Corner Lot Duplex With Separate
93 PONY EXPRESS DRIVE Palm Coast, FL 32164
For Sale
$595,000
Pending
Duplex with separate entries for each unit on a corner lot, offering modern finishes and vinyl plank flooring.
Property Size2,887 SF
Days on Market847
Property Features for 93 PONY EXPRESS DRIVE
General Information
Standard status
Pending
Size
2,887 SF
Property subtype
Multi Family
Building Details
Year Built
2024
Listing Agency:
FLORIDA HOMES REALTY & MORTGAGE
(386) 864-0191
Listed By:
Joe Soares · License #3098349
(386) 864-0191
Source:
Exitrealty
Added: Apr 2, 2024
Changed: Jul 23
Last Checked: Jul 27 at 2:45AM
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 FLORIDA HOMES REALTY & MORTGAGE
Investment Insights
Based on property information with market context.
This duplex property is configured as two separate units on a corner lot, with separate entry access for each unit. The interior features smooth, modern wall finishes and vinyl plank flooring throughout. Kitchens include quartz countertops and shaker-style cabinetry, and the bathrooms feature upgraded tile selections. Window and door openings are framed with custom casings, and solid interior corridors run through the home.
The address is 93 Pony Express Drive in Palm Coast, Florida. The listing also references a private backyard preserve setting for added privacy.
The seller’s remarks describe a modern living room with a fireplace as part of the overall finish package, with each side noted as having separate living space.
The address is 93 Pony Express Drive in Palm Coast, Florida. The listing also references a private backyard preserve setting for added privacy.
The seller’s remarks describe a modern living room with a fireplace as part of the overall finish package, with each side noted as having separate living space.
Key Highlights
- Duplex built in 2024 with separate entry to each unit on a corner lot
- 1,380 SF for side A and 1,505 SF for side B
- Quartz countertops and shaker cabinets in both kitchens
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 | $50.2k | $17.40 |
| − Vacancy | −$2.6k | −$0.90 |
| EGI | $47.6k | $16.50 |
| − OpEx | −$14.3k | −$4.95 |
| NOI | $33.3k | $11.55 |
2,887 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$476.2K
$416.7K – $555.6K
NOI $33,335 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$423.1K
$370.2K – $493.6K
NOI $29,616 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$693.8K
$607.1K – $809.4K
NOI $48,564 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with separate entries for each unit on a corner lot, offering modern finishes and vinyl plank flooring.
Where is this duplex located?
The property is located at 93 PONY EXPRESS DRIVE Palm Coast, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex built in 2024 with separate entry to each unit on a corner lot; 1,380 SF for side A and 1,505 SF for side B; Quartz countertops and shaker cabinets in both kitchens
