Two-Unit Duplex with
For Sale
$399,995
Pending
18 PINE HURST LANE A&B, Palm Coast, FL 32164
Each residence offers three bedrooms, two bathrooms, walk-in closets, and a single garage.
Property Size2,503 SF
Days on Market552
Property Features for 18 PINE HURST LANE A&B
General Information
Standard status
Pending
Size
2,503 SF
Total Parking Spaces
2
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,285
Amenities
walk-in closets
ceiling fans
Building Details
Year Built
2001
Listing Agency:
OCEAN VIEW REALTY GROUP
(386) 441-8245
Listed By:
Lisa Giacona · License #3343644
(386) 999-1204
Source:
Exitrealty
Added: Apr 13, 2025
Changed: Oct 7
Last Checked: Oct 7 at 10:10AM
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 OCEAN VIEW REALTY GROUP
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Investment Insights
Based on property information with market context.
Built in 2001, this duplex contains two residential units with a combined PropertySize of 2,503 square feet. Each unit is configured with three bedrooms and two bathrooms, along with walk-in closets, ceiling fans, and a single garage.
The property is located in Palm Coast, Florida, and is identified as a duplex within the multifamily property category. Its two-unit layout provides separate residential accommodations under one property ownership.
The property is located in Palm Coast, Florida, and is identified as a duplex within the multifamily property category. Its two-unit layout provides separate residential accommodations under one property ownership.
Key Highlights
- Two‑unit duplex in Palm Coast
- Each unit includes 3 bedrooms and 2 bathrooms
- 2,503 square feet of PropertySize
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,901
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,020
$578.0K
Cap Rate 7%
$412,871
$412.9K
Cap Rate 9%
$321,122
$321.1K
Market Conditions
NOI Build-Up for 2,503 SF
Gross rent
$43.6K $17.40/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$41.3K $16.50/SF
− OpEx
−$12.4K −$4.95/SF
NOI
$28.9K $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%
$578,020
Cap Rate 7%
$412,871
Cap Rate 9%
$321,122
Alternative Uses
Best Use
Multifamily LT 5
$412.9K
$361.3K – $481.7K
NOI $28,901 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$366.8K
$321.0K – $428.0K
NOI $25,677 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$601.5K
$526.3K – $701.7K
NOI $42,104 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, walk-in closets, and a single garage.
Where is this duplex located?
The property is located at 18 PINE HURST LANE A&B Palm Coast, FL.
What is the asking price?
The asking price for this property is $399,995.
What are key features of this property?
This property features: Two‑unit duplex in Palm Coast; Each unit includes 3 bedrooms and 2 bathrooms; 2,503 square feet of PropertySize
