Duplex with Screened
For Sale
$535,000
8 FAWN LANE #A, Palm Coast, FL 32137
Both residences include private two-car garage capacity and screened outdoor space.
Property Size2,800 SF
Price / SF$191.07
Days on Market58
Property Features for 8 FAWN LANE #A
General Information
Standard status
Active
Size
2,800 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Amenities
screened lanai
0.26 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 07-11-31-7002-00030-0170, Public Survey Range: 31, Public Survey Section: 07, Annual Amount: $4,232, Tax Block: 3, Tax Book Number: 553 PG 153, Legal Description: PALM COAST SEC 2 BL 3 LT 17 OR 553 PG 1539 OR 752 PG 761 OR 1019 PG 642 OR 1124 PG 6, Lot: 17, Year: 2025, Zoning: DPX
2 spaces
Gross Income: $43,200
Central Air
Electric, Heat Pump
In Garage
Listing ID: MFRFC320749, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-08-17, 1 day on market, Special Conditions: None
6 total bedrooms
Built in 2005, Living area: 2800, Living area units: Square Feet, Construction Materials: Brick, Concrete, Stucco
Subdivision: FAWN OAKS PALM COAST SEC 02 SUNRISE PLAZA, MLS Area (Major): 32137 - Palm Coast, County/Parish: Flagler
4 total bathrooms
Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Water Connected, Water Source: Public
Slab
Road Surface: Paved
Private Mailbox
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
Other equipment: Irrigation Equipment
Building Details
Year Built
2005
Buildings
1
Listing Agency:
REALTY EXECUTIVES OCEANSIDE
(386) 506-8008
Listed By:
Basantee Zinkhan · License #3438155
(646) 209-5801
Source:
Miharaandassociates
Added: Aug 17
Changed: Oct 13
Last Checked: Oct 12 at 7:11PM
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 REALTY EXECUTIVES OCEANSIDE
Investment Insights
Based on property information with market context.
Built in 2005, this duplex contains two residences with matching three-bedroom, two-bath layouts. Each unit offers 1,400 square feet of heated area, a screened lanai, and a two-car garage, for 2,800 square feet across the property. The roof was replaced in 2020. A new stove and additional garage features were added in 2026 in the owner's unit.
The property is located in the Palm Harbor Community of Palm Coast at 8 Fawn Lane. James F. Holland Memorial Park is nearby, with supermarkets, pharmacies, gas stations, banks, and restaurants also located within the surrounding area. Flagler Beach and Matanzas Beach are approximately 15 minutes away, while St. Augustine is approximately 30 minutes away.
The property is located in the Palm Harbor Community of Palm Coast at 8 Fawn Lane. James F. Holland Memorial Park is nearby, with supermarkets, pharmacies, gas stations, banks, and restaurants also located within the surrounding area. Flagler Beach and Matanzas Beach are approximately 15 minutes away, while St. Augustine is approximately 30 minutes away.
Key Highlights
- Two‑unit property with 2,800 square feet of total property size
- Each unit includes 3 bedrooms, 2 full bathrooms, and 1,400 Sqft of heated area
- Screened lanai and 2 car Garage provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,331
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
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
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 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 6.04%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.7K
NOI $28,723 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K
NOI $47,100 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Explore this area
Business Placement
Demographics for 32137, FL
46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private two-car garage capacity and screened outdoor space.
Where is this duplex located?
The property is located at 8 FAWN LANE #A Palm Coast, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two‑unit property with 2,800 square feet of total property size; Each unit includes 3 bedrooms, 2 full bathrooms, and 1,400 Sqft of heated area; Screened lanai and 2 car Garage provided for each unit
