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Updated Three-Bedroom Duplex

8 Slatington Place #A & B, Palm Coast, FL 32164

For Sale
$449,900

Two independent residences combine comfortable layouts, private garages, interior laundry, and covered outdoor areas in Palm Coast.

Property Size2,477 SF
Price / SF$181.63
Days on Market53

Property Features for 8 Slatington Place #A & B

General Information

Standard status Active
Size 2,477 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

private garage
interior laundry
covered patio
updated kitchen
granite countertops
stainless steel appliances
walk-in closet

Building Details

Year Built 2005
Buildings 1
Listing Agency: RE/MAX Signature
Listed By: Kevin Kling · License FL #3046851
Source: 386realestate
Added: Sep 19 Changed: Nov 10 Last Checked: Nov 10 at 8:47AM

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 RE/MAX Signature

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Investment Insights

Based on property information with market context.

This Palm Coast duplex contains two separately accessed residences within a 2,477-square-foot property built in 2005. Each side includes three bedrooms, two full bathrooms, a private attached one-car garage, interior laundry, pantry storage, and a covered rear patio. The residences follow a similar floor plan, with bedrooms positioned toward the front and open kitchen, dining, and living areas arranged beneath vaulted ceilings. Updated kitchens feature white cabinetry, granite countertops, tile backsplash, stainless steel appliances, and peninsula seating. Each primary bedroom includes a walk-in closet, while sliding glass doors connect the living area to the covered outdoor space.

The property is located near the Belle Terre Parkway, Cypress Point Parkway, and Palm Coast Parkway corridors, with grocery stores, shopping, restaurants, trails, parks, and natural areas throughout Palm Coast. Flagler Beaches provides access to Atlantic shoreline recreation, including fishing, boating, kayaking, golf, and waterfront dining.

Key Highlights

  • Two‑residence duplex at 8 Slatington Place #A & B, Palm Coast, FL 32164
  • 2,477‑square‑foot property built in 2005
  • Each residence offers 3 bedrooms and 2 full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,601
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,020 $572.0K
Cap Rate 7%
$408,586 $408.6K
Cap Rate 9%
$317,789 $317.8K
Market Conditions
NOI Build-Up for 2,477 SF
Gross rent
$43.1K $17.40/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$40.9K $16.50/SF
− OpEx
−$12.3K −$4.95/SF
NOI
$28.6K $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%
$572,020
Cap Rate 7%
$408,586
Cap Rate 9%
$317,789

Alternative Uses

Best Use
Multifamily LT 5
$408.6K
$357.5K – $476.7K (±1% cap)
NOI $28,601 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$363.0K
$317.6K – $423.5K (±1% cap)
NOI $25,410 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$595.2K
$520.8K – $694.5K (±1% cap)
NOI $41,667 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Palm Coast, FL

$209 Jul
$208 Aug
$201 Sep
$199 Oct

Properties on Market for Duplexes in Palm Coast

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two independent residences combine comfortable layouts, private garages, interior laundry, and covered outdoor areas in Palm Coast.
Where is this duplex located?
The property is located at 8 Slatington Place #A & B Palm Coast, FL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑residence duplex at 8 Slatington Place #A & B, Palm Coast, FL 32164; 2,477‑square‑foot property built in 2005; Each residence offers 3 bedrooms and 2 full bathrooms
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