throughout
- Fresh interior and exterior paint
- Enhance landscaping and curb appeal
- Transform the backyard pool area into a true Florida-style outdoor oasis
Located in a highly desirable DeLand neighborhood and zoned for Blue Lake Elementary, DeLand Middle, and DeLand High School, the property is just minutes from the historic charm of Downtown DeLand, local shopping, dining, and Stetson University. Its proximity to the university also creates strong rental demand, making it an attractive option for investors seeking both resale upside and long-term cash flow.
Whether you're looking for your next flip, BRRRR strategy, or rental investment, this is a rare chance to secure a pool home with substantial upside at a price point that leaves room for profit. Don't miss this exceptional DeLand find with endless possibilities.