Palm Coast Duplex Investment
5 Rainbow Lane, Palm Coast, FL 32164
MULTI_FAMILY - Palm Coast, FL
Property size:
1,954 SFLot size:
0.23 AcresPrice / SF:
$243/SF- Added:
- Mar 5, 2026
- Days on Market:
- 70
- Last Refresh:
- May 14 at 10:06 pm
Property Features for 5 Rainbow Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 2
- Parking features
- Open
- Standard status
- Active
- APN
- 07-11-31-7030-00260-0030
- Size
- 1,954 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALM COAST SEC 30 BL 26 LT 3 OR 274 PG 472 OR 679 PG 510
- Tax Annual Amount
- 5844
Utilities
- Utilities
- Cable Available
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
Listing agent Thomas Bayrouty (407) 913-3665
Listing office Redfin Corporation 491 Montgomery Pl. Ste 1001, Orlando, FL (407) 415-7078
Listing date Mar 5, 2026
MLS# 1223786
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.
HighLights
- Immediate Rental Income: Leased through October for instant cash flow.
- Well‑Maintained Duplex: Ensuring reduced maintenance costs.
- Built in 2022: Relatively new construction.
- Functional Layouts & Private Entrances: Each unit offers comfortable living and dedicated parking.
- Convenient Location: Near shopping, dining, parks, major roadways, and the beach.
- Solid Investment Opportunity: Income‑producing property in a growing neighborhood.
Overview
Located at 5 Rainbow Ln in Palm Coast, this well-maintained duplex presents an investor opportunity. Both units are currently leased through the end of October, providing immediate rental income. Each unit offers comfortable living space with functional layouts, private entrances, and dedicated parking. The property is situated in a quiet residential area of Palm Coast, conveniently located near shopping, dining, parks, and major roadways, with easy access to the beach and surrounding communities. The property size is 1954 square feet and the lot size is 0.23 acres. This duplex presents a solid investment in one of Palm Coast's growing neighborhoods.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.223157
- Latitude
- 29.511708
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex in Palm Coast, fully leased, generating immediate income.
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 $475,000.
What are key features of this property?
This property features: Immediate Rental Income: Leased through October for instant cash flow.; Well‑Maintained Duplex: Ensuring reduced maintenance costs.; Built in 2022: Relatively new construction.
