128 E RICH AVENUE, DELAND, FL 32724
ROGERS DELAND · Volusia County
Key Facts
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**
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1925
Stories
2
Living Area
19,012 sq ft
Lot Size
0.44 acres
Lot Dimensions
144x132
Ownership
Corporation
Zoning
05C2
Days on Market
192
MLS® Listing#
V4946191
Property Features
Cooling
Basement
Construction
Foundation
Financial Details
Annual Taxes
$2,909
Tax year 2024
Parcel Number
7009-01-05-0023
Directions
Heading North on Woodland Blvd - Turn right onto E Rich Ave - Properties are on the right. 122-128 E Rich Ave.
Affordability Calculator
$260,000
Estimated monthly payment
$6,919/mo
Principal $1,040,000 · Est. interest $1,450,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in DELAND, FL
- $376,250
- Median Listing Price
- 60
- Median Days on Market
- 1,859
- Median Sq Ft
- $206
- Median Price / Sq Ft
- 473
- Active Listings
- This home’s price is 246% above the area median.
- Its price per sq ft is 67% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in DELAND, FL.
Location
Points of Interest in DELAND, FL
Showing the DELAND area map.
Nearby Schools
Kid City USA - Deland 2
School · 0.4 mi away
Trinity Learning Center
School · 0.4 mi away
Volusia County Schools
School · 0.4 mi away
St. Peter Catholic Church
School · 0.5 mi away
Boston Avenue Charter School
School · 0.7 mi away
First Presbyterian School
School · 0.7 mi away
Kid City USA
School · 0.8 mi away
Casa Montessori
Elementary · 0.8 mi away
Children's House Montessori School
Elementary · 0.9 mi away
Richard Milburn Academy
School · 1.0 mi away
Edith I. Starke Elementary School
Elementary · 1.0 mi away
George W. Marks Elementary School
Elementary · 1.2 mi away
Precious Little Moments Child Care LLC
School · 1.3 mi away
Deland High School
Secondary · 1.4 mi away
Stetson Baptist Church
School · 1.4 mi away
Blue Lake Elementary School
Elementary · 1.6 mi away
Southwestern Middle School
Secondary · 1.7 mi away
Deland Middle School
Secondary · 1.8 mi away
Zulu Aeronautics & Aviation Consulting Group
School · 2.1 mi away
Citrus Grove Elementary
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 530 N BLUE LAKE AVENUE, DELAND, FL | $925,000 | 4 | 4 | 3,331 |
| 1104 N Boston Avenue, DeLand, FL | $925,000 | 3 | 3 | 2,246 |
| 1307 COOK STREET, DELAND, FL | $960,000 | 12 | 6 | 4,500 |
| 1619 MAGNOLIA AVENUE, DELAND, FL | $974,900 | 4 | 4 | 3,252 |
| 1623 MAGNOLIA AVENUE, DELAND, FL | $974,900 | 4 | 4 | 3,250 |
| 975 ROLLING ACRES DRIVE, DELAND, FL | $975,000 | 4 | 3 | 2,535 |
Moving Cost Estimate
EXIT Agents in DELAND
Listing Courtesy: GREENE REALTY OF FLORIDA LLC - 386-734-2200
Last Updated: 2025-12-10