$1,300,000
128 Rich Avenue
Deland, FL 32724
Listing updated: January 7, 2026 at 2:15 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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**
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history28 days on market
- Status: ActiveDec 11, 2025
- Listed$1,300,000Dec 10, 2025
- Price increased$1,300,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 28
- Subdivision
- Rogers Deland
- County
- Volusia
- Year built
- 1925
- Living area
- 10,322 sq ft
- Price/sq ft
- $68
- Building area
- 19,012 sq ft (Owner)
- Lot size
- 19,008 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12127C0470H)
- Annual taxes
- $2,909 (2024)
- Parcel #
- 7009-01-05-0023
- Zoning
- 05C2
- MLS #
- V4946191
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Heating & Cooling
- Cooling
- Central Air, None, Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Corporation
Exterior & Construction
- Construction materials
- Block, Brick, Wood Siding
- Foundation
- Block, Crawlspace, Pillar/Post/Pier, Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2025-12-10
- On market date
- 2025-12-10
- Original list price
- $1,300,000
- MLS area
- 32724 - Deland
- Listing AOR
- West Volusia
- Status changed
- 2025-12-11
- 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
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Heading North on Woodland Blvd - Turn right onto E Rich Ave - Properties are on the right. 122-128 E Rich Ave.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of January 7, 2026 at 2:15 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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