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.
Property Details
Price:
$500,000
MLS #:
O6387739
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PALM COAST SEC 30
Neighborhood:
32164palmcoast
Listed Date:
Mar 5, 2026
Finished Sq Ft:
1,954
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
2022
Units:
2
See this Listing
Schools
Elementary School:
Rymfire Elementary
Middle School:
Indian Trails Middle-FC
High School:
Matanzas High
Interior
Cooling
Central Air
Heating
Central, Electric
Laundry Features
Inside
Exterior
Construction Materials
Block, Concrete, Stucco
Exterior Features
Lighting, Other, Sliding Doors
Parking Features
Driveway, Garage Door Opener
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,844
Map
Community
- Address5 RAINBOW LANE PALM COAST FL
- SubdivisionPALM COAST SEC 30
- CityPALM COAST
- CountyFlagler
- Zip Code32164
Subdivisions in PALM COAST
- 01 BEDROOMS HAMMOCK BEACH CLUB
- 04 FAIRWAYS
- 2153 – SECTION 26-PINE GROVE
- 2189 – SECTION 25-PINE GROVE
- 5URFVIEW/MATANZAS SHORES
- AMENDED SUB
- AMENDED WYNNFIELD SUBDIVISION
- AMERICAN VILLAGE
- ARBOR TRACE AT PALM COAST CONDO
- ARBOR TRACE CONDOS
- ARBOR TRACE PALM COAST 2
- ARLINGTON SUB
- ARMAND BCH EAST SUB
- ARMAND BEACH
- ARMAND BEACH EAST SUB
- ARMAND BEACH ESTATES
- ARTESIA
- ARTESIA SUB
- ASPIRE AT PALM COAST
- AVALON/LEHIGH WOODS
- BAYSIDE PRCL C
- BEACH HAVEN
- BEACH HAVEN UN 1
- BEACH HAVEN UN 2
- BEACHWALK
- BELLA HARBOR
- BELLA HARBOR CONDO
- BELLE TERRE
- BELLE TERRE BUSINESS & PROFESSIONAL CENTER
- BELLE TERRE SEC 11
- BELLE TERRE SEC 35 PALM COAST
- BELLE TERRE/ PALM COAST SEC 24
- BERNARD MEADOWS
- BON TERRA ESTATES SUB
- BONN TERRA ESTATES
- BUNNELL DEV CO SU
- CANOPY WALK
- CANOPY WALK CONDO
- CANOPY WALK PH 01 BLDG 1
- CANOPY WALK PH 12
- CANOPY WALK PH 12 BLDG 12
- CANOPY WALK PH 14
- CANOPY WALK PH 5
- CANOPY WALK PH 7
- CANOPY WALK PH 8
- CASA BELLA 2
- CASA BELLA I
- CASA BELLA I BLDG 11
- CINNAMON BCH OCN HAMMOCK PH 06
- CINNAMON BCH OCN HAMMOCK PH 09
- CINNAMON BEACH
- CINNAMON BEACH AT OCEAN HAMMOCK
- CINNAMON GROVE VILLAGE
- CITY OF PALM COAST
- CITY OF PALM COAST WITH MOSQUITO CONTROL
- CITY WALK COMM CONDO
- COASTAL GARDENS
- COLBERT LANDINGS
- CONSERVATORY
- CONSERVATORY AT HAMMOCK BEACH
- CONSERVATORY HAMMOCK BEACH
- CONSERVATORY/HAMMOCK BEACH
- COUNTRY CLUB COVE
- COUNTRY CLUB COVE SEC 08
- COUNTRY CLUB COVE SEC 3
- COUNTRY CLUB COVE SEC 4
- COUNTRY CLUB COVE SEC 4 PALM C
- COUNTRY CLUB HARBOR
- CREEKSIDE VLG/GRAND HAVEN
- CROSSINGS GRAND HAVEN PH I
- CROSSINGS/GRAND HAVEN PH 1
- CROSSINGS/GRAND HAVEN PH II
- CTIY WALK COMM CONDO
- CYPRESS HAMMOCK
- CYPRESS KNOLL
- DEERWOOD REP BLK 20 PINE LAKES GOLF COUR
- DEERWOOD REP BLK 20 PINE LAKES GOLF COURSE
- EASTHAMPTON
- EASTHAMPTON SEC 34
- EASTHAMPTON SEC 34 SEMINOLE WO
- EASTHMAPTON SEC 34
- ENCLAVE AT SEMINOLE PALMS
- ESTATES GRAND HAVEN PH 02
- ESTATES GRAND HAVEN PH 2
- ESTATES OF MARINA DEL PALMA
- ESTATES/GRAND HAVEN PH 02
- ESTATES/GRAND HAVEN PH 2
- EUROPEAN VILLAGE
- EUROPEAN VILLAGE COMM CONDO
- FAIRWAY AT PALM COAST CONDOMINIUMS
- FAIRWAYS
- FAIRWAYS EDGE/GRAND HAVEN
- FIRST ADD
- FLAGLER VILLAGE
- FLAGLER VILLAGE MB 42 PG 36 LOT 24
- FLORIDA PARK PALM COAST SEC 10
- FLORIDA PK SEC 1
- FOREST GROVE
- FOREST GROVE BUS CENTER
- FOREST GROVE SEC 10
- FOREST PARK ESTATES
- FRONT STREET/GRAND HAVEN PH I
- FRONT STREET/GRAND HAVEN PH II
- GABLES/TOWN CENTER
- GRANADA ESTATES
- GRAND HAVEN
- GRAND HAVEN NORTH PAHSE 1
- GRAND HAVEN NORTH PAHSE I
- GRAND HAVEN NORTH PH 1
- GRAND HAVEN NORTH PH I
- GRAND HAVEN VILLAGE D1-C
- GRAND LANDINGS
- GRAND LANDINGS-PHASE2C
- GRAND LNDGS PH 01
- GRAND LNDGS PH 1
- GRAND LNDGS PH 2A
- GRAND LNDGS PH 2B
- GRAND LNDGS PH 4
- GRAND VISTA CONDO AT GRAND HAVEN
- GRAND VISTA CONDO AT GRAND HAVEN PHASE I UNIT A101
- HAMMOCK AT PALM HARBOR
- HAMMOCK BEACH
- HAMMOCK BEACH CLUB
- HAMMOCK BEACH CLUB CONDO
- HAMMOCK BEACH CLUB CONDOMINIUM
- HAMMOCK BEACH VILLAS
- HAMMOCK DUNES
- HAMMOCK DUNES CLUSTERS
- HAMMOCK DUNES LA GRANDE PROVENCE
- HAMMOCK DUNES SAN TROPEZ
- HAMMOCK DUNES VILLAS DI CAPRI
- HAMMOCK MOORINGS NORTH
- HAMPTONS
- HAMPTONS SUB
- HARBOR SIDE VILLAGE II CONDO
- HARBOR VILLAGE MARINA
- HARBOR VILLAGE MARINA PH 02
- HARBOR VILLAGE MARINA PH 2
- HARBOR VILLAGE MARINA/ YACHT HARBOR
- HIDDEN LAKES
- HIDDEN LAKES PALM COAST PH 1
- HIDDEN LAKES PH 1
- HIDDEN LAKES PH 1 SEC 3
- HIDDEN LAKES PH I SEC 2A
- HIDDEN LAKES PH I SEC 2B
- HIDDEN LAKES PH I SEC 3
- HIDDEN LAKES WATER OAKS PH 02
- HOME DEPOT CENTER PLAZA
- INDIAN TRAILS
- INDIAN TRAILS EAST
- INDIAN TRAILS/ BRESSLER PRCL H BROOKSIDE PRCL P
- INDUSTRIAL PARK
- ISLAND ESTATES
- ISLAND ESTATES SUB
- ISLAND ESTATES SUBD
- JOHNSON BEACH
- JOHNSON BEACH 1ST ADD
- KINGS COLONY
- KINGS POINTE COMMERCIAL
- LAKE FOREST & LAKE FOREST NORTH
- LAKE FOREST SUB
- LAKE VIEW SUB
- LAKESIDE AT MATANZAS SHORES
- LAKESIDE/MATANZAS SHORES
- LAKEVIEW
- LAKEVIEW PALM COAST SEC 37
- LAKEVIEW PLAZA CONDO
- LAKEVIEW SEC 37
- LAKEVIEW-SEC 37 PALM COAST
- LANDINGS/MARINA COVE
- LAS CASITAS/MATANZAS SHORES
- LAS CASITAS/MATANZAS SHORES RE
- LEHIGH WOOD
- LEHIGH WOODS
- LEIGH WOODS
- LEIGH WOODS/ PALM COAST SEC 31
- LOS LAGOS/MATANZAS SHORES 1
- LOS LAGOS/MATANZAS SHORES I
- MAGNOLIA MANOR UN 2
- MARINA COVE
- MARINA DEL PALMA
- MARINA DEL PALMA SUB
- MARINELAND ACRE
- MARINELAND ACRES
- MARINELAND ACRES 1ST ADD
- MARINELAND ACRES 2ND ADD
- MARINELAND ACRES ADD 2
- MARINELAND ACRES SECOND ADD
- MARINELAND ACRES SUB
- MARITIME ESTATES II
- MARITIME ESTATES SUB
- MATANZAS COVE
- MATANZAS COVE MB 41 PG 56 LOT 24
- MATANZAS COVE MB 41 PG 56 LOT 25
- MATANZAS COVE MB 41 PG 56 LOT 32
- MATANZAS LAKES SUB
- MATANZAS SHORES
- MATANZAS WOODS
- METES & BOUNDS
- MIDWAY PARK
- NORTHSHORE 02
- NORTHSHORE 04
- NORTHSHORE 05
- NOT ASSIGNED
- NOT IN SUBDIVISION
- OAK HAMMOCK
- OCEAN HAMMOCK
- OCEAN HAMMOCK PRCL B-3
- OCEAN RIDGE SUB
- OCEAN TOWERS/HAMMOCK BEACH
- OSPREY LAKES
- PALM CLUB
- PALM CLUB CONDO
- PALM COAST
- PALM COAST BELLE TERRE SEC 11
- PALM COAST BELLE TERRE SEC 12
- PALM COAST COML & INDL CENTE
- PALM COAST COMMERCIAL & INDUSTRIAL CENTER
- PALM COAST CROSSINGS
- PALM COAST FAIRWAYS CONDO
- PALM COAST FLORIDA PARK SEC 1
- PALM COAST FLORIDA PARK SEC 7
- PALM COAST HOMESITES
- PALM COAST INDL PARK PH III
- PALM COAST KANKAKEE RUN SEC 65
- PALM COAST LAKEVIEW SEC 37
- PALM COAST LAKEVIEW SEC 37 MAP
- PALM COAST MAP/ULYSSES TREES S
- PALM COAST MAP/WYNNFIELD SEC 2
- PALM COAST NORTHEAST QUADRANT
- PALM COAST NORTHWEST QUADRANT
- PALM COAST PINE GROVE 26
- PALM COAST PINE GROVE SEC 26
- PALM COAST PINE GROVE SEC 28 MAP
- PALM COAST PLANTAION PUD UN 1A
- PALM COAST PLANTATION
- PALM COAST PLANTATION PUB UN 4
- PALM COAST PLANTATION PUD UN 1
- PALM COAST PLANTATION PUD UN 2
- PALM COAST PLANTATION PUD UN 3
- PALM COAST PLANTATION PUD UN 4
- PALM COAST PLANTATION UN 01A
- PALM COAST PLANTATION UN 04
- PALM COAST PLANTATION UN 1-A
- PALM COAST PLANTATION UN 1A
- PALM COAST PLANTATION UN 1B
- PALM COAST PLANTATION UN 2
- PALM COAST PLANTATION UN 2 PUD
- PALM COAST PLANTATION UN 3
- PALM COAST PLANTATION UN 4
- PALM COAST RESIDENCE PH 1
- PALM COAST RESIDENCE PH 1 BLDG E
- PALM COAST RESORT
- PALM COAST RESORT CONDOMINIUM
- PALM COAST ROYAL PALMS SEC 30
- PALM COAST ROYAL PALMS SEC 32
- PALM COAST SEC 35
- PALM COAST SEC 03 PALM HARBOR OFFICE PAR
- PALM COAST SEC 03 PALM HARBOR OFFICE PARK
- PALM COAST SEC 04
- PALM COAST SEC 07
- PALM COAST SEC 09
- PALM COAST SEC 13 BRESSLER PRCL H BROOKSIDE PRCL P
- PALM COAST SEC 14
- PALM COAST SEC 15
- PALM COAST SEC 16
- PALM COAST SEC 16 BLK 2
- PALM COAST SEC 17
- PALM COAST SEC 19
- PALM COAST SEC 20
- PALM COAST SEC 21
- PALM COAST SEC 23
- PALM COAST SEC 23 BLK 21 LOT 21
- PALM COAST SEC 24
- PALM COAST SEC 26
- PALM COAST SEC 27
- PALM COAST SEC 27 BLK 58 & 59
- PALM COAST SEC 28
- PALM COAST SEC 29
- PALM COAST SEC 30
- PALM COAST SEC 31
- PALM COAST SEC 32
- PALM COAST SEC 33
- PALM COAST SEC 34
- PALM COAST SEC 35
- PALM COAST SEC 39
- PALM COAST SEC 57
- PALM COAST SEC 58
- PALM COAST SEC 59
- PALM COAST SEC 60
- PALM COAST SEC 63
- PALM COAST SEC 64
- PALM COAST SEC 65
- PALM COAST SECTION 10
- PALM COAST SECTION 12
- PALM COAST SECTION 13
- PALM COAST SECTION 14
- PALM COAST SECTION 17
- PALM COAST SECTION 18
- PALM COAST SECTION 19
- PALM COAST SECTION 22
- PALM COAST SECTION 23
- PALM COAST SECTION 24
- PALM COAST SECTION 25
- PALM COAST SECTION 25 BLOCK 00013 LOT 0015 SUBDIVI
- PALM COAST SECTION 26
- PALM COAST SECTION 27
- PALM COAST SECTION 28
- PALM COAST SECTION 29
- PALM COAST SECTION 30
- PALM COAST SECTION 31
- PALM COAST SECTION 31 BLOCK
- PALM COAST SECTION 32
- PALM COAST SECTION 33
- PALM COAST SECTION 35
- PALM COAST SECTION 36
- PALM COAST SECTION 37
- PALM COAST SECTION 57
- PALM COAST SECTION 58
- PALM COAST SECTION 59
- PALM COAST SECTION 63
- PALM COAST SECTION 64
- PALM COAST SECTION 65
- PALM COAST SECTION 65 BLOCK 00049 LOT 0027 SUBDIVI
- PALM COAST SECTION 7
- PALM COAST SECTION35
- PALM COAST SEMINOLE PARK SEC 59
- PALM COAST WYNNFIELD SEC 18
- PALM COAST WYNNFIELD SEC 20
- PALM COAST WYNNFIELD SEC 27
- PALM COAST ZEBULAHS TRAIL SEC63
- PALM COAST/BERNARD MDWS SEC 81
- PALM COAST/EASTHAMPTON SEC 34
- PALM COAST/EASTHAMPTON, SEC 34
- PALM COAST/FLORIDA PARK SEC 06
- PALM COAST/FLORIDA PARK SEC 10
- PALM COAST/ROYAL PALM SEC 30
- PALM COAST/WYNNFIELD SEC 18
- PALM HAMMOCK
- PALM HARBOR
- PALM HARBOR CENTER PH 01
- PALM HARBOR SEC 14
- PARK PLACE
- PARK PLACE SUB
- PINE GROVE
- PINE GROVE PALM COAST SEC 24
- PINE LAKES
- PINE LAKES -PALM COAST SEC 27 BLK 58 & 59
- PINE LAKES / PALM COAST SEC 19
- PINE LAKES INDUS PARK
- PINE LAKES VILLAS CONDO
- PINE LAKES/PALM COAST SEC 23
- PINEGROVE
- PLAM COAST WYNNFIELD SEC 23 MA
- PLAT LAKEVIEW
- PLAT OF ROYAL PALMS
- PORTOFINO AT HAMMOCK DUNES CONDO
- QUAIL HOLLOW
- RAOYAL PALMS SEC 32
- RESERVE GRAND HAVEN PH 1
- RESIDENCES/EUROPEAN VILLAGE
- RESIDENCES/EUROPEAN VILLAGE BLDG B
- RESUBD OF DUPONT ESTATES
- RETREAT AT TOWN CENTER
- REVERIE AT PALM COAST
- REVERIE/PALM COAST PH 1
- RIVER OAKS HAMMOCK
- RIVER OAKS/HAMMOCK
- RIVERGATE PH I SUB
- ROYAL PALM SEC 33
- ROYAL PALMS
- ROYAL PALMS SEC 30
- ROYAL PALMS SEC 32 PALM COAST
- ROYAL PALMS SEC 33
- SAN TROPEZ SUB
- SANCTUARY SUB
- SAVANNAH SQUARE
- SAVANNAH SQUARE SUB
- SAWMILL BRANCH
- SAWMILL BRANCH/PALM COAST PARK
- SAWMILL BRANCH/PALM COAST PARK P
- SAWMILL BRANCH/PALM COAST PK P
- SAWMILL CRK/PALM COAST PARK
- SEA COLONY
- SEA COLONY SUB
- SEASONS AT SUMMERTIDE
- SEMINOL WOODS
- SEMINOLE PALMS
- SEMINOLE PALMS PH 1
- SEMINOLE PARK
- SEMINOLE WOODS
- SHANGRI LA CONDO
- SHANGRI LA PALM COAST
- SOMERSET
- SOMERSET AT PALM COAST
- SOMERSET AT PALM COAST PARK
- SOUTH PARK VLG/CRAND HAVEN
- SOUTH PARK VLG/GRAND HAVEN
- SOUTHWEST QUADRANT PH 01-04
- SUNRISE VILLAS
- SUR CLUB III
- SURF CLUB
- SURF CLUB 02 CONDO
- SURF CLUB 03 CONDO
- SURF CLUB 1
- SURF CLUB 2 CONDO
- SURF CLUB 3
- SURF CLUB BLDG 1
- SURF CLUB BLDG1
- SURF CLUB CONDO
- SURF CLUB CONDO 03
- SURF CLUB CONDO BLDG 1
- SURF CLUB I
- SURF CLUB II
- SURF CLUB II CONDO
- SURF CLUB II CONDOS
- SURF CLUB III CONDO
- SURFVIEW/MATANZAS SHORES
- SURVIEW/MATANZAS SHORES
- SUTTON PLACE SUB
- THE FAIRWAYS CONDO
- THE HAMMOCK AT PALM HARBOR
- THE OAKS SUB
- THE PALM CLUB
- THE PALM CLUB CONDOMINIUM BLDG V UNIT 106
- THE SANCTUARY AT PALM COAST
- TIDELANDS
- TIDELANDS CONDO
- TOSCANA
- TOWN CENTER PH 01
- TOWN CENTER/PALM COAST PHASE I
- TRAILS
- TUSCANY/HAMMOCK DUNES
- ULYSSES TREES SEC 57 SEMINOLE
- VILLAGE AT PALM COAST PH 01
- VILLAGE AT PALM COAST PH I
- VILLAGE AT PALM COAST PH I LOT 87 OR 1070 PG 1884
- VILLAGE J-2A/GRAND HAVEN
- VILLAGE J-2B GRAND HAVEN
- VILLAGE/PALM COAST PH 2
- VILLAGE/PALM COAST PH II
- VILLAGES OF MATANZAS SURF CLUB
- VILLAGES PALM COAST PH 1
- VILLAS HAMMOCK BEACH PH 8
- WESTPOINTE PLAZA CONDO
- WHISPERING OAKS SUB
- WHITEVIEW VILLAGE
- WHITEVIEW VILLAGE PH 1
- WILDWOOD ACRES II
- WILDWOOD ACRES SEC II
- WOODHAVEN AT PALM COAST
- WOODHAVEN/PALM COAST
- WYNNFIELD SEC 22
- WYNNFIELD SEC 23
- WYNNFIELD SEC 27
- YACHT HARBOR VILLAGE
- YACHT HARBOR VILLAGE CONDOS
- ZEBULAHS TRAIL SEC 63
Market Summary
Current real estate data for Multi Family in PALM COAST as of Mar 20, 2026
40
Multi Family Listed
106
Avg DOM
208
Avg $ / SqFt
$505,555
Avg List Price
Property Summary
- Located in the PALM COAST SEC 30 subdivision, 5 RAINBOW LANE PALM COAST FL is a Multi Family for sale in PALM COAST, FL, 32164. It is listed for $500,000 To schedule a showing of MLS#o6387739 at 5 RAINBOW LANE in PALM COAST, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of REDFIN CORPORATION. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5 RAINBOW LANE
PALM COAST, FL