PALM COAST, FL 32164 5 RAINBOW LANE
$500,000
11 more
Presented By: REDFIN CORPORATION with 407-708-9747. - 407-708-9747
Beds • 4
Baths • 4
SQFT • 1,954
Garage • 2
Home Details
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.
Presented By: REDFIN CORPORATION with 407-708-9747. - 407-708-9747
Interior Features for 5 RAINBOW LANE
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters
Laundry FeaturesInside
General for 5 RAINBOW LANE
Additional Parcels Y/NNo
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CityPALM COAST
Construction MaterialsBlock, Concrete, Stucco
CoolingCentral Air
CountyFlagler
DirectionsHead east on E Moody Blvd, Turn left onto Old Kings Rd, Turn left onto Town Center Blvd, Turn right onto Royal Palms Pkwy, Turn right onto Belle Terre Pkwy, Turn left onto Rymfire Dr, Turn right onto Rae Dr, Turn right onto Raintree Pl, Turn right onto Rainbow Ln, Destination will be on the left
Elementary SchoolRymfire Elementary
Flood Zone CodeX
Flood Zone Code XY
Garage Spaces2
Garage Y/NYes
HeatingCentral, Electric
High SchoolMatanzas High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPALM COAST SEC 30 BL 26 LT 3 OR 274 PG 472 OR 679 PG 510
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet10019
Lot Size UnitsSquare Feet
MLS Area32164 - Palm Coast
Middle/Junior High SchoolIndian Trails Middle-FC
Minimum LeaseNo Minimum
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnershipFee Simple
Pets AllowedYes
PossessionClose Of Escrow
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePALM COAST SEC 30
Tax Annual Amount5844
Tax Lot3
Tax Year2025
UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2022
ZoningDPX
Exterior for 5 RAINBOW LANE
Covered Spaces2
Exterior AmenitiesLighting, Other, Sliding Doors
Foundation DetailsSlab
Lot Size Acres0.23
Lot Size Area10019
Number of Buildings1
Parking FeaturesDriveway, Garage Door Opener
Private PoolNo
Road Surface TypeAsphalt, Paved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Steven Silcock
Broker Owner