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5 Rainstone Lane, Palm Coast, FL 32164

Palm Coast
Local realty services provided by:CENTURY 21 Selling Paradise
5 Rainstone Lane,Palm Coast, FL 32164
$499,900
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 2,575 sq. ft.
  • Multi-family
  • Pending
Listed by: alina pekarsky
Office: virtual homes realty
MLS#:FC315542
Source:MFRMLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$194.14

About this home

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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Home facts

  • Year built:2022
  • Listing ID #:FC315542
  • Added:137 day(s) ago
  • Updated:June 13, 2026 at 08:04 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Kitchen Description:Dishwasher, Microwave, Refrigerator, Solid Surface Counters
  • Bedroom Description:Walk-In Closet(s)
  • Living area:2,575 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:2022
  • Building area:2,575 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Block, Stucco
  • Exterior Features:Covered Porch/Patio, Private Mailbox
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$194.14
  • Tax amount:$6,388 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Refrigerator
  • Laundry features:Laundry Room
  • Amenities:Cable Available, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Pool features:Public Pool

Parking

  • Parking description:Attached Garage
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Selling Paradise is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Selling Paradise, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Robert Mahan

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