Two-Unit
91 Plain View Dr, Palm Coast, FL 32164
For Sale
$535,000
Each residence has three bedrooms and two bathrooms, with a separate unit available for rental use.
Property Size2,427 SF
Price / SF$220.44
Days on Market23
Property Features for 91 Plain View Dr
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Elena Dimitrova · License FL #3394331
(386) 864-5956
Source:
Exprealty
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 8 at 7:07AM
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 DALTON WADE INC
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Investment Insights
Based on property information with market context.
This 2,427-square-foot duplex contains two residences, each arranged with three bedrooms and two bathrooms. Built by Seagate Homes, the property has six bedrooms and four bathrooms in total. Its two-unit configuration supports separate occupancy, including living in one residence while renting the other.
The property is in Palm Coast, near shopping, schools, parks, and other local amenities. Palm Coast beaches are also accessible from the area.
The property is in Palm Coast, near shopping, schools, parks, and other local amenities. Palm Coast beaches are also accessible from the area.
Key Highlights
- 2,427‑square‑foot duplex with two residences
- Each unit has 3 bedrooms and 2 bathrooms
- Six bedrooms and four bathrooms across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,024
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,480
$560.5K
Cap Rate 7%
$400,343
$400.3K
Cap Rate 9%
$311,378
$311.4K
Market Conditions
NOI Build-Up for 2,427 SF
Gross rent
$42.2K $17.40/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$40.0K $16.50/SF
− OpEx
−$12.0K −$4.95/SF
NOI
$28.0K $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%
$560,480
Cap Rate 7%
$400,343
Cap Rate 9%
$311,378
Alternative Uses
Best Use
Multifamily LT 5
$400.3K
$350.3K – $467.1K
NOI $28,024 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$355.7K
$311.2K – $415.0K
NOI $24,897 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$583.2K
$510.3K – $680.4K
NOI $40,826 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
117
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
$308,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Palm Coast, FL
Properties on Market for Duplexes in Palm Coast
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and two bathrooms, with a separate unit available for rental use.
Where is this duplex located?
The property is located at 91 Plain View Dr 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: 2,427‑square‑foot duplex with two residences; Each unit has 3 bedrooms and 2 bathrooms; Six bedrooms and four bathrooms across the property
