12 WELLWOOD LANE Palm Coast, FL 32164
Duplex - PALM COAST, FL
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 agent Carol Grau License #3510677 (631) 875-2596
Listing office REALTY EXCHANGE, LLC 300 Palm Coast Pkwy NE, Palm Coast, FL (386) 446-0017
Listing date May 21, 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.
Investment Insights
Based on property information with market context.
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 |
