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🏢 Just listed — Residential Multifamily for sale in Orange City, FL.

📍 2025 E Graves Avenue, Orange City, FL
🏷  Residential Multifamily · For Sale
💰 $4.85M

Entitled Mixed-Use Development Land Volusia County

<ul><li>162-unit multi-family garden style development, with a 0.7-acre commercial pad (±10,000 sq ft building)</li><li>Entitled for 6 two-story apartment buildings on a 9.25-acre site </li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/florida/orange-city/approved-multifamily-commercial-development-2563311-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=approved-multifamily-commercial-development-2563311

#OrangeCity #Multifamily #CommercialRealEstate #CRE #Investment

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Home/FL/Orange City

2025 E Graves Avenue

Orange City, FL 32763-6303

Asking Price

$4.85M

Asset Type

Residential Multifamily

Class

Class B

What's Special

Entitled Mixed-Use Development Land Volusia County <ul><li>162-unit multi-family garden style development, with a 0.7-acre commercial pad (±10,000 sq ft building)</li><li>Entitled for 6 two-story apartment buildings on a 9.25-acre site </li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

1.65%

DSCR

0.28

Underwater

Cash-on-Cash

-14.29%

Monthly Payment

$24,004.554

Annual Cash Flow

$-208,054.647

Location & Travel Times

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