31
Map
2124 East Pkwy
About This Property
The property includes signed and sealed architectural and engineering plans for a beautifully designed 3-bedroom, 2-bathroom home with a 2-car garage, helping you save time and move one step closer to construction. The lot has been partially cleared, reducing site preparation while providing a great head start for your future build.
Situated in a desirable residential area, this property offers convenient access to Cypress Park (approximately 1.06 miles), Dr. Jackie Westfall (0.89 miles), nearby highways (1.97 miles), Technetics Group (1.8 miles), and the city of DeLand (4.78 miles). The lot is located in Flood Zone A, a high-risk area with a 1/100 annual chance of flooding (base flood elevation not determined). No wetlands are present near the site, allowing for full lot utilization without environmental buffers, permits, or mitigation requirements.
Zoned R-4A Multiple-Family Residential District by the City of DeLand, the property supports single-family detached homes permitted by-right, duplexes/two-family homes, townhomes/rowhomes, and multifamily apartments/condos (max density typically 12-16 units/acre depending on comprehensive plan). Modular homes are generally allowed if meeting building code.
The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Listed by Sunland Real Estate, LLC. | $39,999 | |
| Listed by Sunland Real Estate, LLC. | |||
| Dec 11, 2025 | Relisted | $44,999 | |
| Relisted | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Price Decreased |
$49,900
↓ $5K
(9.3%) | |
| Price Decreased | |||
| Nov 5, 2024 | Listed | $55,000 | |
| Listed | |||
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Check out this lot in Daytona Park Estates in Deland, FL. with no HOA. The lot sits high and dry and has been cleared and surveyed. The well/pump/tank already has a paid deposit. The trusses also have a deposit and will be ready to go once the balance is paid. The address application is done and has already been approved; the tree and boundary permits are also complete. The majority of the hard work has been completed for you. It just needs someone to come in and build the home. Seller is willing to hold financing with a sizable down payment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017