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Brand-New Duplex with Private Garages
For Sale
$579,000
Pending

26 EMERALD LANE A & B, Palm Coast, FL 32164

Two spacious units feature contemporary kitchens, high ceilings, and durable tile flooring throughout.

Property Size2,692 SF
Days on Market558

Property Features for 26 EMERALD LANE A & B

General Information

Standard status Pending
Size 2,692 SF
Property subtype Multi Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $1,135

Building Details

Year Built 2025
Listing Agency: TRADEMARK REALTY GROUP LLC
Listed By: Bruce Garrison · License #3070543
Source: Exitrealty
Added: Apr 8, 2025 Changed: Sep 2 Last Checked: Sep 15 at 4:24AM

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 TRADEMARK REALTY GROUP LLC

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Investment Insights

Based on property information with market context.

Built in 2025, this duplex contains two three-bedroom, two-bath units, each offering 1,346 living sqft and its own two-car garage. Both residences are designed with tile flooring throughout, high ceilings, tray ceiling details, and bright great rooms that create open, comfortable interiors.

Each unit includes a newly finished kitchen with stainless steel appliances and ample cabinetry. The property is located in the Cypress Knoll subdivision in Palm Coast, providing a contemporary residential configuration suitable for separate households or multigenerational living.

Key Highlights

  • 2025‑built duplex in the Cypress Knoll subdivision
  • Two 3‑bedroom, 2‑bath units, each with 1346 living sqft
  • Each unit includes its own 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,084
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,680 $621.7K
Cap Rate 7%
$444,057 $444.1K
Cap Rate 9%
$345,378 $345.4K
Market Conditions
NOI Build-Up for 2,692 SF
Gross rent
$46.8K $17.40/SF
− Vacancy
−$2.4K −$0.90/SF
EGI
$44.4K $16.50/SF
− OpEx
−$13.3K −$4.95/SF
NOI
$31.1K $11.55/SF
Area
Flagler County, FL
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,680
Cap Rate 7%
$444,057
Cap Rate 9%
$345,378

Alternative Uses

Best Use
Multifamily LT 5
$444.1K
$388.6K – $518.1K (±1% cap)
NOI $31,084 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$394.5K
$345.2K – $460.3K (±1% cap)
NOI $27,616 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$646.9K
$566.1K – $754.7K (±1% cap)
NOI $45,284 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Nail Salon Dental Office Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby

Demographics for 32164, FL

49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two spacious units feature contemporary kitchens, high ceilings, and durable tile flooring throughout.
Where is this duplex located?
The property is located at 26 EMERALD LANE A & B Palm Coast, FL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 2025‑built duplex in the Cypress Knoll subdivision; Two 3‑bedroom, 2‑bath units, each with 1346 living sqft; Each unit includes its own 2‑car garage
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