Owner-Occupied Duplex with Two
53 LOUISIANA DRIVE, Palm Coast, FL 32137
New
multifamily - PALM COAST, FL
Property size:
2,532 SFLot size:
0.23 AcresPrice / SF:
$231/SF- Added:
- Jun 18, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 19 at 1:06 am
Property Features for 53 LOUISIANA DRIVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- APPLIANCES: WASHER, OPEN FLOORPLAN, SOLID SURFACE COUNTERS, VAULTED CEILING(S), EAT-IN KITCHEN, APPLIANCES: RANGE, UNFURNISHED, SOLID SURFACE COUNTERS, LIVING ROOM/DINING ROOM COMBO, WALK-IN CLOSET(S), APPLIANCES: DISHWASHER, APPLIANCES: ELECTRIC WATER HEATER, APPLIANCES: REFRIGERATOR, APPLIANCES: WASHER, CEILING FANS(S), OPEN FLOORPLAN, VAULTED CEILING(S), APPLIANCES: DRYER, WALK-IN CLOSET(S), APPLIANCES: RANGE, APPLIANCES: REFRIGERATOR, PRIMARY BEDROOM MAIN FLOOR
- Exterior features
- BLOCK, STUCCO
- Standard status
- Active
- Size
- 2,532 SF
- Lot size
- 0.23 Acres
Utilities
- Utilities
- Electricity Available, Water Available
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2024
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ana Medeiros (386) 931-6579
Listing office Premier Properties 211 St. Joe Plaza Drive, FL (386) 445-5880
Listing date Jun 18, 2026
MLS# FC319354
Listing URL
Copyright © 2026 Coldwell Banker Schmidt 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
- Owner‑occupied duplex built in 2024 with 1,265 SF per unit, 2 full baths, and an attached two‑car garage
- Open floorplan in each unit with vaulted ceilings and a living room/dining room combo
- Kitchens feature solid surface counters, stainless steel appliances, pantry closet, and sliding doors to the lanai
- Primary suite on side B includes a cozy fireplace and a walk‑in closet
- Central electric heating and central air cooling; electric water heater
- Exterior includes stucco over block construction with shingle roof; utilities include electricity and water available
Overview
This well-maintained, owner-occupied duplex was custom crafted with premium finishes and an open-concept layout. Each unit offers a living room, dining area, and kitchen that flow together, with two full bathrooms and an attached two-car garage. The kitchen includes quartz countertops, shaker cabinetry, stainless steel appliances, an exhaust fan, recessed lighting, a pantry closet, and sliding doors leading to a lanai. Vaulted ceilings run through the main living area, and durable luxury ceramic tile plank flooring extends throughout the homes.
Side B includes a cozy fireplace in the primary suite, along with a kitchen island. Both units feature generous walk-in closets and upgraded ensuite finishes, including glass shower doors and tile that extends to the ceiling in both master showers. A backyard shed provides additional storage, and exterior improvements include rain gutters, St. Augustine grass, and a sprinkler system on a well with upgraded landscaping.
Located in Matanzas Woods with short-distance access to schools, Advent Health Hospital, and shopping and dining options, the property also offers easy access to I-95 and US-1. With two separate, fully built-out residences and attached parking, the duplex can work well for buyers planning to live in one unit while renting the other, or for investors seeking a residential income property with modern, consistent interior finishes in both homes.
Side B includes a cozy fireplace in the primary suite, along with a kitchen island. Both units feature generous walk-in closets and upgraded ensuite finishes, including glass shower doors and tile that extends to the ceiling in both master showers. A backyard shed provides additional storage, and exterior improvements include rain gutters, St. Augustine grass, and a sprinkler system on a well with upgraded landscaping.
Located in Matanzas Woods with short-distance access to schools, Advent Health Hospital, and shopping and dining options, the property also offers easy access to I-95 and US-1. With two separate, fully built-out residences and attached parking, the duplex can work well for buyers planning to live in one unit while renting the other, or for investors seeking a residential income property with modern, consistent interior finishes in both homes.
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 | $44.1k | $17.40 |
| − Vacancy | −$2.3k | −$0.90 |
| EGI | $41.8k | $16.50 |
| − OpEx | −$12.5k | −$4.95 |
| NOI | $29.2k | $11.55 |
2,532 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.7K
$365.5K – $487.3K
NOI $29,236 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$371.1K
$324.7K – $432.9K
NOI $25,974 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$608.5K
$532.4K – $709.9K
NOI $42,592 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2662022
- Latitude
- 29.6053541
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex with open-concept interiors, two full baths per unit, and attached two-car garages.
Where is this duplex located?
The property is located at 53 LOUISIANA DRIVE Palm Coast, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Owner‑occupied duplex built in 2024 with 1,265 SF per unit, 2 full baths, and an attached two‑car garage; Open floorplan in each unit with vaulted ceilings and a living room/dining room combo; Kitchens feature solid surface counters, stainless steel appliances, pantry closet, and sliding doors to the lanai
