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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!

Features
Central, Wall Units / Window Unit
Central Air, Wall/window Unit(s)
Refrigerator, Range
Garden
Carpet, Tile, Slate
Other
Electric Dryer Hookup
Shingle
Public Sewer
Public
Address Map
FL
Volusia
DAYTONA BEACH
32114
822 FOREST LANE
0
W82° 57' 33.5''
N29° 13' 19''
Use GPS; Enter the 2/1 from Forest Lane. Enter the 1/1 from Edwards.
FRST PARK
Additional Info
EXP REALTY LLC
Simon Diaz
Concrete
0
Slab
Multi/split
261219105
261016970
Cash, Conventional
2
No
$1,684
2023
Public
RES
01/22/2025 20:01:01
$0

822 FOREST LANE, DAYTONA BEACH, Florida 32114

822 FOREST LANE, DAYTONA BEACH, Florida 32114

1,216 Sqft
$219,900
Listing ID #O6274018
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : O6274018
Price : $219,900
Square Footage : 1,216 Sqft
Year Built : 1950
Lot Area : 7,813 Sqft
Standard Status : Active
Building Area : 1,318 Sqft
MLS Status : Active
Property Type : Duplex
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