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Lake Marie Estates Multifamily Home for Sale

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    $310,300

    • 1,692 Sq Ft

    58 Magnolia Dr, Debary, FL 32713

    Short Sale. Welcome to this perfectly remodeled home which has been separated into 2 units with a potential income of approx. $2500 per month. Located in a quiet neighborhood, this property presents an excellent opportunity for investors or homeowners seeking extra rental income or multi-generational living (in-law suite). Unit 1 has 2 bedrooms with 1 bathroom with a separate utility room and

    Kavita Uttamchandani CENTURY 21 CARIOTI

    58 Magnolia Dr, Debary, FL 32713

Why Live in Lake Marie Estates

Lake Marie Estates in DeBary, Florida, is a neighborhood surrounding six small lakes, including Lake Marie, with approximately 650 homes primarily built in the mid-1960s. The area features stucco or brick ranch homes with hipped roofs, moderate-sized lots, and fenced-in backyards, some of which offer waterfront views. While the neighborhood has a minimal flood factor, homes near the lakes may have slightly higher flood risks. The community has an Active Sound Score of 75 out of 100. Children in Lake Marie Estates attend highly rated schools, including Debary Elementary. The neighborhood is well-connected, with a SunRail stop about 4 miles away and multiple Votran bus lines nearby. Major roads like United States Route 17-92 and Saxon Boulevard provide access to Interstate 4. Local amenities include a Winn-Dixie in DeBary Commons, Nonna Maria’s Pizzeria, and the Salted Goat restaurant. For recreation, Eagles Nest Park and Rob Sullivan Park offer playgrounds and sports fields, while the city’s designation as Florida’s 12th Trail Town provides access to over 600 miles of paved trails. Golf enthusiasts can enjoy nearby courses like DeBary Country Club and Glenn Abbey Golf Course. Cultural activities are available at the Gateway Center for the Arts, less than 2 miles away, which hosts classes and community events. The upcoming Main Street development, located about 4 miles south, will introduce a new downtown area with townhouses, retail spaces, and apartments, enhancing the neighborhood's appeal.

Home Trends in Lake Marie Estates, FL

Housing Trends

Median Sale Price
$290,400
Median Single Family Sale Price
$290,400
Median Townhouse Sale Price
$360,990
Average Price Per Sq Ft
$208
Number of Homes for Sale
9
Last 12 months Home Sales
40
Months of Supply
2.70
Median List Price
$310,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-7%
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