DeLand, Florida Home Listed for $150,000 Offers Renovation Potential and a Spacious Primary Suite

A single-family home in DeLand, Florida, is on the market for $150,000, offering an opportunity for buyers willing to take on a renovation project. Located at 311 S Thompson Avenue, this one-story residence features three bedrooms, two full bathrooms, and approximately 1,474 square feet of living space.

Built in 1983, the home sits on a lot of approximately 7,550 square feet. The property is being marketed as a short sale, and its listing highlights the potential to update the existing interior and personalize the home to suit a new owner’s needs.

Three Bedrooms and Two Full Bathrooms

The home has a functional single-story layout, with three bedrooms and two full bathrooms. One of its standout features is the spacious primary bedroom, which measures approximately 221 square feet and includes dual closets and a private en-suite bathroom.

The other two bedrooms provide additional space for family members, guests, or a home office. A second bathroom includes a bathtub and a linen closet, offering practical storage and convenience.

The living room measures approximately 306 square feet and features laminate flooring. The bedrooms have carpeting, while the overall interior offers an opportunity for further updates.

A Kitchen Ready for Personalization

The kitchen provides an opportunity for buyers to choose their preferred finishes, cabinetry details, and appliances. No kitchen appliances are included with the sale, so buyers should factor those purchases into their renovation budget.

An interior laundry area adds everyday functionality, and the home has central heating and air conditioning. The listing also notes that the water heater was installed in April 2026, a useful detail for prospective buyers evaluating the property’s systems.

Outdoor Space and Additional Storage

The property occupies a lot of approximately 7,550 square feet, offering outdoor space for gardening, relaxing, or other improvements subject to local regulations. The listing identifies a backyard storage shed that will convey with the property.

A deck, patio, porch, and screened outdoor area are also listed among the home’s features. The property has a wood-frame exterior, a shingle roof, and a crawlspace foundation.

Buyers should be aware that the sliding glass doors are currently inoperable and that the home needs updating. A thorough inspection can help establish the scope of repairs and improvements before an offer is made.

Understanding the Short Sale

The property is listed as a short sale, meaning the transaction may be subject to approval by the lender. This can affect the timeline and terms of a purchase, so interested buyers should speak with the listing agent about the approval process and any requirements for submitting an offer.

At $150,000, the home may interest buyers looking for a renovation project in Central Florida. However, the purchase price should be considered alongside repair costs, insurance, taxes, and any other expenses associated with bringing the property to the buyer’s preferred condition.

Property Details

  • Asking Price: $150,000
  • Address: 311 S Thompson Avenue, DeLand, Florida 32720
  • Bedrooms: 3
  • Bathrooms: 2 full bathrooms
  • Living Area: Approximately 1,474 square feet
  • Lot Size: Approximately 7,550 square feet
  • Year Built: 1983
  • Property Type: Single-family home
  • Stories: One
  • Primary Suite: Private bathroom and dual closets
  • Heating and Cooling: Central heating and central air conditioning
  • Laundry: Interior laundry area
  • Outdoor Features: Deck, patio, porch, and screened area
  • Additional Storage: Backyard shed included
  • Utilities: Public water and public sewer
  • Sale Type: Short sale; lender approval may be required

For buyers who see potential in an older home and are prepared to invest in updates, this DeLand property offers a three-bedroom layout, a spacious primary suite, and outdoor space. Prospective buyers should verify the listing status, confirm short-sale terms, and obtain professional inspections before proceeding.

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Listed on Zillow

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