Duplex with New
For Sale
$375,000
23 REGENT Lane, Palm Coast, FL 32164
Residential Income, PALM COAST, FL
Property Size2,588 SF
Lot Size0.23 Acres
Price / SF$144.90
Days on Market260
Property Features for 23 REGENT Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
DPX
Subdivision
ROYAL PALMS SEC 33
Directions
From US1 head East on Royal Palms Pkwy, turn left, head North on Rymfire Dr, turn left on Red Mill, Right on Regency Dr and left on Regent. Property on left side of street.
Standard status
Active
APN
07-11-31-7033-00140-0380
Size
2,588 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
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
Legal 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
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
(386) 453-6930
Added: Feb 10
Changed: Oct 23
Last Checked: Oct 28 at 8:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,588-square-foot duplex contains two matching units with a combined four bedrooms and four bathrooms. Each residence has an open arrangement connecting the kitchen, dining area, and living room, with sliding glass doors leading to a patio and private backyard area. Tile and carpet flooring, central heating, and central air are installed throughout the property. A shingle roof was installed in 2024.
Built in 2004 on 0.23 acres, the property is located near Rymfire Elementary School, I-95, Flagler Beach, restaurants, and shopping. Public water and public sewer serve the site, with cable available. The property is zoned DPX, and both units are currently occupied under month-to-month lease arrangements.
Built in 2004 on 0.23 acres, the property is located near Rymfire Elementary School, I-95, Flagler Beach, restaurants, and shopping. Public water and public sewer serve the site, with cable available. The property is zoned DPX, and both units are currently occupied under month-to-month lease arrangements.
Key Highlights
- 2,588‑square‑foot duplex with 4 bedrooms and 4 bathrooms
- Two matching units with comparable layouts and finishes
- New shingle roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,883
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,660
$597.7K
Cap Rate 7%
$426,900
$426.9K
Cap Rate 9%
$332,033
$332.0K
Market Conditions
NOI Build-Up for 2,588 SF
Gross rent
$45.0K $17.40/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$42.7K $16.50/SF
− OpEx
−$12.8K −$4.95/SF
NOI
$29.9K $11.55/SF
Area
Flagler County, FL
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,660
Cap Rate 7%
$426,900
Cap Rate 9%
$332,033
Alternative Uses
Best Use
Multifamily LT 5
$426.9K
$373.5K – $498.1K
NOI $29,883 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$379.3K
$331.9K – $442.5K
NOI $26,549 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$621.9K
$544.2K – $725.6K
NOI $43,534 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching units feature open layouts, patios, private backyard areas, and month-to-month leases.
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 $375,000.
What are key features of this property?
This property features: 2,588‑square‑foot duplex with 4 bedrooms and 4 bathrooms; Two matching units with comparable layouts and finishes; New shingle roof installed in 2024
