About 360 South Lakeview Drive
Prime Mixed-Use Investment Opportunity in the Heart of Lake Helen! Exceptional income-producing property situated on approximately one acre across three parcels. This unique investment features 2 commercial units and 4 residential rental units, all currently occupied, providing immediate cash flow with an average monthly income of approximately $6,500. Recent improvements include a new metal roof and fresh exterior paint, helping minimize maintenance costs. The property offers excellent visibility and is conveniently located near Lake Helen's downtown district, park, and horse arena, making it an attractive location for both commercial and residential tenants. This versatile mixed-use property presents an outstanding opportunity for investors seeking a fully leased asset with established income and long-term appreciation potential in one of Central Florida's most desirable small-town communities. Owner financing may be considered with an acceptable down payment and approved terms. Property Features: • Mixed-Use Commercial/Residential • Approximately 1 acre (3 parcels) • 2 Commercial Units • 4 Residential Rental Units • Fully Occupied • Average Monthly Income: Approximately $6,500 • New Metal Roof • Fresh Exterior Paint • 4 Bedrooms • 6 Bathrooms (4 Full, 2 Half) Will consider owner financing
Features of 360 South Lakeview Drive
| MLS® # | V4950314 |
|---|---|
| Price | $1,150,000 |
| Bedrooms | 4 |
| Bathrooms | 6.00 |
| Full Baths | 4 |
| Half Baths | 2 |
| Square Feet - Living | 3,684 |
| Square Feet - Total | 4,560 |
| Acres | 0.27 |
| Year Built | 1988 |
| Type | Residential |
| Sub-Type | Condotel |
| Status | Active |
Community Information
| Address | 360 South Lakeview Drive |
|---|---|
| Area | Lake Helen |
| Subdivision | LAKE HELEN BLK 16 |
| City | LAKE HELEN |
| County | Volusia |
| State | FL |
| Zip Code | 32744 |
Amenities
| Parking | Off Street, Open |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Chair Rail, Skylight(s) |
|---|---|
| Appliances | Electric Water Heater |
| Heating | Central, Electric |
| Cooling | Central Air, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Awning(s) |
|---|---|
| Lot Description | City Lot |
| Roof | Metal |
| Foundation | Slab |
School Information
| Elementary | Volusia Pines Elem |
|---|---|
| Middle | Deland Middle |
| High | Deland High |
Additional Information
| Zoning | BUSINESS |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |