$225,000 for Sale
822 forest lane , daytona beach, FL 32114
| Beds 3 | Baths 2 | 1,216 Sqft | 0.40 Acres |
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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!
General Information
Sale Price: $225,000
Price/SqFt: $185
Status: Active
MLS#: O6259440
City: daytona beach
Post Office: daytona beach
County: Volusia
Subdivision: frst park
Acres: 0.4
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,216 sq.ft.
Acreage: 0.4 est.
Year Built: 1950
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Concrete
Exterior Misc: Garden
Fireplaces: Yes
Basement: No
Foundation : Slab
Appliances: Range, Refrigerator
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,684
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
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Simon Diaz of EXP REALTY LLC, Phone: 407-392-1800
