18 PROSPECT LANE Palm Coast, FL 32164
Duplex - PALM COAST, FL
Property Features for 18 PROSPECT LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- DPX
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway, Garage, Garage - Attached
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-in Closet(s)
- Exterior features
- Private Mailbox, Rain Gutters
- Appliances
- Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 07-11-31-7024-00530-0230
- Size
- 2,622 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6507.74
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Number of units
- 2
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Karen Radcliff License #468496 (386) 793-0122
Listing office CLARION GROUP, INC. 21 Utility Dr, Palm Coast, FL (386) 225-4785
Listing date Feb 14, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Spacious 3 bedroom, 2 bath duplex with generous floor plan per side.
- Newer air conditioning systems and newer roofs.
- Tile flooring throughout.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.6k | $17.40 |
| − Vacancy | −$2.4k | −$0.90 |
| EGI | $43.3k | $16.50 |
| − OpEx | −$13.0k | −$4.95 |
| NOI | $30.3k | $11.55 |
