Listing Courtesy of: Simon Diaz - EXP REALTY LLC 407-392-1800
$219,900 affordable loan icon Calculate Payment

822 Forest Lane Daytona Beach, FL 32114

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Other Residence
3 Beds
2 Baths
1,216 Sq. Ft.
0.4 Acre Lot
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Last updated on 1/2/2025 2:53 PM

Listing Details

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 livin...g 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! Continue reading
MLS#
O6259440
Property Type
Other
Bedrooms
3
Bathrooms
2 Full
Year Built
1950
Square Feet
1,216 sq. ft
Lot Size
0.4
Sewer
Public Sewer
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Listing Courtesy of: Simon Diaz - EXP REALTY LLC 407-392-1800
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067


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