2-Unit Duplex with
For Sale
Under Contract
$579,900
8 SECOND Path, Palm Coast, FL 32164
Residential Income, PALM COAST, FL
Property Size2,800 SF
Lot Size0.23 Acres
Price / SF$207.11
Days on Market51
Property Features for 8 SECOND Path
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
DPX
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Laundry Room, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 3
Parking features
Open
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Exterior features
Fence, Private Mailbox
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision
SEMINOLE WOODS
Directions
Seminole Woods Blvd onto Sesame trail onto Selma Trail onto Secretary Trail onto Second Path
Standard status
Active Under Contract
APN
07-11-31-7058-00790-0040
Size
2,800 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PALM COAST SEC 58 BLK 79 LOT 4 OR 553 PG 1539 OR 773 PG 755 OR 784/477 OR 1794/776 OR 2055/1159 OR 2326/804
Tax Annual Amount
580
Legal Description
PALM COAST SEC 58 BLK 79 LOT 4 OR 553 PG 1539 OR 773 PG 755 OR 784/477 OR 1794/776 OR 2055/1159 OR 2326/804
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
VIRTUAL HOMES REALTY
(386) 569-5383
Listed By:
Alina Pekarsky · License #3118291
(386) 445-9911
Added: Aug 21
Changed: Oct 10
Last Checked: Oct 10 at 8:06AM
MLS# FC320867
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 two-unit duplex offers 2,800 square feet of living area across two residences, each with three bedrooms and two bathrooms. Open layouts include kitchen islands, quartz counters, stainless steel appliances, luxury vinyl plank flooring, and electric fireplaces. Each home also has a primary suite with dual vanities, a walk-in closet, and a curbless shower, along with a screened lanai and fenced backyard. The property is fully leased and has DPX zoning.
The 0.23-acre property has public water and sewer service. Both units include a two-car garage.
The 0.23-acre property has public water and sewer service. Both units include a two-car garage.
Key Highlights
- 2,800 square feet of living area across two units
- Each unit has 3 bedrooms, 2 bathrooms, and a 2‑car garage
- Fully leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,331
Cap Rate
5.58%
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 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
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
25
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has three bedrooms, two bathrooms, an attached two-car garage, and a screened lanai.
Where is this duplex located?
The property is located at 8 SECOND Path 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: 2,800 square feet of living area across two units; Each unit has 3 bedrooms, 2 bathrooms, and a 2‑car garage; Fully leased
