5 RAINSTONE LN, Palm Coast, FL 32164 - MLS#FC315542

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Alina Pekarsky

alina@vhrfl.com +1(386) 569-5383

$499,900

Est. payment - /mo

6 Beds

4 Baths

2,575 SqFt

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UPDATED:

Key Details

Property Type Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,575 sqft

Price per Sqft $194

Subdivision Palm Coast Sec 30

MLS Listing ID FC315542

Bedrooms 6

HOA Y/N No

Year Built 2022

Annual Tax Amount $6,388

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Excellent investment opportunity! This 2022-built concrete block duplex features two identical units, each offering 3 bedrooms, 2 bathrooms, and a 1-car garage. Ideal 1031 Exchange Replacement Property! Both sides are currently rented, producing a combined annual income of $38,900, with long-term tenants in place who maintain their units impeccably and wish to continue leasing.

Unit Side A has agreed to a rent increase upon lease expiration, offering immediate upside potential. Designed for easy ownership, both units feature granite countertops, no carpeting, and durable finishes throughout, keeping maintenance costs low.

Built with solid concrete block construction, this property is ideal for investors seeking a turnkey, low-maintenance asset with reliable cash flow.

Serious inquiries only. Please do not disturb tenants. Showings by appointment only with proof of funds or financing in place.

Location

State FL

County Flagler

Community Palm Coast Sec 30

Area 32164 - Palm Coast

Zoning DPX

Interior

Interior Features Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)

Heating Central, Electric, Heat Pump

Cooling Central Air

Fireplace false

Appliance Dishwasher, Microwave, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Private Mailbox

Garage Spaces 2.0

Utilities Available Cable Available, Sewer Connected, Water Connected

Roof Type Shingle

Porch Covered

Attached Garage true

Garage true

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC315542

Porch Type Covered

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Listed by Alina Pekarsky VIRTUAL HOMES REALTY

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Alina Pekarsky

+1(386) 569-5383

Broker | BKBK3118291

Broker BKBK3118291

5 RAINSTONE LN Palm Coast, FL 32164

Alina Pekarsky

Key Details

Location

Interior

Exterior

Building

Others

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