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5 Rainstone Lane

Palm Coast FL 32164

6
4
2
2575 sq. ft.
10019 sq. ft.
Duplex
Currently for sale - view listing

Overview

Under contract-accepting backup offers. 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.

Features

6 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2575 sq. ft. floor area
10019 sq. ft. lot size
Duplex

Happy sellers in Palm Coast

84%
84% of sellers in Palm Coast reported that their sale price either exceeded or met their price expectations.

Palm Coast stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 36 reviews in Palm Coast over the last 12 months.

Local market activity for 6 bedroom duplexes in Palm Coast

In the last 12 months, 30 six-bedroom duplexes similar to 5 Rainstone Lane, have been sold.

This represents a 76% decrease in six-bedroom duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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