Duplex with 2024 New
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
(386) 445-5595
20 Airport Rd, Daytona Beach, FL
Listed by
Kristin Petersen · License #0583049
(386) 453-6930
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.
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
NOI $29,883 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$379.3K
$331.9K – $442.5K
NOI $26,549 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$621.9K
$544.2K – $725.6K
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
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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