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822 Forest Lane, DAYTONA BEACH, FL 32114
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822 Forest Lane
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Priced at Only: $225,000
For more Information Call: (352) 279-4408
Address: 822 Forest Lane, DAYTONA BEACH, FL 32114
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  • MLS#: O6259440 ( Residential )
  • Street Address: 822 Forest Lane
  • Viewed: 2
  • Price: $225,000
  • Price sqft: $171
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 1318
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 5
  • Additional Information
  • Geolocation: 29.222 / -81.0407
  • County: VOLUSIA
  • City: DAYTONA BEACH
  • Zipcode: 32114
  • Subdivision: Frst Park
  • Provided by: EXP REALTY LLC
  • Contact: Simon Diaz
  • 407-392-1800
  • DMCA Notice
  • Description
    This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Garden
  • Flooring: Carpet, Slate, Tile
  • Living Area: 1216.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Range, Refrigerator
  • Country: US
  • Interior Features: Other
  • Legal Description: LOT 6 FOREST PARK BLK 16 KINGSTON MB 19 PG 17 PER OR 5143 PG 0174 PER OR 6529 PG 3888 PER OR 6565 PG 2319 PER OR 7754 PG 1062 PER OR 7754 PG 3594 PER OR 8371 PG 3105
  • Levels: Multi/Split
  • Area Major: 32114 - Daytona Beach
  • Occupant Type: Tenant
  • Parcel Number: 533860000060
  • Zoning Code: RES
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