New Construction Duplex
35 FRENEAU Lane Palm Coast, FL 32137
For Sale
$569,900
Pending
MULTI_FAMILY - PALM COAST, FL
Property Size2,622 SF
Lot Size0.23 Acres
Days on Market118
Property Features for 35 FRENEAU Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- DPX
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Family Room, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Dining Room, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
- Interior features
- Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s)
- Exterior features
- Rain Gutters
- Fireplace
- 1
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Standard status
- Pending
- APN
- 07-11-31-7010-00280-0180
- Size
- 2,622 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALM COAST SECTION 10 BL 28 LOT 18 OR 538 PG 835
- Tax Annual Amount
- 1054
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing Agency:
LIVIN PARADISE REALTY LLC
(386) 276-3600
Listed By:
Antonio Silva · License #3316327
(862) 371-0000
Added: Mar 31
Changed: Jul 24
Last Checked: Jul 26 at 8:06AM
MLS# FC317019
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.
New construction duplex offered for sale at 35 FRENEAU Lane in Palm Coast, FL 32137. The property is configured as two separate units, each with modern interior finishes throughout. Interiors feature quartz countertops and shaker-style cabinetry in the kitchens, along with ceramic tile plank flooring. Upgraded bathroom details, custom casings around windows and doors, and solid corridors complete the overall build-out. A modern fireplace serves as a focal point in the living room.
The property is zoned DPX. The seller’s remarks note it is located within a highly regarded school system.
This is a turnkey duplex option for buyers seeking a new construction, dual-unit residential income property with consistent, contemporary finishes across both units.
The property is zoned DPX. The seller’s remarks note it is located within a highly regarded school system.
This is a turnkey duplex option for buyers seeking a new construction, dual-unit residential income property with consistent, contemporary finishes across both units.
Key Highlights
- New‑construction duplex (2026) with central heating and central air
- 1,311 sq ft living space in each unit
- Eat‑in kitchen and open floorplan with crown molding, high ceilings, and stone counters
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 | $45.6k | $17.40 |
| − Vacancy | −$2.4k | −$0.90 |
| EGI | $43.3k | $16.50 |
| − OpEx | −$13.0k | −$4.95 |
| NOI | $30.3k | $11.55 |
2,622 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$432.5K
$378.4K – $504.6K
NOI $30,275 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.3K
NOI $26,897 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$630.1K
$551.3K – $735.1K
NOI $44,106 @ 7.0% cap · market cap 7.74%
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 - New construction duplex with modern interior finishes, including quartz countertops and tile plank flooring in each unit.
Where is this duplex located?
The property is located at 35 FRENEAU Lane Palm Coast, FL.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: New‑construction duplex (2026) with central heating and central air; 1,311 sq ft living space in each unit; Eat‑in kitchen and open floorplan with crown molding, high ceilings, and stone counters
