129 Wellwood Ln, Palm Coast, FL 32164
2022 duplex in Palm Coast with strong rental history.
- Added:
- Mar 4, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 2:34 pm
Property Features for 129 Wellwood Ln
General Information
- Standard status
- Active
- Size
- 3,284 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2022
Listing office The Multifamily Advisors from Beau Beery Multifamily Advisors
Listing date Mar 4, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of The Multifamily Advisors from Beau Beery Multifamily Advisors
HighLights
- 2022 Construction: Modern duplex built with concrete block/stucco.
- Strong Rental History/Demand: Located in Palm Coast, Florida, a desirable coastal area.
- Two 3‑Bedroom/2‑Bathroom Units: Ideal for renting or living in one unit and renting the other.
- Unit B Vacant: Available for immediate move‑in or rental.
- Granite Countertops & Stainless Steel Appliances: Modern, desirable finishes.
- No HOA: Avoids extra fees and restrictions.
Overview
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 | $57.1k | $17.40 |
| − Vacancy | −$3.0k | −$0.90 |
| EGI | $54.2k | $16.50 |
| − OpEx | −$16.3k | −$4.95 |
| NOI | $37.9k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2520105
- Latitude
- 29.5492648