David Ramirez
Hotel/Motel

Commercial Sale · Hotel/Motel

$649,0003,070 sq ft$211 /sq ft0.66 acres6 units8.8% cap

4851 US HIGHWAY 17 HIGHWAY, DE LEON SPRINGS, FL, 32130

Active66 days on marketListed Jun 3, 2026MLS #V4949428

About this property

The property at a glance

Exceptional investment and owner-user opportunity located on highly visible US Highway 17 in De Leon Springs, Florida. This income-producing commercial property consists of approximately 2,460 square feet of building area plus a 610-square-foot canopy situated on approximately 0.66 acres with excellent highway frontage and exposure. Currently configured as six dwelling/lodging units and fully leased to a well-established nonprofit organization, the property generates $72,000 in annual gross income. The flexible layout and zoning create multiple potential future uses, including motel operations, workforce housing, transitional housing, lodging, or other commercial applications, subject to applicable approvals. The property benefits from direct access to US Highway 17 and is strategically located between DeLand and De Leon Springs, providing convenient access throughout Volusia County. Municipal sewer service has already been extended to the property, creating a clear path for future utility modernization and long-term operational improvements. Investors will appreciate the existing income stream and value-add potential, while owner-users will recognize the property’s visibility, accessibility, and redevelopment opportunities. Whether continuing its current use or repositioning the asset for future hospitality or housing operations, this property offers a unique combination of cash flow, flexibility, and long-term upside. The property is currently fully occupied and operated by a nonprofit organization serving individuals and families in need of housing assistance. Ownership is committed to minimizing disruption to the residents and ongoing operations. Please do not disturb occupants or staff. All showings are by appointment only and must be coordinated through the listing agent. Qualified buyers may be afforded private showings with reasonable advance notice. All information contained herein has been obtained from sources believed to be reliable and has been diligently investigated; however, no warranty or representation is made as to its accuracy or completeness. Buyers and their representatives are encouraged to independently verify all information, measurements, zoning, permitted uses, income, expenses, utility availability, and other matters material to their purchase decision. Offered at $649,000.

3,070

Building sq ft

$211

Price / sq ft

0.66

Lot acres

1958

Year built

6

Units

2

Buildings

01B4

Zoning

Hotel/Motel

Property type

Building size3,070 sq ft
Lot size0.66 acres
Year built1958
Units6
Buildings2
Zoning01B4
ParkingLighted
ConstructionBlock · Stucco · Wood Frame
CoolingMini-Split Unit(s) · Wall/Window Unit(s)
HeatingWall Units / Window Unit
UtilitiesSewer Nearby · Water Nearby
Annual taxes$4,049

The numbers

Investment snapshot

8.8%

Cap rate

$57,123

Net operating income

$72,000

Gross income (yr)

$108,167

Price / unit

6

Units

Estimated payment (illustrative)

Down payment25% · $162,250
Interest rate6.00%
Loan term

Estimated payment

$3,416/mo

Principal & interest$2,918
Property taxes (actual bill)$337
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

21,000vehicles / day · 2025Spring Garden Ave · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Karlings Inn/Twin Brother BakeryRestaurant0.4 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

984

Population

$53,430

Median income

40

Median age

3

Avg household

$257,994

Median home value

$519/mo

Median rent

95%

Households w/ kids

Consumer profile

Dog LoversTop 17%

Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.

Happy PlaceTop 19%

Expressing feelings of safety, comfort and happiness - especially with loved ones.

Trendy EatsTop 19%

Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.

Animal AdvocatesTop 21%

Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.

Farm CultureTop 25%

Do you know where your food comes from? These people do, and they want to share their love for farming and simple living with the community.

Asian Food & CultureTop 31%

Asian culture has a lot to offer, but the Asian cuisine tends to be the most frequently referenced. This population is talking about Asian dishes, holidays, and drinks.

Recent sales

What actually sold near 4851 US HIGHWAY 17 HIGHWAY

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

4930 and 4950 US HIGHWAY 17

$535,000

4930 and 4950 US HIGHWAY 17

2,536 sqft · $211/sqft · Sold Oct 28, 2025

2930 BRANDYWINE ROAD

$700,000

2930 BRANDYWINE ROAD

3,036 sqft · $231/sqft · Sold Mar 30, 2026

2620 N WOODLAND BOULEVARD

$500,000

2620 N WOODLAND BOULEVARD

3,102 sqft · $161/sqft · Sold Nov 22, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 4851 US HIGHWAY 17 HIGHWAY — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 4851 US HIGHWAY 17 HIGHWAY.

See it in person

Schedule a tour

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Listing courtesy of GREENE REALTY OF FLORIDA LLC · Geoffrey Felton. MLS #V4949428.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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