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822 FOREST LANE

House For Sale
$225,000

BTC: 2.26244344

ETH: 65.78947368

New
3 bds
2 ba
1,216 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Florida • DAYTONA BEACH • 32114 • House • For Sale

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1950
Lot:
0.40 Acres
Heating:
Central / Wall Units / Window Unit
Price/sqft:
$185
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Carpet

    • Slate

    • Tile

    Heating

    • Central

    • Wall Units / Window Unit

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: Multi/Split

    • Exterior Features: Garden

    Lot

    • Lot: 0.40 Acres

    Other Property Information

    • Parcel Number: 533860000060

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $1,684

  • Source details

    • MLS ID: O6259440

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup

    • Direction Faces: East

    • Fireplace: Yes

    • Living Area: 1216

    • Water Source: Public

    • Subdivision Name: FRST PARK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC