Four-Bedroom Duplex
20 RAINSTONE Lane, Palm Coast, FL 32164
For Sale
$522,900
Residential Income, PALM COAST, FL
Property Size3,049 SF
Lot Size0.23 Acres
Price / SF$171.50
Days on Market17
Property Features for 20 RAINSTONE Lane
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
PALM COAST REAL ESTATE COMPANY
(386) 445-0700
Listed By:
Charles Shaffer · License FL #3269757
(386) 931-4376
Added: Oct 30
Changed: Nov 14
Last Checked: Nov 15 at 12:06AM
MLS# FC322415
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2022 duplex unit offers 1,535 square feet of air-conditioned living space, with four bedrooms and two bathrooms arranged on one level. An open floor plan connects the living and dining areas, while solid-surface counters, solid wood cabinets, ceiling fans, and an attached two-car garage add functional features. The property is listed at 3,049 square feet on a 0.23-acre lot and is zoned DPX.
Construction is block and stucco, with a shingle roof, central air, and heat-pump heating. Public water and a holding tank serve the property.
Construction is block and stucco, with a shingle roof, central air, and heat-pump heating. Public water and a holding tank serve the property.
Key Highlights
- Four‑bedroom, two‑bathroom unit with 1,535 square feet of living space
- Duplex property size: 3,049 square feet on 0.23 acres
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,278
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,560
$625.6K
Cap Rate 7%
$446,829
$446.8K
Cap Rate 9%
$347,533
$347.5K
Market Conditions
NOI Build-Up for 3,049 SF
Gross rent
$60.4K $19.80/SF
− Vacancy
−$3.5K −$1.15/SF
EGI
$56.9K $18.65/SF
− OpEx
−$25.6K −$8.39/SF
NOI
$31.3K $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%
$625,560
Cap Rate 7%
$446,829
Cap Rate 9%
$347,533
Alternative Uses
Best Use
Apartment 5plus
$446.8K
$391.0K – $521.3K
NOI $31,278 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$732.7K
$641.1K – $854.8K
NOI $51,289 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
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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
$308,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Palm Coast, FL
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Frequently Asked Questions
What type of property is this?
Residential income property - An attached two-car garage and open living area support a practical residential layout.
Where is this residential income property located?
The property is located at 20 RAINSTONE Lane Palm Coast, FL.
What is the asking price?
The asking price for this property is $522,900.
What are key features of this property?
This property features: Four‑bedroom, two‑bathroom unit with 1,535 square feet of living space; Duplex property size: 3,049 square feet on 0.23 acres; Built in 2022
