Brand-New Duplex With Two
86 EMERSON Drive Palm Coast, FL 32164
86 EMERSON Drive, Palm Coast, FL, 32164
$649,900
For Sale
$649,900
MULTI_FAMILY - PALM COAST, FL
Property Size3,087 SF
Lot Size0.23 Acres
Price / SF$210.53
Days on Market58
Property Features for 86 EMERSON Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- DPX
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 2, Bedroom 3
- Interior features
- High Ceilings
- Exterior features
- Sliding Doors
- Appliances
- Dishwasher, Disposal, Range, Refrigerator
- Standard status
- Active
- APN
- 07-11-31-7034-00020-0050
- Size
- 3,087 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALM COAST SECTION 34 BLOCK 00002 LOT 0005 SUBDIVISION COMPLETION YEAR 1982 OR 465 PG 1899 OR 2301/1605
- Tax Annual Amount
- 9671
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Building materials
- Block
- Roof type
- Shingle
Listing agency
APEX REALTY LLC
(386) 986-5053
Listed by
Elena Tchoumakova · License #3228404
(386) 986-5053
Added: May 25 Updated: Jul 20 at 9:09PM Checked: Jul 21 at 8:06AM
MLS# FC318883
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 brand-new duplex offers two separate living spaces, each configured with 3 bedrooms and 2 bathrooms. Each side includes a 2-car garage and a modern interior with features such as high ceilings and stainless steel kitchen appliances, along with quartz countertops and a tiled backsplash.
The property is located at 86 Emerson Drive in Palm Coast, Florida, within minutes of Publix, Town Center, shopping, and restaurants. Flagler Beach is described as about 15 minutes by drive.
Overall, the duplex provides a total of six bedrooms and four bathrooms across both units, with 10-foot ceilings noted and interior finishes that include solid interior doors and ceiling fans throughout.
The property is located at 86 Emerson Drive in Palm Coast, Florida, within minutes of Publix, Town Center, shopping, and restaurants. Flagler Beach is described as about 15 minutes by drive.
Overall, the duplex provides a total of six bedrooms and four bathrooms across both units, with 10-foot ceilings noted and interior finishes that include solid interior doors and ceiling fans throughout.
Key Highlights
- Brand‑new construction duplex (2024) under construction with 6 total bedrooms and 4 total bathrooms
- Each side offers 3 bedrooms and 2 bathrooms with 1,538 sq. ft overall plus a 2‑car garage per side (440 sq. ft)
- 10‑foot ceiling and high ceilings, with 12‑ft ceiling height in the living area and master bedroom
Local 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 | $53.7k | $17.40 |
| − Vacancy | −$2.8k | −$0.90 |
| EGI | $50.9k | $16.50 |
| − OpEx | −$15.3k | −$4.95 |
| NOI | $35.6k | $11.55 |
3,087 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$509.2K
$445.6K – $594.1K
NOI $35,644 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$452.4K
$395.9K – $527.8K
NOI $31,668 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$741.8K
$649.1K – $865.5K
NOI $51,928 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - New construction duplex features two separate 3-bedroom, 2-bath units with a 2-car garage each.
Where is this duplex located?
The property is located at 86 EMERSON Drive Palm Coast, FL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Brand‑new construction duplex (2024) under construction with 6 total bedrooms and 4 total bathrooms; Each side offers 3 bedrooms and 2 bathrooms with 1,538 sq. ft overall plus a 2‑car garage per side (440 sq. ft); 10‑foot ceiling and high ceilings, with 12‑ft ceiling height in the living area and master bedroom
