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318 N Florida Ave - Coastline Lofts

0.6 Acres of Commercial Land Offered at $1,195,440 CAD in Deland, FL 32720

Investment Highlights

  • Ready for development
  • Two blocks from Stetson University
  • One block from Downtown

Executive Summary

**Land only, description details plans awaiting approval. Pictures are renderings.**
318 N FLORIDA AVE - COASTLINE LOFTS
This small and forgotten railway was once a vital thoroughfare for DeLand’s downtown and an important part of the town’s history. Railroad operator Seaboard Coastline Railroad, once owned the tracks the lofts will be built on, hence the name Coastline Lofts. Our team has gone to extraordinary measures to ensure we are creating a community that the DeLand residents will be proud of and ideal for people who want to live, work, and play downtown. Whether it’s being a part of the hustle and bustle or relaxing in modern sophistication within a historic downtown setting; Coastline Lofts is the place to live.
The lofts boost unique and creative floor plans with a balance of modern finishes like polished concrete floors and a stainless-steel handrailing cabling system paired with gorgeous traditional hardwood flooring on the upper levels and expansive hand-framed ceiling trusses. Coastline Lofts is an important project for downtown DeLand. It is the first of its kind and the first multi-family project to be built and sold in downtown in over 20 years.?
There are 12 residential lofts and 2 street-facing artists’ lofts and include lofts, one-bedroom/one bath, and two bedrooms/two baths floor plans.
There are six floor plan options that range from 827.00 sq. ft. to 1,136.00 sq. ft.
Total building structure size is 13,685.00 sq. ft. (Enclosed + Ext. Entry) and 13,437.00 sq. ft. (Total Enclosed Floor Plates).
Included in the site plan is a water cistern to recycle grey water to water the plants, a Zen rock garden, a community gathering area, two water fountains, an art mural wall, and Xeriscaped with native-landscaping to reduce the need for irrigation and lower ongoing maintenance costs for the homeowners.?
** Site plans and development approvals are in process **

Property Facts

Price $1,195,440 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.60 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,195,440 CAD
Price Per AC $2,005,368 CAD
Lot Size 0.60 AC

Coastline Lofts is located at the corner of Florida Avenue and W. Ohio Avenue, one block from Stetson University and two blocks from historic downtown DeLand.

Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7009-11-10-0051
Land Assessment
$27,990 CAD
Improvements Assessment
$108,197 CAD
Total Assessment
$136,187 CAD

zoning

Zoning Code R (Residential)
R (Residential)
  • Listing ID: 28472928

  • Date on Market: 2023-05-12

  • Last Updated:

  • Address: 318 N Florida Ave, Deland, FL 32720

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