Two-Unit Duplex with Attached
For Sale
$449,900
8 Slatington Place A & B, Palm Coast, FL 32164
Each residence pairs a three-bedroom layout with its own kitchen, laundry room, garage, and covered patio.
Property Size2,477 SF
Price / SF$181.63
Days on Market42
Property Features for 8 Slatington Place A & B
General Information
Standard status
Active
Size
2,477 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,692
Building Details
Building Size
2,477 SF
Year Built
2005
Buildings
1
Listing Agency:
Coastal Ventures Real Estate
Listed By:
Ashley Flatley · License #3361969
(904) 315-8547
Source:
Coastalventures
Added: Sep 17
Changed: Oct 26
Last Checked: Oct 26 at 3:19PM
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 Coastal Ventures Real Estate
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Investment Insights
Based on property information with market context.
Built in 2005, this 2,477-square-foot duplex contains two independent residences with closely matched layouts. Each side has three bedrooms, two full bathrooms, a separate kitchen and living area, an interior laundry room, and an attached one-car garage. Vaulted ceilings span the main living spaces, while sliding doors open to a covered rear patio for each residence.
The kitchens feature white cabinetry, granite countertops, stainless steel appliances, a pantry, and a peninsula facing the living area. The primary bedroom sits toward the rear of each unit and includes a walk-in closet; two additional bedrooms are positioned near the front. Recent updates have been completed, and the property has a history of being rented on both sides.
The Palm Coast setting provides access to shopping, groceries, and restaurants along the Belle Terre Parkway, Cypress Point Parkway, and Palm Coast Parkway corridors. The area also has trails, parks, and natural areas, with the Flagler Beaches and Atlantic shoreline farther east.
The kitchens feature white cabinetry, granite countertops, stainless steel appliances, a pantry, and a peninsula facing the living area. The primary bedroom sits toward the rear of each unit and includes a walk-in closet; two additional bedrooms are positioned near the front. Recent updates have been completed, and the property has a history of being rented on both sides.
The Palm Coast setting provides access to shopping, groceries, and restaurants along the Belle Terre Parkway, Cypress Point Parkway, and Palm Coast Parkway corridors. The area also has trails, parks, and natural areas, with the Flagler Beaches and Atlantic shoreline farther east.
Key Highlights
- Two independent residences, each with 3 bedrooms and 2 full bathrooms
- 2,477‑square‑foot duplex built in 2005
- Each side has an attached one‑car garage, interior laundry, and covered rear patio
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
NOI $28,601 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$363.0K
$317.6K – $423.5K
NOI $25,410 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$595.2K
$520.8K – $694.5K
NOI $41,667 @ 7.0% cap · market cap 9.26%
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
35
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence pairs a three-bedroom layout with its own kitchen, laundry room, garage, and covered patio.
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 independent residences, each with 3 bedrooms and 2 full bathrooms; 2,477‑square‑foot duplex built in 2005; Each side has an attached one‑car garage, interior laundry, and covered rear patio
