Custom Built Duplex Investment

27 WOOD AMBER Lane # A & B, Palm Coast, FL 32164

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For Sale

$560,000

Spectacular duplex with modern finishes, a fantastic investment opportunity.

Type:Multi Family

Property size:

3,062 SF

Price / SF:

$182/SF

Listing Contact

Julie Sabine

Real Estate License ID: 3080128

HighLights

Spacious Duplex: 1,531 sq ft per side, feels like a single‑family home.
3 bedrooms, 2 baths, and Jacuzzi in Master Baths.
Modern Kitchen: Features 42‑inch Custom cabinets, Granite countertops, and appliances.
Open floor plan with high vaulted ceilings and central skylight.
Private fenced yards, covered screened porch, and large concrete patio.
2‑car garage and stamped circular driveway.

Learn more

For Sale

$560,000

Spectacular duplex with modern finishes, a fantastic investment opportunity.

Type:Multi Family

Property size:

3,062 SF

Price / SF:

$182/SF

Added:: Jul 9, 2024
Days on Market:: 703
Last Refresh:: Apr 16 at 3:21 am

Property Features for 27 WOOD AMBER Lane # A & B

General Information

Standard status: Active
Size: 3,062 SF
Property subtype: Multi Family

Building Details

Year Built: 2006

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Listing Contact

Julie Sabine

Listing agent Julie Sabine License #3080128

Listing office REALTY EXCHANGE, LLC

Listing date Jul 9, 2024

Source Exitrealty

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 REALTY EXCHANGE, LLC

HighLights

Spacious Duplex: 1,531 sq ft per side, feels like a single‑family home.
3 bedrooms, 2 baths, and Jacuzzi in Master Baths.
Modern Kitchen: Features 42‑inch Custom cabinets, Granite countertops, and appliances.
Open floor plan with high vaulted ceilings and central skylight.
Private fenced yards, covered screened porch, and large concrete patio.
2‑car garage and stamped circular driveway.

Overview

This custom-built duplex offers a rare investment opportunity. Each side of the duplex features 1,531 square feet of living space, designed to resemble a single-family home. Each unit includes 3 bedrooms and 2 bathrooms, with a Jacuzzi in the master bathroom. The open floor plan is enhanced by high vaulted ceilings and a central skylight that provides natural light. Tile flooring is installed in the main living areas, while the bedrooms feature laminate wood flooring. The kitchens are equipped with 42-inch custom cabinets, granite countertops, and kitchen appliances. Each unit includes a great room, dining room, and den, all finished with modern touches. A covered screened porch with tile flooring overlooks a large concrete patio area. Each side of the property is fenced for privacy and includes a 2-car garage, a stamped circular driveway, and a sprinkler system. Unit A mirrors Unit B, with the addition of crown molding and chair rail. The hot water heater in Unit B was replaced in 2024, and the A/C was replaced in 2018. The hot water heater in Unit A was replaced in 2024, and the A/C was replaced in 2022. The property offers amazing curb appeal.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$53.3k	$17.40
− Vacancy	−$2.8k	−$0.90
EGI	$50.5k	$16.50
− OpEx	−$15.2k	−$4.95
NOI	$35.4k	$11.55

3,062 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$505.1K

$442.0K – $589.3K (±1% cap)

NOI $35,356 @ 7.0% cap · market cap 6.31%

Second Best

Apartment 5plus

$448.7K

$392.6K – $523.5K (±1% cap)

NOI $31,411 @ 7.0% cap · market cap 5.61%

Theoretical Best

Office A

$735.8K

$643.9K – $858.5K (±1% cap)

NOI $51,508 @ 7.0% cap · market cap 9.20%

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

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Palm Coast
County: Flagler
State: Florida
Longitude: -81.258576
Latitude: 29.5245232

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For sale
Duplexes
FL
Palm Coast
32164
27 WOOD AMBER Lane # A & B

What type of property is this?

Duplex - Spectacular duplex with modern finishes, a fantastic investment opportunity.

Where is this duplex located?

The property is located at 27 WOOD AMBER Lane # A & B Palm Coast, FL.

What is the asking price?

The asking price for this property is $560,000.

What are key features of this property?

This property features: Spacious Duplex: 1,531 sq ft per side, feels like a single‑family home.; 3 bedrooms, 2 baths, and Jacuzzi in Master Baths.; Modern Kitchen: Features 42‑inch Custom cabinets, Granite countertops, and appliances.