Nicolette Lowe - Coldwell Banker Coast
822 Forest Lane
Daytona Beach, FL 32114

Description

Attention investors! This property is zoned for commercial use, but is currently being used (grandfathered) 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 with leases (12 months remaining on front unit and 11 months remaining on back unit) 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.

Details

MLS#1048526
Sub-TypeResale
StatusActive
Year1950
Days On Site49

Features

SQ Feet1,287
Units2
Building(s)1

Market Activity 32114

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32114
Area34 - Daytona ISB to Mason, E of 95
Listing VS Median (in 32114)
Price:
$149,900
low | high
Med:
$128,950
63.975983989326% of Average
SqFt:
1,287
low | high
Med:
1,297
49.222999222999% of Average
$ / SqFt:
$116
low | high
Med:
$100
64.350928967429% of Average
On Site:
49
low | high
Med:
67
73.134328358209% of Average
Listing Updated: 11/14/2018
MLS Number: 1048526
Listing Provided By:
Jim Myers  of  Ocean Properties and Mgmt. Inc.