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360 S LAKEVIEW DRIVE, Lake Helen, FL, 32744

4beds
6baths
3,684sqft
$1,250,000
$339price/sqft
$7,953/moest. monthly cost
$318,120/yrincome needed

About This Home

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)

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

6/10
4/10
Deland Middle SchoolGrades 6-84.3 mi
6/10
Deland High SchoolGrades PK,9-125.3 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Block,Concrete

Type & Style

  • Home type: Condo
  • Property subType: Hotel/Motel,Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Chair Rail
  • Window features: Skylight(s)
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,560
  • Total interior livable area: 3,684 sqft

Kitchen

  • Features: No Closet
  • Level: First
  • Area: 169
  • Dimensions: 13x13

Living Room

  • Features: No Closet
  • Level: First

Other

  • Features: No Closet
  • Level: First

Other

  • Features: No Closet
  • Level: First

Primary Bedroom

  • Features: No Closet
  • Level: First

Property

Details

  • Parcel number: 2557532
  • Zoning: BUSINESS
  • Special condition: None

Features

  • Levels: Multi/Split
  • Exterior features: Awning(s)
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 0.27 Acres
  • Features: City Lot

Parking

  • Total spaces: 1
  • Parking features: Off Street,Open
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Hurricane
Tornado
Inland Flooding
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Volusia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance *$451$5,412
Property Taxes $812$9,744
Electricity $370$4,448
Total$7,953$95,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$272,674/yr
40% on housing$238,590/yr
45% on housing$212,080/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$339This listing

vs Other Active Listings

Avg $/sqft

ZIP 32744$231
Volusia County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 32744$252
Volusia County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-21Listed for sale$1,250,000

For Sale by Agent

Agent"Ron" Hadd
BrokerageNEXTHOME REALTY PROS

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