tomo logo

$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

StellarMLS #O6259440

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

StellarMLS #O6192140

Removed
$264,900
05/10/2024
StellarMLS

StellarMLS #O6192140

Price change
$264,900
-1.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Similar Homes Nearby

StellarMLS
$189,000
3 bd
|
2 ba
|
1,067 sq ft
|
Manufactured

1367 Vine St Unit 86, Daytona Beach, FL 32117

Daytona
$189,000
3 bd
|
2 ba
|
1,283 sq ft
|
Manufactured

1367 Vine St, Daytona Beach, FL 32117

SEF
$220,000
3 bd
|
2 ba
|
1,448 sq ft
|
House

317 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

StellarMLS logo