Newer Duplex with Separate
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 Size2,373 SF
Lot Size0.23 Acres
Price / SF$206.45
Days on Market7
Property Features for 48 REGENCY Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- DPX
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4
- Interior features
- High Ceilings
- Standard status
- Active
- APN
- 07-11-31-7033-00190-0030
- Size
- 2,373 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
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Building materials
- Block
- Roof type
- Shingle
Listing agency
CALNAN REAL ESTATE
(386) 675-1137
Listed by
Colleen Calnan · License #3173311
(781) 983-4852
Added: Jul 16 Updated: Jul 22 at 12:36PM Checked: Jul 22 at 3:06PM
MLS# V4950271
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 newer duplex was constructed in 2023 and totals approximately 2,376 square feet of concrete block construction on a 0.23-acre lot. Each unit includes 5 rooms with 3 bedrooms and 2 bathrooms, plus an open floor plan with high ceilings. Kitchens feature white shaker cabinetry, a center island, granite countertops, and stainless appliances, and the units include LPV flooring throughout. Each apartment also has its own deep 1-car garage and a separate covered patio at the rear of the property.
The duplex has separate electric and water meters for each unit. The back patio area faces a preserve. The listing is for sale and notes that the property is eligible under the Freddie Mac First Look Initiative through 8/13/2026, with Owner Occupants, non-profit, and Neighborhood Stabilization Program offers considered under First Look.
Buyers should verify zoning for any rental restrictions. The listing indicates buyers will pay doc stamps, and all measurements are approximate.
The duplex has separate electric and water meters for each unit. The back patio area faces a preserve. The listing is for sale and notes that the property is eligible under the Freddie Mac First Look Initiative through 8/13/2026, with Owner Occupants, non-profit, and Neighborhood Stabilization Program offers considered under First Look.
Buyers should verify zoning for any rental restrictions. The listing indicates buyers will pay doc stamps, and all measurements are approximate.
Key Highlights
- Built in 2023 duplex offers 2,376 sq. ft. total on 0.23 acres in Palm Coast, FL
- Each unit has 3 bedrooms, 2 bathrooms, 5 rooms, and an open floor plan with high ceilings
- Kitchens feature 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 | $39.1k | $16.50 |
| − OpEx | −$11.7k | −$4.95 |
| NOI | $27.4k | $11.55 |
2,373 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.4K
$342.5K – $456.7K
NOI $27,400 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$347.8K
$304.3K – $405.7K
NOI $24,343 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$570.3K
$499.0K – $665.3K
NOI $39,918 @ 7.0% cap · market cap 8.15%
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 - Constructed in 2023, this duplex offers two mirrored units with covered patios, separate meters, and attached 1-car garages.
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: Built in 2023 duplex offers 2,376 sq. ft. total on 0.23 acres in Palm Coast, FL; Each unit has 3 bedrooms, 2 bathrooms, 5 rooms, and an open floor plan with high ceilings; Kitchens feature white shaker cabinetry, center island, granite countertops, and stainless appliances
