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5 RAINSTONE LN,  PALM COAST, FL 32164

MLS# FC315542.  6 beds.  0.0 baths.  Apartment.  Active

$6,388 in taxes (2025)

$499,900

 

Remarks:

Under contract-accepting backup offers. 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.

Quick Info:

  • Listing is courtesy Of: VIRTUAL HOMES REALTY ((386-569-5383))
  • Listing Agent: Alina Pekarsky ((386-569-5383))
  • Days on yellowkey: 122
  • Property Type: Apartment
  • Beds: 6
  • Baths: 0.0
  • Living Area Square Feet: 2575
  • Built 2022
  • Taxes: $6,388 (2025)
  • 1 Days off yellowkey (back on 5/25/2026 )
  • Garage Spaces:2 ()
  • Square Feet:
  • Fees: $0
  • Flagler County
  • Terms: Cash, Conventional
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  • Subdivision Name: PALM COAST SEC 30
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/25/2026Sale119FC315542Back on yellowkey$499,900-MLS
1/26/2026Sale0FC315542listed for sale$499,900-MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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