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New Construction Duplex with Two Garages

86 EMERSON DRIVE Palm Coast, FL 32164

86 EMERSON DRIVE, Palm Coast, FL, 32164
$649,900
For Sale
Claim this Listing
$649,900

Duplex - PALM COAST, FL

Property Size3,087 SF
Lot Size0.23 Acres
Price / SF$210.53
AddedMay 25
Days on Market52
Last RefreshJul 15 at 10:06 am

Property Features for 86 EMERSON DRIVE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
New Construction
Zoning
DPX
Bedrooms
6
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Garage, Garage - Attached
Interior features
High Ceilings
Exterior features
Sliding Doors
Appliances
Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
Standard status
Active
APN
07-11-31-7034-00020-0050
Size
3,087 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9671

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
2024
Number of units
2
Building materials
Block
Roof type
Shingle
Architectural style
Other

Listing agent Elena Tchoumakova License #3228404

Listing office APEX REALTY LLC 4877 Palm Coast Pkwy NW #2, Palm Coast, FL

Listing date May 25, 2026

MLS# FC318883 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.


Investment Insights

Based on property information with market context.

This brand-new construction duplex offers two separate living spaces, each designed as a 3-bedroom, 2-bath unit. Each side includes its own 2-car garage and a modern interior package with features such as a 10-foot ceiling and solid interior doors. The living areas include windows that provide natural light, and the kitchen appointments include stainless steel appliances, sleek lighting, ceiling fans, quartz countertops, and a tiled backsplash.

The property is located in Palm Coast, Florida in Flagler County at 86 Emerson Drive (32164). The listing describes convenient proximity to Publix, Town Center, shopping, and restaurants, with Flagler Beach about 15 minutes away by drive.

The duplex configuration supports multiple tenant or occupancy strategies, including owning one side while renting the other. With a total of 6 bedrooms and 4 bathrooms across the two units, the layout can appeal to buyers seeking a residential income property with mirrored unit design and attached garage parking on both sides. Zoning is listed as DPX, and the lot size is reported as 0.23 acres.

Key Highlights

  • New construction duplex built in 2024 with two separate living spaces
  • Each side offers 3 bedrooms and 2 bathrooms in 1,538 sq. ft total living area
  • 10‑foot ceilings with 12 ft in the living and master bedroom areas

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 $53.7k $17.40
− Vacancy −$2.8k −$0.90
EGI $50.9k $16.50
− OpEx −$15.3k −$4.95
NOI $35.6k $11.55
3,087 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$509.2K
$445.6K – $594.1K (±1% cap)
NOI $35,644 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$452.4K
$395.9K – $527.8K (±1% cap)
NOI $31,668 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$741.8K
$649.1K – $865.5K (±1% cap)
NOI $51,928 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon Building Supply Dental Office Restaurant Auto Repair Shop Nail Salon HVAC Service Electrical Service Pharmacy

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

FAQs

What type of property is this?
Duplex - Brand-new duplex with two separate 3-bedroom, 2-bath units and attached 2-car garages for flexible owner or investor use.
Where is this duplex located?
The property is located at 86 EMERSON DRIVE Palm Coast, FL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: New construction duplex built in 2024 with two separate living spaces; Each side offers 3 bedrooms and 2 bathrooms in 1,538 sq. ft total living area; 10‑foot ceilings with 12 ft in the living and master bedroom areas
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