822 Forest Lane

    Daytona Beach, FL 32114
    • $112,900
    • STATUS: Closed
    • ON SITE: 201 days
    • MLS #: 1055598
    Sold - 09/27/2019
    $112,900
    SOLD - 09/27/2019
    • 3
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,287
      SQFT
    • $88
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    ATTENTION INVESTORS! This property is zoned for commercial use, but is currently approved to be 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 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.In addition, if used as a commercial property, there are many business classifications that are compatible with the zoning requirements. There are several usage choices with this property: residential income, convert to commercial office space for commercial income, or used as a primary residence or commercial space.

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    © 2019 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate. Data last updated: 2019-10-15T14:25:39.393.
    www.cookgroupdaytona.com/homes/93099290

    822 Forest Lane Daytona Beach, FL 32114

    • Price: $138,900
    • Status: Closed
    • Updated: 7 min ago
    • MLS #: 1055598
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,287
    SQFT
    $88
    $/SQFT
    1950
    Built
    Neighborhood:
    Kingston
    County:
    Volusia
    Area:
    Daytona ISB to Mason, E of 95
    Property Description
    ATTENTION INVESTORS! This property is zoned for commercial use, but is currently approved to be 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 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.In addition, if used as a commercial property, there are many business classifications that are compatible with the zoning requirements. There are several usage choices with this property: residential income, convert to commercial office space for commercial income, or used as a primary residence or commercial space.
    Exterior Features

    Building Type Apartment Building Construction Concrete BlockStucco Cover Parking Off StreetParking Lot Parking Spaces 6 Road Frontage 63 Roof Composition Shingle

    Interior Features

    Air Conditioning Wall/Window Units Heating Electric Sq Ft Total 1287.00

    Property Features

    Annual NOI 16850.00 As Is Condition Yes Depth 117 Electric Meters 1 Financial Package No Franchise Opt In Yes Gross Monthly Rent 1850.00 Homestead Exempt No Maint Fee 0.00 Maint Fee Paid N/A New Builder Home No Sewer Public Sewer Special Contingency No Sq Ft Source Measured Style Duplex Tax Year 2018 Taxes 396.00 Tenant Pays ElectricWater Total Annual Rent 22200.00 Water City Water Meters 1 Zoning Multi-Family Zoning Text R-1

    Listing courtesy of Jim Myers of Ocean Properties And Mgmt., Inc..


    © 2019 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate. Data last updated: 2019-10-15T14:25:39.393.
     
    Cook Group Luxury Real Estate
    3340 S. Atlantic Avenue
    Daytona Beach Shores FL, 32118