822 Forest Lane, Daytona Beach, FL 32114

$130,000
3
BD
2
BA
1,216
SqFt

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Sold Price
$130,000
List Price
$169,999
Status
Sold
Days on Market
28
Closing Date
Oct 06, 2023
MLS#
T3466625
Property Style
Single Family
Year Built
1950
Bedrooms
3
Bathrooms
2
Living Area
1,216
Lot Size
7,812
Acres
0.18
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Frst Park
MLS Area Major
Daytona Beach

Property Description

Welcome to an exceptional opportunity nestled in the heart of Daytona Beach. This property presents an array of possibilities, catering to both single-family residence seeker who are looking for an in-law suite and astute investors in pursuit of a duplex income producing property with a roof that is only 3 years old just 2 miles from the beach! For those with an investment mindset, this property's potential is truly captivating. The estimated rental income speaks volumes: the 2-bedroom, 1-bathroom unit has the potential to yield $1500 per month, while the 1-bedroom, 1-bathroom unit offers an estimated $1000 per month – truly a cash cow. Dually accessible, the 2/1 unit can be entered via the welcoming entry at 822 Forest, while the 1/1 unit is entered from Edwards. Notably, the property's mixed commercial zoning elevates its investment prospects, affording a broad spectrum of possibilities for those inclined towards innovative real estate ventures. Stepping into the 2/1 unit, one is immediately struck by the seamlessly integrated open-concept layout, enriched by recent flooring renovations. Generously sized rooms provide an abundance of space, and a updated bathroom. On the 1/1 side, a spacious living area complete with an inviting fireplace that exudes warmth. The large master bedroom is a testament to comfort and sophistication, while the rear patio offers a retreat for relaxation and social gatherings. The property's large backyard offers potential for a range of enhancements, not least of which is the possibility of a pool installation. The canvas is ready and waiting for your creative vision. Hurry now to see this home, as opportunities of this nature are sure to go FAST. Contact us today to seize this opportunity for a promising investment or a new chapter in refined living. Your future beckons – make your move today.

Additional Information

Taxes
$1525
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
Split Level
Zoning
MIXED-COM
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
Floor
Carpet, Slate, Tile
Appliances
Microwave, Range, Refrigerator
Utilities
Cable Available, Street Lights
Heating
Central
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
53-33-86-00-00-0060
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

Listing courtesy of LOKATION. 954-545-5583

Selling Office: STELLAR NON-MEMBER OFFICE.

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