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822 Forest Lane,  Daytona Beach FL, 32114

(Active)
$264,900
|
3 beds, 2 Full baths, 1,216 sqft
|
MLS# O6192140
Last Updated: 5/16/2024 10:56 PM
Description for 822 Forest Lane Daytona Beach, FL 32114
This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms, 1 bath, and a kitchen/living area, while the back unit offers 1 bedroom, 1 bath, a large living area, and a kitchen. Both units are currently rented, providing a combined gross monthly/annual income of $2,000.00/$24,000.00. Both units have undergone recent renovations, including HVAC, roof, floors, water heater, walls, doors, and fixtures. The property boasts two separate driveways for parking on the east side, along with a large parking area on the west side accessible via Edwards Street. Furthermore, the property's commercial zoning offers numerous business classification opportunities, making it versatile for various uses such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial space. Don't miss out on this lucrative investment opportunity!
Price
$264,900
FRST PARK
Volusia
3
2 Full
1,216 (approx)
O6192140
Active
Description
This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms, 1 bath, and a kitchen/living area, while the back unit offers 1 bedroom, 1 bath, a large living area, and a kitchen. Both units are currently rented, providing a combined gross monthly/annual income of $2,000.00/$24,000.00. Both units have undergone recent renovations, including HVAC, roof, floors, water heater, walls, doors, and fixtures. The property boasts two separate driveways for parking on the east side, along with a large parking area on the west side accessible via Edwards Street. Furthermore, the property's commercial zoning offers numerous business classification opportunities, making it versatile for various uses such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial space. Don't miss out on this lucrative investment opportunity!
Listing Information
Property Type: Single Family, 3+ Story
3 2 Full
6 0.4 Acres 1,216 (approx)
1950 Other
15//
FRST PARK
Slab
Public
Public Sewer
Neighborhood
Room Information
Bathrooms
2
Electric Dryer Hookup
Interior Features
Range, Refrigerator
Tile, Slate, Carpet
Central Air, Window/Wall Unit
Other, Central
Other
Exterior / Lot Features
Other
Shingle
RES
Garden
Driving Directions
Use GPS; Enter the 2/1 from Forest Lane. Enter the 1/1 from Edwards.
Financial Considerations
533860000060
$1,684
Cash, Conventional
Listing Price History

Daytona Beach Real Estate

Daytona Beach is located in Florida. Daytona Beach, Florida 32114 has a population of 69,353.

The median household income in Daytona Beach, Florida 32114 is $30,780. The median household income for the surrounding county is $52,138 compared to the national median of $66,222. The median age of people living in Daytona Beach 32114 is 46 years.

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Courtesy: EXP REALTY LLC, 407-476-4127


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 consumer 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. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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