Offered for sale is the Pelham Square Apartments, a 312 unit multifamily development site in Deland, FL. This 26 acre apartment site is part of The Villages At Pelham Square master-planned community, a 600+ du project which will include single family residential, townhomes, apartments and 13 acre of commercial development. The single family and townhomes are already committed to a national homebuilder. The Pelham Square Apartments site will be delivered with full engineering/approvals, cleared, filled, all utilities stubbed to the property and the storm water system complete so you can start your project fast. You could be going vertical before the end of this year! The site plan shows 312 units across 11 three-story buildings (four-story is allowed) plus a clubhouse. We can even accommodate your building footprint if you move quickly. The Villages At Pelham Square is located along S Grand Ave, just south of the new roundabout at SR 44 (W New York Ave). The site is walkable to the Deland train station which is being redeveloped into the northern terminus for Sun Rail, a Central Florida commuter rail line that goes thru Orlando. It is less than 3 miles from historic downtown Deland, an award-winning 'main street' district that includes Stetson University, Volusia County Courthouse/Gov't and renowned shopping/dining/entertainment options. Deland is experiencing tremendous residential and commercial growth, however new rental options remain limited.
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