11 RIDDLE DRIVE PALM COAST FL 32164 MLS #FC318586

11 RIDDLE DRIVE
PALM COAST, FL, 32164
$375,000
5 Beds
3 Baths
2,957 SqFt
0.23 Acres
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MLS #FC318586 image #0
Attention investors! Skip the vacancy, skip the renovations, and step directly into immediate cash flow with this tenant occupied income producing property at 11 Riddle Drive in Palm Coast. This spacious 5 bedroom, 3 bathroom home offers approximately 3,000 living square feet on just under a quarter acre lot and is already equipped with what every investor wants… built in income from day one.

This property comes with established tenants already in place under a current 2 year lease and is currently producing $3,000 per month in rental income, creating immediate cash flow without the hassle of vacancy, marketing, or tenant placement. Even better, the tenants have expressed interest in continuing their occupancy beyond the current lease term, providing strong long term stability potential for the next owner.

Built by Adams Homes, quality stands out immediately. Unlike many homes built with brick veneer accents, this home features true brick construction, offering durability, craftsmanship, timeless curb appeal, and the solid feel Adams Homes are known for.

Major capital improvements have already been taken care of, helping make this an attractive low maintenance investment opportunity for years to come. The home received a new architectural shingle roof in 2021 along with a new AC system and hot water heater in 2025, significantly reducing concerns over large ticket repair items and helping provide peace of mind for future ownership.

Beyond the immediate income opportunity, this property also offers future upside potential through equity growth and appreciation. As the Palm Coast market continues to develop and mature, investors have the opportunity to benefit not only from monthly cash flow, but also long term wealth building through future appreciation.

Whether you are looking to expand your portfolio, secure a long term hold, or add a strong performing asset with immediate income potential, this property checks all the boxes. Cash flowing opportunities with built in tenants, updated major systems, and long term upside do not come around often.

This could be the next cash cow your portfolio has been waiting for.

Property Details

Price:
$375,000
MLS #:
FC318586
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM COAST SEC 31
Neighborhood:
32164palmcoast
Listed Date:
May 18, 2026
Finished Sq Ft:
2,957
Total Sq Ft:
3,650
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
2006
Primary Bedroom Main Floor32164 – Palm Coast32164palmcoastPalm Coast Sec 31Rymfire ElementaryIndian Trails Middle-fcMatanzas HighNo Minimum

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Schools

Elementary School:
Rymfire Elementary
Middle School:
Indian Trails Middle-FC
High School:
Matanzas High

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Linoleum
Heating
Central, Electric, Heat Pump
Interior Features
High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Room
Levels
One

Exterior

Attached Garage YN
1
Construction Materials
Brick
Covered Spaces
2
Direction Faces
Southwest
Exterior Features
Irrigation System, Private Mailbox, Storage
Garage Spaces
2
Lot Features
City Lot, Landscaped, Level
Other Structures
Shed(s)
Patio And Porch Features
Patio
Roof
Shingle
Window Features
Blinds

Financial

Tax Year
2025
Taxes
$6,444

Map

Community

Subdivisions in PALM COAST

Market Summary

Current real estate data for Single Family in PALM COAST as of Jun 18, 2026
1,252
Single Family Listed
116
Avg DOM
240
Avg $ / SqFt
$544,348
Avg List Price

Property Summary

    Located in the PALM COAST SEC 31 subdivision, 11 RIDDLE DRIVE PALM COAST FL is a Single Family for sale in PALM COAST, FL, 32164. It is listed for $375,000 and features 5 beds, 3 baths, and has approximately 2,957 square feet of living space, and was originally constructed in 2006. The current price per square foot is $127. The average price per square foot for Single Family listings in PALM COAST is $240. The average listing price for Single Family in PALM COAST is $544,348. To schedule a showing of MLS#fc318586 at 11 RIDDLE DRIVE in PALM COAST, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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