3151 Howland BlvdDeltona, FL 32725

Property Details for 3151 Howland Blvd

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.12 AC

Property size (Sq ft)

5,151 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

8108-06-00-3000

APU

810806003000

Description

This exceptional investment opportunity presents two medical office/retail condo buildings totaling 13,569 square feet, situated on a 1.88-acre lot in Deltona, Florida. The property, located at 3151 Howland Boulevard, Units 200 & 300, is zoned C-1, Retail Commercial District, and boasts a prime location approximately one mile from Interstate 4 and Halifax Health | UF Health - Medical Center of Deltona. Building 200, encompassing 8,418 square feet, is currently in shell condition, easily divisible into two 4,209 square foot units. This building features four separate entrances and rear doors, offering flexibility for multiple tenants. Building 300, a 5,151 square foot structure, is currently used as a daycare but is readily adaptable for medical office use with minimal renovations

• CAP approach

  CAP return

  Valuation

  6%

  $1,087,240

  6.5%

  $1,003,606

  7%

  $931,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $891,260

  Geo Method

  $891,260

• Alternative Use

  Use

  Valuation

  Residential

  $1,003,606

  Hospitality

  $919,298

  Educational

  $764,845

  Medical

  $791,149

  Retail

  $1,189,759

Location Insight

City

Deltona

County

Volusia

State

Florida

Latitude

28.9461

Longitude

-81.2434

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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