Move-in Ready Palm Coast
12 WELLWOOD LANE Palm Coast, FL 32164
12 WELLWOOD LANE, Palm Coast, FL, 32164
$399,875
For Sale
$399,875
Duplex - PALM COAST, FL
Property Size2,166 SF
Lot Size0.14 Acres
Price / SF$184.61
Days on Market58
Property Features for 12 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
- Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-in Closet(s)
- Exterior features
- Private Entrance, Private Mailbox, Sliding Doors
- Standard status
- Active
- APN
- 07-11-31-7021-00040-0030
- Size
- 2,166 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3200
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1989
- Number of units
- 2
- Building materials
- Concrete, Stone
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
REALTY EXCHANGE, LLC
(386) 446-0017
300 Palm Coast Pkwy NE, Palm Coast, FL
Listed by
Carol Grau · License #3510677
(631) 875-2596
Added: May 21 Checked: Jul 17 at 8:06 am
MLS# FC318652
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 full duplex features a total of 4 bedrooms and 4 bathrooms, encompassing 2,166 square feet. One unit includes a loft and a 2-car garage. Situated on a corner lot, the property offers enhanced privacy, with each unit's entrance located on separate corners. Both units feature screened lanais. Recent updates include a newer roof and newer AC units. The property has been freshly painted and professionally cleaned. Each unit has an oversized driveway suitable for multiple vehicles. The property is located near shopping, hospitals, and major roadways, providing convenient access to both Daytona Beach and St. Augustine. The property is zoned DPX and is situated on a 0.14-acre lot.
Key Highlights
- Full duplex: Live in one unit and rent the other to offset mortgage expenses.
- Prime location: Close to shopping, hospitals, major roadways, Daytona Beach, and St. Augustine.
- Move‑in ready: Freshly painted and professionally cleaned units.
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 | $37.7k | $17.40 |
| − Vacancy | −$2.0k | −$0.90 |
| EGI | $35.7k | $16.50 |
| − OpEx | −$10.7k | −$4.95 |
| NOI | $25.0k | $11.55 |
2,166 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$357.3K
$312.6K – $416.8K
NOI $25,010 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$317.4K
$277.8K – $370.3K
NOI $22,220 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$520.5K
$455.5K – $607.3K
NOI $36,436 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Decks Max
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Desirable duplex with modern updates in prime location.
Where is this duplex located?
The property is located at 12 WELLWOOD LANE Palm Coast, FL.
What is the asking price?
The asking price for this property is $399,875.
What are key features of this property?
This property features: Full duplex: Live in one unit and rent the other to offset mortgage expenses.; Prime location: Close to shopping, hospitals, major roadways, Daytona Beach, and St. Augustine.; Move‑in ready: Freshly painted and professionally cleaned units.
