Duplex with Modern Interior
64 EMERSON DR, Palm Coast, FL 32164
For Sale
$579,900
Each residence offers 1,311 square feet, quartz kitchen counters, shaker cabinetry, and a living-room fireplace.
Property Size2,622 SF
Price / SF$221.17
Days on Market113
Property Features for 64 EMERSON DR
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
Building Details
Building Size
Year Built
Buildings
Listing Agency:
FLORIDA HOMES REALTY & MORTGAGE
Listed By:
Joe Soares · License FL #3098349
(904) 996-9115
Source:
Coastalventures
Added: Jul 21
Changed: Nov 10
Last Checked: Nov 9 at 2:28PM
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 FLORIDA HOMES REALTY & MORTGAGE
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Investment Insights
Based on property information with market context.
This 2026 duplex contains two residences, each with 1,311 square feet of living space. Interior features include quartz kitchen countertops, shaker-style cabinets, vinyl plank flooring, upgraded bathroom finishes, and a fireplace in each living room. Custom casings frame the windows and doors, and solid corridors run through the homes.
A second duplex at 62 Emerson Drive is also available; the two properties are described as side by side.
A second duplex at 62 Emerson Drive is also available; the two properties are described as side by side.
Key Highlights
- Two residences with 1,311 square feet per unit
- Built in 2026
- Kitchens feature quartz countertops and shaker cabinets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,275
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,500
$605.5K
Cap Rate 7%
$432,500
$432.5K
Cap Rate 9%
$336,389
$336.4K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$45.6K $17.40/SF
− Vacancy
−$2.4K −$0.90/SF
EGI
$43.3K $16.50/SF
− OpEx
−$13.0K −$4.95/SF
NOI
$30.3K $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 Rate 5%
$605,500
Cap Rate 7%
$432,500
Cap Rate 9%
$336,389
Alternative Uses
Best Use
Multifamily LT 5
$432.5K
$378.4K – $504.6K
NOI $30,275 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.3K
NOI $26,897 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$630.1K
$551.3K – $735.1K
NOI $44,106 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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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
$308,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Palm Coast, FL
Properties on Market for Duplexes in Palm Coast
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers 1,311 square feet, quartz kitchen counters, shaker cabinetry, and a living-room fireplace.
Where is this duplex located?
The property is located at 64 EMERSON DR 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: Two residences with 1,311 square feet per unit; Built in 2026; Kitchens feature quartz countertops and shaker cabinets
