822 FOREST LANE, DAYTONA BEACH FL 32114

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$219,900

822 FOREST LANE, DAYTONA BEACH, FL 32114

bedrooms

bathrooms

square feet

1,216

Acreage

0.4

Open Houses

year built

1950

Full Baths

Half Baths

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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!

Location
Subdivision	FRST PARK
County	Volusia
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: O6259440

Listing agent: Simon Diaz #3351928

Listing broker: Exp Realty Llc (888) 883-8509

Last update: Thursday, January 23 2025 at 5:48 p.m. EST

Kotohomes National