Turnkey Duplex with Dual
4 REGENT LANE Palm Coast, FL 32164
For Sale
$499,000
Turnkey duplex featuring two units, with one leased through June 2026 and the other newly renovated with fresh finishes.
Property Size2,541 SF
Price / SF$196.38
Days on Market504
Property Features for 4 REGENT LANE
General Information
- Standard status
- Active
- Size
- 2,541 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2003
Listing Agency:
ROBERT SLACK, LLC.
(904) 315-4022
Listed By:
RYAN RAYMOND · License #3298964
(904) 315-4022
Source:
Exitrealty
Added: Mar 11, 2025
Changed: Jul 21
Last Checked: Jul 26 at 7:04AM
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 ROBERT SLACK, LLC.
Investment Insights
Based on property information with market context.
Turnkey duplex offering 6 bedrooms and 4 bathrooms across two units. Unit A is currently leased through June 2026, providing immediate rental income. Unit B has been newly renovated with fresh interior paint and brand-new flooring, presenting an option for a new tenant or owner-occupant.
Improvements include a metal roof installed in 2018 and a new HVAC system installed in 2024. The interior includes open floor-plan layouts with modernized kitchens, an upgraded sink, and a newer dishwasher.
For access, the property is located about 5 minutes from shopping, dining, and entertainment, with easy access to I-95. Flagler Beach is approximately 15 minutes away.
Improvements include a metal roof installed in 2018 and a new HVAC system installed in 2024. The interior includes open floor-plan layouts with modernized kitchens, an upgraded sink, and a newer dishwasher.
For access, the property is located about 5 minutes from shopping, dining, and entertainment, with easy access to I-95. Flagler Beach is approximately 15 minutes away.
Key Highlights
- Spacious 6‑bedroom, 4‑bath duplex in Palm Coast built in 2003.
- Unit A leased for immediate income at $2,050/month through June 2026.
- Unit B newly renovated with fresh interior paint and brand‑new flooring.
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 | $44.2k | $17.40 |
| − Vacancy | −$2.3k | −$0.90 |
| EGI | $41.9k | $16.50 |
| − OpEx | −$12.6k | −$4.95 |
| NOI | $29.3k | $11.55 |
2,541 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$419.1K
$366.8K – $489.0K
NOI $29,340 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$372.4K
$325.8K – $434.5K
NOI $26,067 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$610.6K
$534.3K – $712.4K
NOI $42,744 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey duplex featuring two units, with one leased through June 2026 and the other newly renovated with fresh finishes.
Where is this duplex located?
The property is located at 4 REGENT LANE Palm Coast, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Spacious 6‑bedroom, 4‑bath duplex in Palm Coast built in 2003.; Unit A leased for immediate income at $2,050/month through June 2026.; Unit B newly renovated with fresh interior paint and brand‑new flooring.
