FL
Volusia
DAYTONA BEACH
32114
822 FOREST LANE
822 FOREST LANE, DAYTONA BEACH, FL 32114
Listing Type
single family
Listing Status
active
30
$219,900

Home Details for 822 FOREST LANE

Price
$219,900
Type
Residential
Bedrooms
3
Bathrooms
2.0
Square feet
1216
Year built
1950
Lot size acres
0.4
County
Volusia
Garage
Days on site
14
MLS Listing#
O6259440
Listing courtesy: EXP REALTY LLC - 407-392-1800
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!

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Property Features
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Central
    • Wall Units / Window Unit
  • Water Features
    • Public
  • House Interior
    • Other
  • Utilities
    • Public
Listings courtesy of Stellar MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
Last Updated: 2024-12-02 12:20:17
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT REAL ESTATE PROPERTY SOLUTIONS
3132 S Ridgewood Ave, South Daytona, FL 32119
Office
386 763 3008
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