Active

$455,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 2592 sq ft
Overview
  • ID: MFRFC320691
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 2592 sq ft
Property Details
Remarks
Income-Producing Duplex – Both Sides Already Rented! Amazing investment opportunity at 87 Pony Express! This well-maintained duplex offers immediate rental income with both units already occupied, making it an excellent turnkey addition to any real estate portfolio. Each side features 3 bedrooms, 2 bathrooms, and a 1-car garage, with spacious and comfortable living areas, easy-care tile flooring throughout, and a screened porch for enjoying Florida's year-round outdoor lifestyle. The property also features an attractive tile roof. Best of all, the income is already in place! One side is currently rented for $1,650 per month and the other for $1,690 per month, generating a combined $3,340 in monthly rental income and $40,080 annually. Conveniently located close to shopping, restaurants, schools, major roadways, and just a short drive to Palm Coast's beautiful beaches, this property offers the combination investors are looking for—location, strong rental demand, and immediate cash flow. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex is a fantastic opportunity with established tenants already in place. Start collecting rental income from day one!
Financial Considerations
Price:
$455,000
HOA Fee:
N/A
Tax Amount:
$6428
Price per SqFt:
$175.54
Tax Legal Description:
PALM COAST SECTION 28 BLOCK 00010 LOT 0004 SUBDIVISION COMPLETION YEAR 1980 OR 205 PG 703 OR 885 PG 564 OR 1051 PG 814 OR 1683/898-SA OR 1686/ 1564-DC
Exterior Features
Lot Size:
10019
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central, Electric, Heat Pump
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2004
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Private Mailbox, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    87 PONY EXPRESS DR #A & B
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