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Sold for $472,500
  • $472,500

    5 Rainstone Ln, Palm Coast, FL 32164

    6beds
    4baths
    2,575sqft
    Duplex, Multi Family
    Built in 2022
    -- sqft lot
    $472,600 Zestimate®
    $183/sqft
    $2,049 Estimated rent

    Home value

    $472,600

    $440,000 - $506,000

    $2,049/mo

    Zestimate® history
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    Owner options

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    $2,049/mo

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    $2,049/mo

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    $3,205/mo

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    $3,205/mo

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    What's special

    Granite countertopsDurable finishes throughout
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Alina Pekarsky 386-569-5383,

    VIRTUAL HOMES REALTY 386-569-5383

    Bought with:

    Deanna Carr, 3408406

    WATSON REALTY CORP

    Source: Stellar MLS,MLS#: FC315542MLS LogoOriginating MLS: Osceola

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    • Laundry: Laundry Room
    Features
    • Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,575 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Patio & porch: Covered
    • Exterior features: Private Mailbox
    Lot
    • Size: 10,019 sqft
    Details
    • Parcel number: 0711317030002500030
    • Zoning: DPX
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Palm Coast
    • Subdivision: PALM COAST SEC 30

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/19/2026Sold$472,500-5.5%$183/sqft
    Source: Stellar MLS #FC315542 Report a problem
    5/25/2026Pending sale$499,900$194/sqft
    Source: Stellar MLS #FC315542 Report a problem
    1/27/2026Listed for sale$499,900$194/sqft
    Source: Stellar MLS #FC315542 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32164

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $472,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $472,600