Block-Built Duplex with Canal
74 EMERSON Drive Palm Coast, FL 32164
For Sale
$575,000
MULTI_FAMILY - PALM COAST, FL
Property Size2,430 SF
Lot Size0.27 Acres
Price / SF$236.63
Days on Market54
Property Features for 74 EMERSON Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- DPX
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Dining Room, Bathroom 3, Bedroom 6
- Parking features
- Open
- Window features
- ENERGY STAR Qualified WIndows, Double Pane Windows, Blinds
- Patio and Porch features
- Porch
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior features
- Private Mailbox, Sliding Doors
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 07-11-31-7034-00030-0050
- Size
- 2,430 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PALM COAST SEC 34 BL 3 LT 5 OR 302 PG 739 OR 347 PG 614 OR 553 PG 1539 OR 619 PG 1820 OR 2404/1217
- Tax Annual Amount
- 7058
Utilities
- Utilities
- Cable Available
- Sewer type
- Holding Tank
- Heating system
- Electric (Heating), Central, Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
EXIT REALTY FIRST CHOICE
(386) 246-3161
Listed By:
Liliana Escobar · License #3277805
(386) 864-0025
Added: Jun 1
Changed: Jul 24
Last Checked: Jul 24 at 9:06AM
MLS# FC318927
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2023 block-built duplex offers two separate, bright layouts with ceramic tile flooring throughout and a modern open-concept great room. Each unit features 3 bedrooms and 2 bathrooms, a modern kitchen with stainless steel appliances and granite kitchen island and countertops, and sliding doors that open to a covered patio. Both units include a private 1-car garage and driveway parking. Additional storage is available via an attic ladder, and the property has a tiled shower in each bathroom.
The duplex sits on a 0.27-acre lot and overlooks a freshwater canal. The property is located at 74 EMERSON Drive in Palm Coast, Florida, within zoning DPX.
Total configuration is 6 bedrooms and 4 bathrooms across the two units, with a combined total of 3,356 square feet reported by the listing. Parking includes two 2-car garages and 8 driveway spaces as described, supporting both owner-occupied and tenant usage.
The duplex sits on a 0.27-acre lot and overlooks a freshwater canal. The property is located at 74 EMERSON Drive in Palm Coast, Florida, within zoning DPX.
Total configuration is 6 bedrooms and 4 bathrooms across the two units, with a combined total of 3,356 square feet reported by the listing. Parking includes two 2-car garages and 8 driveway spaces as described, supporting both owner-occupied and tenant usage.
Key Highlights
- Built in 2023 block duplex with 6 bedrooms and 4 bathrooms total
- 3,356 total SF, split into two units with 3 bedrooms and 2 bathrooms each
- Freshwater canal views from a covered patio with sliding doors in each unit
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 | $42.3k | $17.40 |
| − Vacancy | −$2.2k | −$0.90 |
| EGI | $40.1k | $16.50 |
| − OpEx | −$12.0k | −$4.95 |
| NOI | $28.1k | $11.55 |
2,430 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.8K
$350.7K – $467.6K
NOI $28,058 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$356.1K
$311.6K – $415.5K
NOI $24,928 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$583.9K
$511.0K – $681.3K
NOI $40,876 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Freshwater canal-view duplex built in 2023, offering two 3-bedroom units with covered patio and tiled flooring throughout.
Where is this duplex located?
The property is located at 74 EMERSON Drive Palm Coast, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Built in 2023 block duplex with 6 bedrooms and 4 bathrooms total; 3,356 total SF, split into two units with 3 bedrooms and 2 bathrooms each; Freshwater canal views from a covered patio with sliding doors in each unit
