Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    28 Karat Path Palm Coast, FL 32164

    View on Map
    Sponsored
    For Sale
    $565,000

    Duplex - PALM COAST, FL

    Type:Duplex
    Property size:
    3,123 SF
    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 8 at 6:06 am

    Property Features for 28 Karat Path

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Gated Community
    Zoning
    DPX
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    APN
    07-11-31-7065-00570-0130
    Parking features
    Garage, Garage - Attached
    Pets allowed
    Cats OK, Dogs OK
    Interior features
    Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters
    Exterior features
    Fence, Garden, Rain Gutters, Sliding Doors
    Fencing
    Fenced, Gate
    Size
    3,123 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Number of units
    2
    Building materials
    Block, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Carlos Arias
    Carlos Arias

    EXP REALTY LLC (888) 883-8509

    Listing agent Carlos Arias (754) 333-5567 License #561991

    Listing date Mar 7, 2026

    MLS# FC316704 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Palm Coast Duplex Investment Opportunity

    This custom concrete block duplex is an excellent investment opportunity, situated on a 10,019 sq ft lot in a desirable area of Palm Coast. The property offers strong income potential and flexibility for investors, multi-generational living, or owner-occupants. The duplex features two well-designed units. Side A offers approximately 1,726 sq ft with 4 bedrooms and 3 full bathrooms, including two master suites, a large kitchen, and an oversized 1.5-car garage. Side B offers approximately 1,395 sq ft with 3 bedrooms, 2 bathrooms, and a 1-car garage. Both units share access to a large screened-in back patio and a fully fenced backyard, creating additional outdoor living space. This property provides multiple possibilities including long-term rental income, multi-generational living, or owner occupancy with rental offset. Conveniently located near schools, shopping, hospitals, walking and jogging trails, and only a short drive to Flagler Beach. Easy access to St. Augustine (approx. 35 minutes) and Daytona Beach (approx. 30 minutes). The property is located in Palm Coast, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Susie's Home Assisted ... Nursing Home

    Suggested Use

    Real Estate Agency Dental Office Big Box & Wholesale Store Garden Center Furniture & Home Goods Cosmetic Store Nursing Home Nursing Home Adult Day Care Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.219221
    Latitude
    29.42853

    Nearby Similar for Sale

    • $374,000
      Pending

      Palm Coast Office Property For Sale

      Exceptional office property in high-traffic Palm Coast shopping center.
      1030 Palm Coast Pkwy NW, Palm Coast, FL 32137
      View Details
    • New
      $984,000
      2,000 SF

      A1A Frontage Restaurant Opportunity

      Restaurant or commercial venture on A1A with existing building.
      5062 N Ocean Shr Blvd, Palm Coast, FL 32137
      View Details
    • $618,000
      3,063 SF

      New Duplex in Palm Coast

      New construction duplex with excellent investment opportunity in Palm Coast.
      14 Brelyn Pl, Palm Coast, FL 32137
      View Details
    • $540,000
      2,376 SF

      New Duplex in Palm Coast

      Brand new duplex with upgrades, great investment opportunity.
      37 Regent Ln, Palm Coast, FL 32164
      View Details
    • $175,000
      1,584 SF

      Remodeled Restaurant and Bar

      Turnkey restaurant and bar with indoor and outdoor seating.
      9 NE Palm Harbor Village Way NE, Palm Coast, FL 32137
      View Details
    • $435,000
      Pending

      Turnkey Restaurant Commercial Condo

      Fully equipped restaurant condo for sale in prime location.
      160 Cypress Point Pkwy, Palm Coast, FL 32164
      View Details
    • New
      $684,500
      3,076 SF

      New Construction Duplex in Palm Coast

      New construction duplex with modern design, convenient location, and rental potential.
      86 Emerson Dr, Palm Coast, FL 32164
      View Details
    • New
      $545,000
      2,376 SF

      New Duplex on Freshwater Canal

      Brand new duplex with upgrades, ideal for investment or living.
      45 Providence Ln, Palm Coast, FL 32164
      View Details
    • New
      $524,900
      2,422 SF

      Modern Duplex in Palm Coast

      Well-designed duplex with income potential near beaches and amenities.
      84 Buttonworth Dr, Palm Coast, FL 32137
      View Details
    • New
      $524,900
      2,422 SF

      Modern Duplex in Palm Coast

      Well-designed duplex with income potential near highways and amenities.
      84 Buttonworth Dr, Palm Coast, FL 32137
      View Details
    • $539,900
      2,377 SF

      Palm Coast Duplex For Sale

      Upgraded duplex in Palm Coast, great investment opportunity.
      9 Seton Pl, Palm Coast, FL 32164
      View Details
    • $425,000
      2,728 SF

      Palm Coast Income-Producing Duplex

      Income-producing duplex in central Palm Coast, ideal for owner or investor.
      35 Brunswick Ln, Palm Coast, FL 32137
      View Details

    FAQs

    What type of property is this?
    Duplex - Custom duplex in Palm Coast with income potential.
    Where is this duplex located?
    The property is located at 28 Karat Path Palm Coast, FL.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: - Strong income potential as a duplex in a desirable Palm Coast location on a large lot.; - Flexible usage: ideal for investment, multi-generational living, or owner-occupancy with rental income.; - Unit A: features 4 bedrooms, 3 bathrooms (including two master suites), 1,726 sq ft, and 1.5-car garage.
    (954) 445-4944
    Request Owner's contact information
    28 Karat Path Palm Coast, FL 32164
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28 Karat Path
    Palm Coast, FL 32164
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Karat Path Palm Coast, FL 32164
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carlos Arias
    Carlos Arias
    Real Estate License ID: 561991
    (954) 445-4944 (954) 384-2442 (754) 333-5567
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!