Newly Built Upgraded
For Sale
$545,000
Pending
10 LLOLEETA PATH, Palm Coast, FL 32164
Two-unit property on a quiet cul-de-sac with attached garages and updated interior finishes.
Property Size2,377 SF
Days on Market611
Property Features for 10 LLOLEETA PATH
General Information
Standard status
Pending
Size
2,377 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$779
Building Details
Year Built
2024
Listing Agency:
APEX REALTY LLC
Listed By:
Elena Tchoumakova · License #3228404
(386) 986-5053
Source:
Exitrealty
Added: Feb 12, 2025
Changed: Oct 11
Last Checked: Oct 14 at 10:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of APEX REALTY LLC
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Investment Insights
Based on property information with market context.
Completed in 2024, this duplex contains two units of approximately 1,185 square feet each, for a combined property size of 2,377 square feet. Both residences feature 12-foot tray ceilings, luxury vinyl flooring, tall baseboards, LED lighting, ceiling fans, and tankless water heaters. Kitchens include stainless steel appliances, refrigerators, 42-inch cabinetry, granite countertops, islands, and exhaust fans. Sliding doors with integrated blinds add functionality, while each primary suite offers a tray ceiling, walk-in closet, and ensuite bathroom.
Each unit includes a one-car garage with a remote opener, painted garage flooring, and attic access. The property sits on a quiet cul-de-sac and is described as being within 10 minutes of a shopping mall, restaurants, a hospital, and Flagler Beach. The residences are ready for occupancy.
Each unit includes a one-car garage with a remote opener, painted garage flooring, and attic access. The property sits on a quiet cul-de-sac and is described as being within 10 minutes of a shopping mall, restaurants, a hospital, and Flagler Beach. The residences are ready for occupancy.
Key Highlights
- 2024‑built duplex with 2 units
- Combined property size of 2,377 square feet; each unit is 1,185 square feet
- Each unit includes a 1‑car garage with remote opener and attic access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,446
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,920
$548.9K
Cap Rate 7%
$392,086
$392.1K
Cap Rate 9%
$304,956
$305.0K
Market Conditions
NOI Build-Up for 2,377 SF
Gross rent
$41.4K $17.40/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$39.2K $16.50/SF
− OpEx
−$11.8K −$4.95/SF
NOI
$27.4K $11.55/SF
Area
Flagler County, FL
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,920
Cap Rate 7%
$392,086
Cap Rate 9%
$304,956
Alternative Uses
Best Use
Multifamily LT 5
$392.1K
$343.1K – $457.4K
NOI $27,446 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$348.3K
$304.8K – $406.4K
NOI $24,384 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$571.2K
$499.8K – $666.4K
NOI $39,985 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
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Business Placement
Demographics for 32164, FL
49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property on a quiet cul-de-sac with attached garages and updated interior finishes.
Where is this duplex located?
The property is located at 10 LLOLEETA PATH Palm Coast, FL.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 2024‑built duplex with 2 units; Combined property size of 2,377 square feet; each unit is 1,185 square feet; Each unit includes a 1‑car garage with remote opener and attic access
