Updated Concrete Block
For Sale
Contact for pricing
16 Pine Hurst Lane, Palm Coast, FL 32164
Two residential units offer matching three-bedroom layouts, private garages, and a flexible owner-occupant or rental configuration.
Property Size3,447 SF
Price / SF$114.59
Days on Market207
Property Features for 16 Pine Hurst Lane
General Information
Standard status
Active
Size
3,447 SF
Total Parking Spaces
11
Property subtype
Multifamily, Land
Building Details
Year Built
2001
Units
2
Listing Agency:
EXP Realty LLC
Listed By:
Clara Levin
(904) 660-9886
Source:
Crexi
Added: Mar 25
Changed: Oct 9
Last Checked: Oct 16 at 6:50AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This duplex in Palm Coast contains two separate residential units, each arranged with 3 bedrooms, 2 bathrooms, and a one-and-a-half-car garage. The property provides 6 bedrooms and 4 bathrooms overall, with more than 2,630 square feet of living space and a total property size of 3,447 square feet. Concrete block construction, updated finishes, and ample parking are among the documented improvements. Built in 2001, the layout accommodates an owner-occupant who wants to lease the second unit or a residential investor seeking a two-unit property.
The property is located near shopping and schools, with access to I-95 identified as a site advantage. Its Palm Coast location and separate-unit design also support multigenerational residential use, subject to applicable requirements.
The property is located near shopping and schools, with access to I-95 identified as a site advantage. Its Palm Coast location and separate-unit design also support multigenerational residential use, subject to applicable requirements.
Key Highlights
- Duplex with 6 bedrooms and 4 bathrooms overall
- Each unit includes 3 bedrooms, 2 bathrooms, and a one‑and‑a‑half‑car garage
- More than 2,630 sq ft of living space; total property size is 3,447 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,361
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,220
$707.2K
Cap Rate 7%
$505,157
$505.2K
Cap Rate 9%
$392,900
$392.9K
Market Conditions
NOI Build-Up for 3,447 SF
Gross rent
$68.3K $19.80/SF
− Vacancy
−$4.0K −$1.15/SF
EGI
$64.3K $18.65/SF
− OpEx
−$28.9K −$8.39/SF
NOI
$35.4K $10.26/SF
Area
Flagler County, FL
Vacancy
5.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,220
Cap Rate 7%
$505,157
Cap Rate 9%
$392,900
Alternative Uses
Best Use
Multifamily LT 5
$568.6K
$497.5K – $663.4K
NOI $39,801 @ 7.0% cap · market cap 10.08%
Second Best
Apartment 5plus
$505.2K
$442.0K – $589.4K
NOI $35,361 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$828.3K
$724.8K – $966.4K
NOI $57,984 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer matching three-bedroom layouts, private garages, and a flexible owner-occupant or rental configuration.
Where is this duplex located?
The property is located at 16 Pine Hurst Lane Palm Coast, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Duplex with 6 bedrooms and 4 bathrooms overall; Each unit includes 3 bedrooms, 2 bathrooms, and a one‑and‑a‑half‑car garage; More than 2,630 sq ft of living space; total property size is 3,447 sq ft
