Active

$499,900

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 2575 sq ft
Overview
  • ID: MFRFC315542
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 2575 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$499,900
HOA Fee:
N/A
Tax Amount:
$6388
Price per SqFt:
$194.14
Tax Legal Description:
PALM COAST SECTION 30 BLOCK 00025 LOT 0003 SUBDIVISION COMPLETION YEAR 1980 OR 182 PG 157
Exterior Features
Lot Size:
10019
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central, Electric, Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2022
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    5 RAINSTONE LN
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 699,000
img
  • Featured
  • Active
Duplex

9908 N MYRTLE ST #A & B

  • 4
  • 2
  • 150 m²
avt
Daniel Dourado
$ 375,000
img
  • Featured
  • Active
Duplex

2820 MAGNOLIA AVE

  • 4
  • 3
  • 125 m²
avt
Daniel Dourado
$ 350,000
avt
Daniel Dourado
$ 497,579
avt
Daniel Dourado
$ 210,000
avt
Daniel Dourado
$ 450,000
avt
Daniel Dourado
$ 349,000
avt
Daniel Dourado
$ 380,000
img
  • Featured
  • Active
Duplex

14 KARAS TRL #A & B

  • 8
  • 4
  • 141 m²
avt
Daniel Dourado
$ 569,500
avt
Daniel Dourado
$ 4,499,000
avt
Daniel Dourado
$ 375,000
img
  • Featured
  • Active
Duplex

5637 CHERRY WOOD CIR

  • 4
  • 2
  • 154 m²
avt
Daniel Dourado
$ 359,900