Price Reduction
Address
822 Forest LANE, DAYTONA BEACH, FL
Price
$ 269,900
Property Attributes
  • MLS#O6192140
  • TypeSingle Family
  • CountyVOLUSIA
  • CityDAYTONA BEACH
  • AreaDaytona Beach
  • NeighborhoodFrst Park
  • Zip32114
  • StyleSingle Family Residence
  • Year Built1950
  • Taxes$ 1684
  • Price$ 269,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1216
  • Lot Size0.4 Acres
Data Source:
Stellar MLS
Property Description

This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms, 1 bath, and a kitchen/living area, while the back unit offers 1 bedroom, 1 bath, a large living area, and a kitchen. Both units are currently rented, providing a combined gross monthly/annual income of $2,000.00/$24,000.00. Both units have undergone recent renovations, including HVAC, roof, floors, water heater, walls, doors, and fixtures. The property boasts two separate driveways for parking on the east side, along with a large parking area on the west side accessible via Edwards Street. Furthermore, the property's commercial zoning offers numerous business classification opportunities, making it versatile for various uses such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial space. Don't miss out on this lucrative investment opportunity!

Price History
4/2/2024 Listed $279,000
4/22/2024 2% - $274,900
5/2/2024 2% - $269,900

General Features

Interior Features Other
Sewer Public Sewer
Heating Central,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Utilities Public
Roof Shingle
Appliances Range,Refrigerator
Exterior Features Garden
Zoning RES
Construction Materials Concrete
Year Built 1950
Levels Multi/Split
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name FRST PARK
Facing Direction East
Garage Y/N No
Total Rooms 6
Status Active
Directions Use GPS; Enter the 2/1 from Forest Lane. Enter the 1/1 from Edwards.
City DAYTONA BEACH
Buyer Agent Compensation 2.5%
Senior Community Y/N No
MLS Area 32114 - Daytona Beach
Lot Size Square Feet 7813
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Forest
Listing Terms Cash,Conventional
Tax Annual Amount 1684
Public Remarks This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms,1 bat
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6192140
Days on Market 18
Standard Status Active
Tax Lot 6
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
Minimum Lease 6 Months

Interior Features

Flooring Carpet,Slate,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 2
Street Suffix LANE
Laundry Features Electric Dryer Hookup
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 7813
Foundation Details Slab
Building Area Total 1318
Lot Size Acres 0.4
Road Surface Type Asphalt
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32114

Price
AVG $310K
$270K
Taxes
AVG $2,136
$1,684
Visits
AVG 381
117
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1950

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