822 Forest Lane
Daytona Beach, FL 32114

Description

ATTENTION INVESTORS - 14% ROI (approx). 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.

Details

MLS#1055598
Sub-TypeResale
StatusActive
Year1950
Days On Site23

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:
$139,900
low | high
Med:
$130,500
56.719085060758% of Average
SqFt:
1,287
low | high
Med:
770
90.17094017094% of Average
$ / SqFt:
$109
low | high
Med:
$43
100% of Average
On Site:
23
low | high
Med:
486.5
4.727646454265% of Average
Listing Updated: 04/18/2019
MLS Number: 1055598
Listing Provided By:
Jim Myers  of  Ocean Properties and Mgmt. Inc.