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New Construction Duplex
New
For Sale
$575,000
Pending

4 SLATOR COURT, Palm Coast, FL 32164

Both residences are leased and include private fenced yards, screened lanais, and two-car garages.

Property Size2,800 SF
Days on Market6

Property Features for 4 SLATOR COURT

General Information

Standard status Pending
Size 2,800 SF
Total Parking Spaces 4
Property subtype Duplex
Occupancy 100%

Financials

Gross Income $52,200
Average Monthly Rent $2,175

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

screened lanai
fenced backyard
electric fireplace

Building Details

Year Built 2026
Buildings 1
Tenancy Multi
Listing Agency: VIRTUAL HOMES REALTY
Listed By: Alina Pekarsky · License #3118291
Source: Endlesssummerrealty
Added: Oct 5 Changed: Oct 10 Last Checked: Oct 9 at 11:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VIRTUAL HOMES REALTY

Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two matching residences, each with 3 bedrooms, 2 bathrooms, and 1,400 square feet of living area. Combined living space totals 2,800 square feet, with 4,146 total square feet overall. Both sides are leased and have their own two-car garage, screened lanai, and fenced backyard. The property has no HOA and includes a builder’s warranty.

Interior features include luxury vinyl plank flooring, quartz countertops, stainless steel appliances, recessed LED lighting, and ceiling fans in every bedroom. Open layouts incorporate high ceilings, kitchen islands, electric fireplaces, and sliding doors to the lanais. Each primary suite has a walk-in closet, dual vanities, and a curbless, frameless shower.

Key Highlights

  • Two leased residences, each with 3 bedrooms, 2 bathrooms, and 1,400 living square feet
  • 2,800 square feet of combined living area and 4,146 total square feet
  • Built in 2026; builder’s warranty included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,331
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,620 $646.6K
Cap Rate 7%
$461,871 $461.9K
Cap Rate 9%
$359,233 $359.2K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$48.7K $17.40/SF
− Vacancy
−$2.5K −$0.90/SF
EGI
$46.2K $16.50/SF
− OpEx
−$13.9K −$4.95/SF
NOI
$32.3K $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%
$646,620
Cap Rate 7%
$461,871
Cap Rate 9%
$359,233

Alternative Uses

Best Use
Multifamily LT 5
$461.9K
$404.1K – $538.9K (±1% cap)
NOI $32,331 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.7K (±1% cap)
NOI $28,723 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K (±1% cap)
NOI $47,100 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased and include private fenced yards, screened lanais, and two-car garages.
Where is this duplex located?
The property is located at 4 SLATOR COURT Palm Coast, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two leased residences, each with 3 bedrooms, 2 bathrooms, and 1,400 living square feet; 2,800 square feet of combined living area and 4,146 total square feet; Built in 2026; builder’s warranty included
More about this property
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