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822 Forest Lane 1 & 2, Daytona Beach, FL – $138,900

  • 3 Beds
  • 2 Baths
  • .17 Acres
  • 320 DOM
  • 3 Beds
  • 2 Baths
  • .17 Acres
  • 320 DOM

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822 Forest Lane 1 & 2

REDUCED - Attention investors - approximately 14% ROI annually. This property is zoned for commercial use, but is currently being used as a residential income duplex. Front unit has 2 bedrooms, 1 bath, and a kitchen/living area. The back unit has 1 bedroom, 1 bath, large living area, and a kitchen. Both units are currently rented (both leases expire 09/30/19) for a combined gross monthly/annual income of $1,850.00/$22,200.00. Both units are in need of updating, BUT have a very strong rental history as they appear today. This property has two separate driveways for parking on the east side of the property along with a large parking area on the west side of the property which can be accessed via Edwards Street. In addition, if used as a commercial property, there are many business classifications that are compatible with the zoning requirements. There are several usage choices with this property: residential income, convert to commercial office space for commercial income, or used as a primary residence or commercial space.

Essential Information

  • MLS® #1038497
  • Price$138,900
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Acres0.17
  • Year Built1950
  • TypeResidential
  • StatusActive

Community Information

  • Address822 Forest Lane 1 & 2
  • AreaOut of Area
  • SubdivisionNone
  • CityDaytona Beach
  • CountyVolusia
  • StateFL
  • Zip Code32114

Amenities

  • UtilitiesOther, See Remarks
  • ParkingOther, See Remarks
  • WaterfrontNone

Interior

  • Interior FeaturesCable TV, Ceiling Fan(s)
  • HeatingElectric, Wall Furnace
  • # of Stories1
  • StoriesOne

Exterior

  • Exterior FeaturesFence, Rain Gutters
  • Lot Description63x117
  • RoofShingle
  • ConstructionBlock, Concrete

Listing Details

  • OfficeOcean Properties and Management
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