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Duplex with Screened Lanais
For Sale
$535,000

A-8 Fawn Ln, Palm Coast, FL 32137

Two matching residences offer three bedrooms, two full bathrooms, private garages, and outdoor screened-in living areas.

Property Size2,800 SF
Price / SF$191.07
Days on Market61

Property Features for A-8 Fawn Ln

General Information

Standard status Active
Size 2,800 SF
Property subtype Residential Income

Units

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

Taxes and HOA fees

Annual Taxes $4,232

Amenities

screened in Lanai

Building Details

Buildings 1
Listing Agency: REALTY EXECUTIVES OCEANSIDE
Listed By: Basantee Zinkhan · License #3438155
Source: Exprealty
Added: Aug 17 Changed: Oct 9 Last Checked: Oct 15 at 1:14AM

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 REALTY EXECUTIVES OCEANSIDE

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Investment Insights

Based on property information with market context.

This 2,800-square-foot duplex contains two residences, each with 1,400 square feet of heated area, three bedrooms, and two full bathrooms. Both sides include a screened-in lanai and a two-car garage. The roof was replaced in 2020. A new stove and additional garage features were added in 2026 in the owner’s unit.

The property is at A-8 Fawn Ln in Palm Coast’s Palm Harbor Community, near James F. Holland Memorial Park and minutes from supermarkets, pharmacies, gas stations, banks, and restaurants. Flagler Beach and Matanzas Beach are approximately 15 minutes away, while St. Augustine is approximately 30 minutes away. Jacksonville Airport, Orlando Airport, Disney, and Universal Studios are approximately 1 hour 30 minutes away.

Key Highlights

  • 2,800‑square‑foot duplex with two 1,400‑square‑foot units
  • Each unit includes 3 bedrooms and 2 full bathrooms
  • Two‑car garage and screened‑in lanai for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,331
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,620 $646.6K
Cap Rate 7%
$461,871 $461.9K
Cap Rate 9%
$359,233 $359.2K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$48.7K $17.40/SF
− Vacancy
−$2.5K −$0.90/SF
EGI
$46.2K $16.50/SF
− OpEx
−$13.9K −$4.95/SF
NOI
$32.3K $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%
$646,620
Cap Rate 7%
$461,871
Cap Rate 9%
$359,233

Alternative Uses

Best Use
Multifamily LT 5
$461.9K
$404.1K – $538.9K (±1% cap)
NOI $32,331 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.7K (±1% cap)
NOI $28,723 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K (±1% cap)
NOI $47,100 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Furniture & Home Goods Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

964
Businesses Nearby

Demographics for 32137, FL

46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value

Market

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 matching residences offer three bedrooms, two full bathrooms, private garages, and outdoor screened-in living areas.
Where is this duplex located?
The property is located at A-8 Fawn Ln 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: 2,800‑square‑foot duplex with two 1,400‑square‑foot units; Each unit includes 3 bedrooms and 2 full bathrooms; Two‑car garage and screened‑in lanai for each unit
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