333 Osceola StDeLand, FL 32724

This exceptional five-unit apartment building, located at 333 S Osceola St, DeLand, Florida 32724, presents a compelling investment opportunity. The property, a single-story concrete block structure with a pitched shingle roof, encompasses approximately 5,119 gross square feet on a 0.34-acre lot. Built in 1973 and renovated in 2024, the building features five two-bedroom, one-bathroom units. All units are equipped with central air conditioning. Tenant responsibility includes electricity (separately metered), while the landlord covers water, sewer, and trash services. Convenient onsite laundry facilities are available for residents. The property's prime location offers easy access to downtown DeLand and Stetson University, and is within fifteen minutes of the Deland Municipal Airport and a half-hour from Blue Springs State Park. The building is situated in an Opportunity Zone and boasts a projected annual income of $100,800. The permitted zoning is 05R-3. This property is an excellent addition to any investment portfolio.