FL
Flagler
PALM COAST
32164
5 RAINSTONE LANE
5 RAINSTONE LANE, PALM COAST, FL 32164
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Listing Type
Multi Family
Listing Status
Active
33
$499,900

Home Details for 5 RAINSTONE LANE

Price
$499,900
Type
Residential Income
Bedrooms
6
Bathrooms
4.0
Square feet
2575
Year built
2022
Lot size acres
0.23
County
Flagler
Garage
2
Days on site
28
MLS Listing#
FC315542
Property Description

Excellent investment opportunity! This 2022-built concrete block duplex features two identical units, each offering 3 bedrooms, 2 bathrooms, and a 1-car garage. Ideal 1031 Exchange Replacement Property! Both sides are currently rented, producing a combined annual income of $38,900, with long-term tenants in place who maintain their units impeccably and wish to continue leasing. Unit Side A has agreed to a rent increase upon lease expiration, offering immediate upside potential. Designed for easy ownership, both units feature granite countertops, no carpeting, and durable finishes throughout, keeping maintenance costs low. Built with solid concrete block construction, this property is ideal for investors seeking a turnkey, low-maintenance asset with reliable cash flow. Serious inquiries only. Please do not disturb tenants. Showings by appointment only with proof of funds or financing in place.

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Property Features
  • Heating Information
    • Central
    • Electric
    • Heat Pump
  • Utilities
    • Cable Available
    • Sewer Connected
    • Water Connected
  • House Interior
    • Open Floorplan
    • Walk-In Closet(s)
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Garage
    • 1
  • Parking
    • Attached
Listing Courtesy: VIRTUAL HOMES REALTY - 386-569-5383
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-01-27 06:15:47
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4871 NW Palm Coast Parkway #3, Palm Coast, FL 32137
Office
386 246 3161
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