822 Forest Lane

Daytona Beach, FL 32114

$219,900
Price
3
Beds
2
Baths
1,216 Sq. Ft.
$181 / Sq. Ft.
1,216
Sq. Ft.
$181
per Sq. Ft.

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...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!
  1. Listed by Simon Diaz • EXP REALTY LLC

Property Details for 822 Forest Lane

Subdivision Name
FRST PARK
Township
15
Waterfront
No
LISTING UPDATED: 12/02/2024 10:30 AM

Property Details for 822 Forest Lane

StatusActive
MLS #O6259440
Days on Market31
Taxes$1,684 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / 1/2 Duplex
Year Built1950
Lot Size0.18 AC / 7,813 SF
CountyVolusia County

Building Information for 822 Forest Lane

Stories-Year Built1950Building Size-Lot Size0.18 AC / 7,813 SF

Property Information for 822 Forest Lane

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1318.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: Use GPS; Enter the 2/1 from Forest Lane. Enter the 1/1 from Edwards.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 822
  • Street Name: FOREST
  • Street Suffix: LANE
  • State: FL
  • City: DAYTONA BEACH
  • Between US 1 River YN: No
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 16
  • Tax Book Number: MB40-2
  • 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 Lot: 6
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 533860000060
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: RES
  • Living Area: 1216
Property and Assessments
  • Year Built Numeric: 1950
  • Flood Zone Code: X
  • Flood Zone Date: 09-29-2017
  • Flood Zone Panel: 12127C0356J
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 33
  • Public Survey Section: 38
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete
  • Exterior Features: Garden
  • Foundation Details: Slab
  • Levels: Multi/Split
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Appliances: Range, Refrigerator
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Tile
  • Heating: Central, Wall Units / Window Unit
  • Interior Features: Other
  • Laundry Features: Electric Dryer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 6.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Bathroom 1
Room 2
  • Room Level 2: First
  • Room Type 2: Bathroom 2
Room 3
  • Room Level 3: First
  • Room Type 3: Kitchen
Room 4
  • Room Level 4: First
  • Room Type 4: Primary Bedroom
Room 5
  • Room Level 5: First
  • Room Type 5: Bathroom 2
Room 6
  • Room Level 6: First
  • Room Type 6: Living Room
Rental
Rental Information
  • Currency Monthly Rent Amt: $1,250.00

Property History for 822 Forest Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 822 Forest Lane

Taxable ValueLand$21,483Additions$96,877Total$118,360
Tax Record2024$2,146 ($179 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,018 SqFtAbove Grade Finished SqFt1,018 SqFtStories1Lot Size7,812 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1982CountyVOLUSIAAPN5338-60-00-0060Fireplace TypeHas Fireplace

Schools near 822 Forest Lane

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Champion Elementary School
PublicPK to 5

Ormond Beach Middle School
Public6 to 8

Mainland High School
Public9 to 12

The Chiles Academy
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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822 Forest Lane is a single family home for sale in Daytona Beach, FL 32114. This property was listed for sale on November 21, 2024 by EXP REALTY LLC, it's currently listed at $219,900. It has been on the market for a total of 31 days and was last sold on October 6, 2023. This listing's school district is Volusia. Nearby schools include Champion Elementary School, Ormond Beach Middle School and Mainland High School. 822 Forest Lane is a 3-bed, 2-bath, 1,216 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY LLC, Simon Diaz

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/02/2024 10:30 AM