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822 Forest Lane

Daytona Beach, FL 32114
  • $219,900
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: O6274018
UPDATED: 24 min ago
$219,900
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,216
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

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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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T10:47:02.687.
www.suncoasthomeexperts.com/homes/159648439
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822 Forest Lane Daytona Beach, FL 32114

  • Price: $219,900
  • Status: Active
  • On Site: 14 Days
  • Updated: 24 min ago
  • MLS #: O6274018
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1,216
SQFT
$181
$/SQFT
1950
Built
Neighborhood:
Frst Park
County:
Volusia
Area:
Daytona Beach
Property 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!
Exterior Features

Carport Yn No Construction Materials Concrete Exterior Features Garden Foundation Details Slab Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances RangeRefrigerator Building Area Total 1318 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Yn Yes Flooring CarpetSlateTile Heating CentralWall Units / Window Unit Heating YN Yes Interior Features Other Laundry Features Electric Dryer Hookup Levels Multi/Split Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 24000 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 6 Months New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1684 Total Annual Fees 0 Total Monthly Fees 0 Utilities Public Zoning RES


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of EXP REALTY LLC: 407-392-1800.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T10:47:02.687.
 
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