Price Reduced 3.26%

$269,900 ($221.96 per sqft)

Est. Mortgage $1,455/mo *

Quick Pre-Approval

Price History

$279,000
4/1/2024

$274,900
4/22/2024

$269,900
5/2/2024


822 Forest LANE, Daytona Beach, FL, 32114

822 Forest LANE, Daytona Beach, FL, 32114

6 rooms

3 beds

2 Full baths

1950

1,216 sqft

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!


Status:

Active

Type:

Single-family residential

Laundry Remarks:

Electric Dryer Hookup

Subdivision:

FRST PARK

Heating:

Central, Wall Units / Window Unit

Cooling:

Central Air, Wall/Window Unit(s)

Acreage:

0.4

Est. Taxes:

$1,684

Construction

Concrete

Utilities

Public

Days on Market:

18

Appliances:

Range, Refrigerator

Min Lease Term:

6 Months

MLS #:

O6192140


Community Info

School Info

Walk Score

Yelp



Listing courtesy of EXP REALTY LLC Phone: 407-392-1800