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Buy a houseat 822 FOREST LANE, DAYTONA BEACH, FL 32114

$264,900

$269,900 (-1.85%)

$0/mo

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Residential

1,216 Sq. Ft.

7,813 Sq. Ft. lot

3 Bedrooms

2 Bathrooms

28 Days on market

O6192140 MLS ID

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About 822 FOREST LANE house

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!
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!

Property details

Appliances

Range

Refrigerator

Construction materials

Concrete

Cooling

Central Air

Wall/Window Unit(s)

Exterior features

Garden

Flooring

Carpet

Slate

Tile

Foundation details

Slab

Heating

Central

Interior features

Other

Laundry features

Electric Dryer Hookup

Levels

Multi/Split

Road surface type

Asphalt

Roof

Shingle

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$1,717/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Oct 17, 2023

Price

$144,900

Date

Oct 1, 2019

Price

$112,900

Date

Feb 17, 2011

Price

$14,000

DatePrice
Oct 17, 2023$144,900
Oct 1, 2019$112,900
Feb 17, 2011$14,000

Schools

This home is within the Volusia.

Port Orange & Daytona Beach & Ormond Beach enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$249,006

+$7,947

$256,953

Seller agent commission$7,947 (3%)*

$0 (0%)

Buyer agent commission$7,947 (3%)*

$7,947 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 13, 2024 at 4:07 a.m.

Data updated: May 10, 2024 at 4:18 p.m.

Courtesy of EXP REALTY LLC.
This content last updated on 05/10/2024. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 08/08/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.

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