Custom Built Duplex
27 WOOD AMBER Lane # A & B Palm Coast, FL 32164
For Sale
$560,000
Spectacular duplex with modern finishes, a fantastic investment opportunity.
Property Size3,062 SF
Price / SF$182.89
Days on Market749
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
Listing Agency:
REALTY EXCHANGE, LLC
(386) 931-6311
Listed By:
Julie Sabine · License #3080128
(386) 931-6311
Source:
Exitrealty
Added: Jul 9, 2024
Changed: Jul 10
Last Checked: Jul 26 at 6:48AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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 | $53.3k | $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
NOI $35,356 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$448.7K
$392.6K – $523.5K
NOI $31,411 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$735.8K
$643.9K – $858.5K
NOI $51,508 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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.
