Well-Maintained Duplex
For Sale
Contact for pricing
5 Rainbow Lane, Palm Coast, FL 32164
A well-maintained duplex with two leased units, each featuring a private entrance and dedicated parking.
Property SizeContact for details
Days on Market158
Property Features for 5 Rainbow Lane
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
2022
Units
2
Tenancy
Multi
Listing Agency:
Redfin Corporation
(407) 913-3665
Listed By:
Thomas Bayrouty
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Jul 20 at 8:59PM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate units with functional layouts, private entrances, and dedicated parking for each unit. Both units are currently leased through the end of October, providing immediate rental income for an investor.
The property is located in a quiet residential area of Palm Coast, with convenient access to shopping, dining, parks, and major roadways. It also offers easy access to the beach and surrounding communities.
As a residential income duplex, the asset is designed for straightforward rental operations with two independently accessed units on the same property.
The property is located in a quiet residential area of Palm Coast, with convenient access to shopping, dining, parks, and major roadways. It also offers easy access to the beach and surrounding communities.
As a residential income duplex, the asset is designed for straightforward rental operations with two independently accessed units on the same property.
Key Highlights
- Well‑maintained duplex built in 2022 in Palm Coast
- Two units are currently leased through the end of October
- Each unit has a private entrance
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
109
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
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Frequently Asked Questions
What type of property is this?
Duplex - A well-maintained duplex with two leased units, each featuring a private entrance and dedicated parking.
Where is this duplex located?
The property is located at 5 Rainbow Lane Palm Coast, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 2022 in Palm Coast; Two units are currently leased through the end of October; Each unit has a private entrance
