Homes for sale - 822 FOREST LN, Daytona Beach, FL 32114

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$219,900

Est. payment - /mo

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3 BD

2 BA

1,216 SqFt

Price Dropped by $5K

822 FOREST LN Daytona Beach, FL 32114

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Gustavo Pacheco

gustavo@livingpremises.com +1(305) 492-9705

UPDATED:

12/02/2024 07:32 PM

Key Details

Property Type Single Family Home

Sub Type Half Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $180

Subdivision Frst Park

MLS Listing ID O6259440

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1950

Annual Tax Amount $1,684

Lot Size 0.400 Acres

Acres 0.4

Property 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!

Location

State FL

County Volusia

Community Frst Park

Zoning RES

Interior

Interior Features Other

Heating Central, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Slate, Tile

Fireplace true

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Garden

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level Multi/Split

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by EXP REALTY LLC

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Gustavo Pacheco

Real Estate Specialist | License ID: 3187382

+1(305) 492-9705

822 FOREST LN Daytona Beach, FL 32114

Gustavo Pacheco

Key Details

Location

Interior

Exterior

Building

Others

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822 FOREST LN