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23 REGENT Lane, Palm Coast, FL, 32164
Two-Unit Duplex with Private Backyard

23 REGENT Lane Palm Coast, FL 32164

For Sale
$399,000

MULTI_FAMILY - PALM COAST, FL

Property Size2,588 SF
Lot Size0.23 Acres
Price / SF$154.17
Days on Market165

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 Description
PALM COAST SECTION 33 BL 14 LT 38 OR 242 PG 614, OR 445 PG 1426(TX) OR 455 PG 302, OR 517 PG 784 QT OR 762 PG 1823-REGENT 23 TRUST OR 888 PG 828 OR 1892/845
Tax Annual Amount
4952

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2004
Number of units
2
Flooring type
Tile, Carpet
Building materials
Frame
Roof type
Shingle
Listing Agency: ADAMS, CAMERON & CO., REALTORS
Listed By: Kristin Petersen · License #0583049
Added: Feb 10 Changed: Jul 20 Last Checked: Jul 25 at 10:06PM
MLS# FC316075

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 a flexible two-unit layout with month-to-month leasing. The property is described as a 4-bedroom, 4-bathroom duplex with each unit presented as well maintained and identical in size and layout. Each unit features an open floor plan with a kitchen flowing into the dining and living areas, and sliding glass doors opening to a large, private backyard and patio. A new roof was installed in 2024.

Located in Palm Coast in Flagler County, the property is identified as zoning DPX and is positioned near I-95, schools, Flagler Beach, restaurants, and shopping. The remarks also note the opportunity for immediate income and owner-occupant use, with no CDD or HOA fees reported.

Key Highlights

  • 4‑bedroom, 4‑bath duplex with Unit A (month‑to‑month) at $1,200/month and Unit B (month‑to‑month) at $1,000/month
  • New roof installed in 2024
  • Each unit features an open kitchen‑to‑dining‑to‑living layout with sliding glass doors to a large private backyard and patio

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 - Duplex with month-to-month units, 2024 roof, and open living space opening to a private backyard and patio.
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 with Unit A (month‑to‑month) at $1,200/month and Unit B (month‑to‑month) at $1,000/month; New roof installed in 2024; Each unit features an open kitchen‑to‑dining‑to‑living layout with sliding glass doors to a large private backyard and patio
More about this property
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