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822 Forest Lane

Daytona Beach, FL 32114

3 beds
2 baths
1,216 sqft
7,813 sqft lot
$185 per sqft
1950 build
– on site

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!

Listing courtesy of STELLAR_MLS / EXP REALTY LLC

Last checked: Checking… • Last updated Nov 21, 2024 •

MLS# O6259440 —

The Building

Year Built:

1950
New Construction:

false
Construction Materials:

Concrete
Levels:

Multi/Split
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

1318
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Flooring:

Carpet
Fireplace:

true

Room Dimensions

Living Area:

1216
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Use GPS; Enter the 2/1 from Forest Lane. Enter the 1/1 from Edwards.
Latitude:

29.221952
Longitude:

-81.040702
Coordinates:

-81.040702, 29.221952

The Property

Parcel Number:

533860000060
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.4
Lot Size Area:

7813
Lot Size SqFt:

7813
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RES
Direction Faces:

East
View:

false
Exterior Features:

Garden
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12127C0356J
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

6
Tax Block:

16
Tax Legal Description:

LOT 6 FOREST PARK BLK 16 KINGSTON MB 19 PG 17 PER OR 5143 PG 0174 PER OR 6529 PG 3888 PER OR 6565 PG 2319 PER OR 7754 PG 1062 PER OR 7754 PG 3594 PER OR 8371 PG 3105
Tax Book Number:

MB40-2
Tax Annual Amount:

1684

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Range
Laundry Features:

Electric Dryer Hookup

The Community

Subdivision Name:

FRST PARK
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$225,000

Expense	Monthly cost
Mortgage	$1,204
Taxes	$140
Insurance	$61
Utilities	$146 See report
Total	$1,551/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
11/21/24 Nov 21, 2024	Listed / Active	STELLAR_MLS	$225,000	73.1% (64.7% / YR)
5/10/24 May 10, 2024	Price Changed	STELLAR_MLS
5/2/24 May 2, 2024	Price Changed	STELLAR_MLS

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This house located in Neighborhood G, Daytona Beach, FL 32114 is currently for sale for $225,000. 822 Forest Lane is a 1,216 square foot house with 3 beds and 2 baths that has been on Estately for 0 days. 822 Forest Lane is in the Neighborhood G neighborhood of Daytona Beach. This house is in the attendance area of Mainland High School, Ormond Beach Middle School, and Champion Elementary School.

Listing Courtesy of: STELLAR_MLS and EXP REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.