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About this home
1618 Magnolia Ave is a 1960-built home in Deland Highlands Add 07, Deland. Inside you'll find 4 bedrooms, 2 bathrooms, and 2,016 square feet of living space. Listed at $359,000 (about $178/sqft), 14 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. Excellent investment opportunity in a convenient DeLand location! This duplex includes both units and offers easy access to Downtown DeLand’s Historic Garden District, Stetson University, AdventHealth DeLand, De Leon Springs State Park, DeLand Municipal Airport, US 92, I-4, Embry-Riddle Aeronautical University, Daytona Beach, and New Smyrna Beach. Property features include a septic system installed in 2021, a 2016 roof, appliances updated in 2020 and 2022, a water softener installed in 2022, two carports, a large utility shed, a spacious fenced yard. One unit is tenant-occupied through October 1, 2026, while the other is vacant, offering immediate flexibility for an owner-occupant or investor.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$359,000
$178 per sq ft
Beds and baths
4 beds, 2 baths
Size
2,016 sq ft
Time on market
14 days
Year built
1960
Monthly payment
About $2,500/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,381 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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