5 Rainbow Lane, Palm Coast, FL 32164

Local realty services provided by:CENTURY 21 Sundance Realty
5 Rainbow Lane,Palm Coast, FL 32164
$475,000
  • 4 Beds
  • 4 Baths
  • 1,954 sq. ft.
  • Multi-family
  • Active
Listed by: thomas bayrouty
Office: redfin corporation
MLS#:1223786
Source:FL_DBAAR

Price summary

  • Price:$475,000
  • Price per sq. ft.:$243.09

About this home

Investor Opportunity in Palm Coast! Well-maintained duplex located at 5 Rainbow Ln in Palm Coast, offering an excellent opportunity for investors seeking immediate rental income. Both units are currently leased through the end of October, providing built-in cash flow from day one. Each unit offers comfortable living space with functional layouts, private entrances, and dedicated parking. The property is situated in a quiet residential area of Palm Coast, conveniently located near shopping, dining, parks, and major roadways, with easy access to the beach and surrounding communities. Whether you're looking to expand your rental portfolio or secure a steady income-producing property, this duplex presents a solid investment in one of Palm Coast's growing neighborhoods.

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Home facts

  • Year built:2022
  • Listing ID #:1223786
  • Added:50 day(s) ago
  • Updated:April 25, 2026 at 02:50 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate
  • Living area:1,954 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:1,954 sq. ft.
  • Lot area:0.23 Acres

Schools

  • High school:Matanzas
  • Middle school:Indian Trails
  • Elementary school:Rymfire

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$243.09
  • Tax amount:$5,844 (2025)

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:2