Two-Unit Duplex with Private
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
(386) 445-5595
Listed By:
Kristin Petersen · License #0583049
(386) 453-6930
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.
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
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
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