Contemporary Duplex with Private
For Sale
$269,900
30 PONY Lane, Palm Coast, FL 32164
Residential, PALM COAST, FL
Property Size1,198 SF
Lot Size0.11 Acres
Price / SF$225.29
Days on Market12
Property Features for 30 PONY Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
DPX
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Interior features
Ceiling Fans(s)
Exterior features
Sliding Doors
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Subdivision
PALM COAST SEC 28
Directions
Belle Terre to Ponce De Leon to Pony Express to Pony.
Standard status
Active
APN
07-11-31-7028-00140-0030
Size
1,198 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PALM COAST SECTION 28 BLOCK 14 PART OF LOT 3 ELY 40' OR BOOK OR 176/176 OR 2219/1631-NO LEG OR 2219/1632 OR 2640/1236 OR 2657/606-CD OR 2772/867 OR 2884/885-DEV ORD
Tax Annual Amount
3515
Legal Description
PALM COAST SECTION 28 BLOCK 14 PART OF LOT 3 ELY 40' OR BOOK OR 176/176 OR 2219/1631-NO LEG OR 2219/1632 OR 2640/1236 OR 2657/606-CD OR 2772/867 OR 2884/885-DEV ORD
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Flooring type
Carpet, Tile, Vinyl
Building materials
HardiPlank Type, Frame
Roof type
Shingle
Listing Agency:
REALTY EXCHANGE, LLC
(386) 446-0017
Listed By:
Rosemarie Tallaksen · License #650157
(386) 931-3434
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 29 at 6:06PM
MLS# FC320666
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 was built in 2024 and contains 1,198 square feet on a 0.11-acre parcel. The property includes two bathrooms and three bedrooms, along with a kitchen equipped with a dishwasher, range, refrigerator, washer, and dryer. Central heating and central air are provided, while tile, carpet, and vinyl flooring are used throughout. Sliding doors connect the interior to a private yard, and ceiling fans add another interior feature.
Located at 30 Pony Lane in Palm Coast, the property carries DPX zoning. Construction includes HardiPlank siding and frame components, with a shingle roof. Public water and public sewer serve the property, and cable is available.
Located at 30 Pony Lane in Palm Coast, the property carries DPX zoning. Construction includes HardiPlank siding and frame components, with a shingle roof. Public water and public sewer serve the property, and cable is available.
Key Highlights
- Duplex built in 2024
- 1,198 square feet on a 0.11‑acre parcel
- DPX zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,833
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,660
$276.7K
Cap Rate 7%
$197,614
$197.6K
Cap Rate 9%
$153,700
$153.7K
Market Conditions
NOI Build-Up for 1,198 SF
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.
Gross rent
$20.8K $17.40/SF
− Vacancy
−$1.1K −$0.90/SF
EGI
$19.8K $16.50/SF
− OpEx
−$5.9K −$4.95/SF
NOI
$13.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,660
Cap Rate 7%
$197,614
Cap Rate 9%
$153,700
Alternative Uses
Best Use
Multifamily LT 5
$197.6K
$172.9K – $230.6K
NOI $13,833 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$175.6K
$153.6K – $204.8K
NOI $12,290 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$287.9K
$251.9K – $335.9K
NOI $20,152 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
120
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Recently constructed duplex with central HVAC, durable mixed flooring, and public water and sewer service.
Where is this duplex located?
The property is located at 30 PONY Lane Palm Coast, FL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Duplex built in 2024; 1,198 square feet on a 0.11‑acre parcel; DPX zoning
