2023 Duplex with Two
48 Regency Drive Palm Coast, FL 32164
New
48 Regency Drive, Palm Coast, FL, 32164
$489,900
For Sale
$489,900
MULTI_FAMILY - Palm Coast, FL
Property Size2,376 SF
Lot Size0.23 Acres
Price / SF$206.19
Days on Market3
Property Features for 48 Regency Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1
- Parking features
- Open, Garage, Off Street
- Appliances
- Refrigerator, Microwave, Electric Range, Dishwasher
- Standard status
- Active
- APN
- 07-11-31-7033-00190-0030
- Size
- 2,376 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALM COAST SECTION 33 BLOCK 00019 LOT 0003 SUBDIVISION COMPLETION YEAR 1981 OR 553 PG 1539OR 561 PG 203
- Tax Annual Amount
- 6270
Utilities
- Utilities
- Cable Available
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing Agency
Calnan Real Estate
(386) 675-1137
419 Ribault Avenue, FL
Listed by
Colleen Calnan · License #3173311
(386) 675-1136
Added: Jul 16 Checked: Jul 18 at 11:06 am
MLS# 1228718
Listing URL
Copyright © 2026 Daytona Beach Area Association of Realtors. 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.
Constructed in 2023, this duplex totals 2,376 square feet in a concrete block construction on a 0.23-acre lot. Each unit is laid out with 5 rooms, including 3 bedrooms and 2 bathrooms. Both sides include an open floor plan with high ceilings, a kitchen with white shaker cabinetry, a center island, granite countertops, and stainless appliances overlooking the family room, along with LPV flooring throughout. Each unit also features a separate covered patio facing the back preserve and includes its own electric and water meters.
The property is located at 48 Regency Drive in Palm Coast, FL (Flagler County). The listing includes a Freddie Mac First Look eligibility through 8/13/2026, with owner-occupant, non-profit, and NSP offers considered first. Buyer to pay doc stamps, and all measurements are approximate.
Both units mirror each other in configuration and amenities, providing a consistent two-tenant layout with individually metered utilities and enclosed garage space.
The property is located at 48 Regency Drive in Palm Coast, FL (Flagler County). The listing includes a Freddie Mac First Look eligibility through 8/13/2026, with owner-occupant, non-profit, and NSP offers considered first. Buyer to pay doc stamps, and all measurements are approximate.
Both units mirror each other in configuration and amenities, providing a consistent two-tenant layout with individually metered utilities and enclosed garage space.
Key Highlights
- Newer 2023‑built duplex with 2,376 sq. ft. concrete block construction on 0.23 acres in Palm Coast, FL
- Each unit has 3 bedrooms, 2 bathrooms, and 5 rooms, with an open floor plan and high ceilings
- Kitchens include white shaker cabinetry, center island, granite countertops, and stainless appliances
Local 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 | $41.3k | $17.40 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $39.2k | $16.50 |
| − OpEx | −$11.8k | −$4.95 |
| NOI | $27.4k | $11.55 |
2,376 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.9K
$342.9K – $457.3K
NOI $27,435 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$348.2K
$304.7K – $406.2K
NOI $24,374 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$571.0K
$499.6K – $666.1K
NOI $39,968 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly constructed duplex offers two mirrored units, each with three bedrooms, two baths, and a deep one-car garage.
Where is this duplex located?
The property is located at 48 Regency Drive Palm Coast, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Newer 2023‑built duplex with 2,376 sq. ft. concrete block construction on 0.23 acres in Palm Coast, FL; Each unit has 3 bedrooms, 2 bathrooms, and 5 rooms, with an open floor plan and high ceilings; Kitchens include white shaker cabinetry, center island, granite countertops, and stainless appliances
