$219,900
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,216
822 Forest Ln, Daytona Beach, FL 32114
822 Forest Ln
DAYTONA BEACH, FL 32114
- 103 days on market
- Price drop $5,100↓
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!
Details
Property type
Lot size
7,813 sq ft
Price per sq ft
$181
Year built
1950
Annual property taxes
$1,684
HOA
No
Price History
11/21/2024

StellarMLS #O6259440
Listed
$219,900
-16.99%
07/01/2024

StellarMLS #O6192140
Removed
$264,900
05/10/2024

StellarMLS #O6192140
Price change
$264,900
-1.85%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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House317 Parkway St, Daytona Beach, FL 32114
Status: Active
Tomo last checked: 03/03/2025 at 11:45 PM
Listing updated: 01/23/2025 at 1:24 PM
Listed by: Simon Diaz, EXP REALTY LLC Phone #: (407) 392-1800
MLS: StellarMLS #O6259440

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