59 WELLWOOD LANE, Palm Coast, FL 32137
Duplex - PALM COAST, FL
- Added:
- Apr 2, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 15 at 12:06 pm
Property Features for 59 WELLWOOD LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- DPX
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage, Garage - Attached
- Interior features
- Ceiling Fans(s), Window Treatments
- Exterior features
- Sliding Doors
- Appliances
- Dishwasher, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 07-11-31-7021-00010-0180
- Size
- 2,276 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4656
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
- BuilderName
- ITT
Listing agent Rosemarie Tallaksen License #650157 (386) 931-3434
Listing office REALTY EXCHANGE, LLC 300 Palm Coast Pkwy NE, Palm Coast, FL (386) 446-0017
Listing date Apr 2, 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.
HighLights
- Desirable Pine Lakes subdivision location.
- Duplex featuring two units, each with 2 bedrooms and 2 full bathrooms.
- Each unit includes a one‑car garage and screened‑in porch.
- Strong rental potential.
- Convenient access to shopping, dining, parks, and golf.
- Approximately 7 miles from the beach.
Overview
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 | $39.6k | $17.40 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $37.5k | $16.50 |
| − OpEx | −$11.3k | −$4.95 |
| NOI | $26.3k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.255772
- Latitude
- 29.550591
