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822 Forest Ln, Daytona Beach, FL, 32114

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
2 Full Baths
1,216 SqFt
$185/SqFt
House

Location

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822 Forest Ln, Daytona Beach$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingCentral, Window Unit(s)
CoolingCentral Air, Wall/Window Unit(s)
MLS #O6259440
Lot Size0.40 Acres
StatusActive

About 822 Forest Ln

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!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,216 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (407) 476-4127
  • Listing Agent: Simon Diaz

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Carpet, Slate, Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Garden

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Use GPS; Enter the 2/1 from Forest Lane. Enter the 1/1 from Edwards.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $185/SqFt

Tax Information:

  • Annual Amount: $1,496
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Daytona Beach, FL.

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Daytona Beach, FL

City

Med. Sold Price

$294.9K

Med. Price/SqFt

$208

Avg. Days On Market

75

# of Sold Homes

51

822 Forest Ln vs Daytona Beach

1 DAY ON ROCKET

-74 Days

$225,000

-$69.9K Less

$185/SqFt

-$23 Less

KEY TAKEAWAY

This property is $69.9K less than the Median Sold Price and $23/SqFt less than other homes in Daytona Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6259440

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (407) 476-4127
  • Listing Agent: Simon Diaz

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:19:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2019Home Sold
$116,900
Feb 17, 2011Home Sold
$14,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,496$77,284
2019$407$20,287
2018$396$18,443
2017$386$21,461

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-351813
3
/10

  • Westside Elementary School

  • 1700 5th St

  • 1.85 miles

  • Public District Grades PK-5

school-card-donut-351814
2
/10

  • Turie T. Small Elementary School

  • 800 South St

  • 1.98 miles

  • Public District Grades PK-5

school-card-donut-351815
5
/10

  • Palm Terrace Elementary School

  • 1825 Dunn Ave

  • 2.60 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,538. The majority of Daytona Beach, FL residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 822 Forest Ln

What is the listing price of this property?

The listing price of 822 Forest Ln property is $225,000.

What type of property is this?

The property 822 Forest Ln is a house located in Daytona Beach, Florida, 32114.

Is this property for sale now?

Active Listing: 822 Forest Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,496 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2019 for $116,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 822 Forest Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 822 Forest Ln is 1,216 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 822 Forest Ln is 1950.

Rocket Homes›Florida›Volusia County›Daytona Beach›32114›822 Forest Ln

This home is located at 822 Forest Ln in Daytona Beach, FL and zip code 32114 in the Forest Park neighborhood. This 1,216 square foot home, which was built in 1950, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $225,000.

In October 2024, from all listings sold in Daytona Beach, FL there were more than 5 sold above asking price, over 38 sold below and more than 8 were sold right at the asked price. In October 2024 in Daytona Beach, FL there were 4.5% more homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $294,999 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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