$225,000
For Sale

822 FOREST LANE

Daytona Beach, FL 32114
1318 sqft | 3 beds | 2 baths | 0.40 acres | #O6259440
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Interior Details
      • InteriorOther
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior MaterialsGarden
    • Measurements
      • Square Feet1318
      • Acres0.4
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
      • Utility FeaturesPublic
  • Community and Neighborhood Details
      • SubdivisionFRST PARK
    • Location
      • CountyVolusia
  • Financial Details
      • Original List Price$225,000
      • Taxes Annual$1,684
      • Days on Market (Cumulative)1
  • Other
      • MLS #O6259440

Location

Renaissance Realty MainReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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