5 RAINSTONE LANE PALM COAST FL 32164 MLS #FC315542

5 RAINSTONE LANE
PALM COAST, FL, 32164
$499,900
6 Beds
4 Baths
2,575 SqFt
0.23 Acres
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MLS #FC315542 image #0
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.

Property Details

Price:
$499,900
MLS #:
FC315542
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PALM COAST SEC 30
Neighborhood:
32164palmcoast
Listed Date:
Jan 26, 2026
Finished Sq Ft:
2,575
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
2022
Units:
2
32164 – Palm Coast32164palmcoastPalm Coast Sec 30No Minimum

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Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central, Electric, Heat Pump
Laundry Features
Laundry Room

Exterior

Construction Materials
Block, Stucco
Exterior Features
Private Mailbox
Roof
Shingle

Financial

Tax Year
2025
Taxes
$6,388

Map

Community

Subdivisions in PALM COAST

Market Summary

Current real estate data for Multi Family in PALM COAST as of Mar 19, 2026
40
Multi Family Listed
105
Avg DOM
208
Avg $ / SqFt
$505,555
Avg List Price

Property Summary

    Located in the PALM COAST SEC 30 subdivision, 5 RAINSTONE LANE PALM COAST FL is a Multi Family for sale in PALM COAST, FL, 32164. It is listed for $499,900 To schedule a showing of MLS#fc315542 at 5 RAINSTONE LANE in PALM COAST, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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