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Duplex with 2024 New Roof

23 REGENT LANE Palm Coast, FL 32164

23 REGENT LANE, Palm Coast, FL, 32164
$399,000
For Sale
$399,000

Duplex - PALM COAST, FL

Property Size2,588 SF
Lot Size0.23 Acres
Price / SF$154.17
Days on Market157

Property Features for 23 REGENT LANE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
DPX
Standard status
Active
APN
07-11-31-7033-00140-0380
Size
2,588 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4952

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2004
Number of units
2
Flooring type
Carpet, Tile
Building materials
Frame
Roof type
Shingle
Architectural style
Other
Listing Agency ADAMS, CAMERON & CO., REALTORS
20 Airport Rd, Daytona Beach, FL
Listed by Kristin Petersen · License #0583049
Added: Feb 10 Checked: Jul 17 at 8:06 am
MLS# FC316075 Listing URL

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.


Investment Insights

Based on property information with market context.

This duplex offers two identical units with an open floor plan connecting the kitchen, dining room, and living room, each with sliding glass doors opening to a large, private backyard and patio. The property is described as well maintained, and a new roof was installed in 2024. The configuration supports both income use and owner-occupant scenarios, with no CDD or HOA fees noted in the remarks.

The home is located in Palm Coast, Florida (Flagler County) at 23 Regent Lane, near Rymfire Elementary School. The remarks also indicate proximity to I-95, Flagler Beach, restaurants, and shopping, providing straightforward access to everyday amenities.

For tenants or buyers seeking flexibility, Unit A is described as month to month at $1,200 per month and Unit B as month to month at $1,000 per month. The identical layouts and functional living areas may appeal to operators looking for consistency across units, while the private outdoor space with patio access supports a comfortable residential feel. Zoning is listed as DPX.

Key Highlights

  • 4‑bedroom, 4‑bath duplex built in 2004 with two identical units (Unit A and Unit B)
  • Month‑to‑month leases: Unit A at $1,200/month and Unit B at $1,000/month
  • New shingle roof installed in 2024

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.0k $17.40
− Vacancy −$2.3k −$0.90
EGI $42.7k $16.50
− OpEx −$12.8k −$4.95
NOI $29.9k $11.55
2,588 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$426.9K
$373.5K – $498.1K (±1% cap)
NOI $29,883 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$379.3K
$331.9K – $442.5K (±1% cap)
NOI $26,549 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$621.9K
$544.2K – $725.6K (±1% cap)
NOI $43,534 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Pharmacy Auto Parts Store Nail Salon Electrical Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained two-unit duplex with month-to-month leases and a 2024 roof, offering owner-occupant or income flexibility.
Where is this duplex located?
The property is located at 23 REGENT LANE Palm Coast, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4‑bedroom, 4‑bath duplex built in 2004 with two identical units (Unit A and Unit B); Month‑to‑month leases: Unit A at $1,200/month and Unit B at $1,000/month; New shingle roof installed in 2024
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