New Construction Duplex with Screened
For Sale
$579,900
Pending
6 UNICORN COURT A & B, Palm Coast, FL 32164
Two mirrored residences each offer three bedrooms, two baths, a screened lanai, and a private fenced backyard.
Property Size2,800 SF
Days on Market22
Property Features for 6 UNICORN COURT A & B
General Information
Standard status
Pending
Size
2,800 SF
Total Parking Spaces
4
Property subtype
Duplex
Amenities
screened lanai
private fenced backyard
electric fireplace
custom TV niche
quartz countertops
large center island
stainless steel appliances
luxury vinyl plank flooring
LED recessed lighting
ceiling fans
Building Details
Year Built
2026
Buildings
1
Tenancy
Multi
Listing Agency:
VIRTUAL HOMES REALTY
(386) 569-5383
Listed By:
Alina Pekarsky · License #3118291
Source:
Endlesssummerrealty
Added: Jul 27
Changed: Aug 16
Last Checked: Aug 17 at 6:47AM
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 VIRTUAL HOMES REALTY
Investment Insights
Based on property information with market context.
New construction duplex featuring two mirrored residences, each with three bedrooms and two bathrooms. Each side includes a 2-car garage, a screened lanai, and a private fenced backyard, with an open-concept layout that highlights bright living spaces and soaring ceilings.
Inside, the kitchen is appointed with quartz countertops, a large center island, stainless steel appliances, and ample cabinetry. The family room includes a contemporary electric fireplace with a custom TV niche and double sliding glass doors leading to the screened lanai. The split-bedroom design provides privacy, with each primary suite offering a walk-in closet and an en-suite bath with dual vanities and a spacious walk-in shower, while the guest bedrooms share a bathroom with a tub/shower combination.
The homes are designed for low-maintenance living, with luxury vinyl plank flooring throughout, LED recessed lighting, and ceiling fans in every bedroom. Year built is 2026. Total living space is 2,800 SF, with 4,146 total SF across both sides.
Inside, the kitchen is appointed with quartz countertops, a large center island, stainless steel appliances, and ample cabinetry. The family room includes a contemporary electric fireplace with a custom TV niche and double sliding glass doors leading to the screened lanai. The split-bedroom design provides privacy, with each primary suite offering a walk-in closet and an en-suite bath with dual vanities and a spacious walk-in shower, while the guest bedrooms share a bathroom with a tub/shower combination.
The homes are designed for low-maintenance living, with luxury vinyl plank flooring throughout, LED recessed lighting, and ceiling fans in every bedroom. Year built is 2026. Total living space is 2,800 SF, with 4,146 total SF across both sides.
Key Highlights
- 2026 new construction duplex with two mirrored residences
- Each side has three bedrooms, two bathrooms, and a split‑bedroom layout
- Screened lanai plus private fenced backyard on each side
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,331
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$646,620
$646.6K
Cap Rate 7%
$461,871
$461.9K
Cap Rate 9%
$359,233
$359.2K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$48.7K $17.40/SF
− Vacancy
−$2.5K −$0.90/SF
EGI
$46.2K $16.50/SF
− OpEx
−$13.9K −$4.95/SF
NOI
$32.3K $11.55/SF
Area
Flagler County, FL
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$646,620
Cap Rate 7%
$461,871
Cap Rate 9%
$359,233
Alternative Uses
Best Use
Multifamily LT 5
$461.9K
$404.1K – $538.9K
NOI $32,331 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.7K
NOI $28,723 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K
NOI $47,100 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
19
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 - Two mirrored residences each offer three bedrooms, two baths, a screened lanai, and a private fenced backyard.
Where is this duplex located?
The property is located at 6 UNICORN COURT A & B Palm Coast, FL.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: 2026 new construction duplex with two mirrored residences; Each side has three bedrooms, two bathrooms, and a split‑bedroom layout; Screened lanai plus private fenced backyard on each side
