Duplex With Attached
For Sale
$532,500
17 FRENEAU LN #A&B, Palm Coast, FL 32137
Each residence offers three bedrooms, two full bathrooms, and a private one-car garage.
Property Size2,426 SF
Price / SF$219.50
Days on Market218
Property Features for 17 FRENEAU LN #A&B
General Information
Standard status
Active
Size
2,426 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,900
Building Details
Building Size
2,426 SF
Year Built
2024
Buildings
1
Listing Agency:
LIVIN PARADISE REALTY LLC
Listed By:
Antonio Silva · License #3316327
(386) 276-3600
Source:
Coastalventures
Added: Mar 25
Changed: Oct 26
Last Checked: Oct 26 at 3:14PM
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 LIVIN PARADISE REALTY LLC
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Investment Insights
Based on property information with market context.
Built in 2024, this Palm Coast duplex contains 2,426 square feet across two residences. Each side has three bedrooms, two full bathrooms, a living room, and an attached one-car garage. Both kitchens include granite countertops, stainless steel appliances, and a pantry. The primary bedroom in each residence has an ensuite bathroom and walk-in closet. Tile flooring is also featured.
Key Highlights
- 2,426‑square‑foot duplex built in 2024
- Two residences, each with 3 bedrooms and 2 full bathrooms
- One attached one‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,012
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,240
$560.2K
Cap Rate 7%
$400,171
$400.2K
Cap Rate 9%
$311,244
$311.2K
Market Conditions
NOI Build-Up for 2,426 SF
Gross rent
$42.2K $17.40/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$40.0K $16.50/SF
− OpEx
−$12.0K −$4.95/SF
NOI
$28.0K $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%
$560,240
Cap Rate 7%
$400,171
Cap Rate 9%
$311,244
Alternative Uses
Best Use
Multifamily LT 5
$400.2K
$350.2K – $466.9K
NOI $28,012 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$355.5K
$311.1K – $414.8K
NOI $24,887 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$583.0K
$510.1K – $680.2K
NOI $40,809 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
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Business Placement
Demographics for 32137, FL
46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
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 full bathrooms, and a private one-car garage.
Where is this duplex located?
The property is located at 17 FRENEAU LN #A&B Palm Coast, FL.
What is the asking price?
The asking price for this property is $532,500.
What are key features of this property?
This property features: 2,426‑square‑foot duplex built in 2024; Two residences, each with 3 bedrooms and 2 full bathrooms; One attached one‑car garage for each residence
