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5 Rainbow Lane
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PRICED AT ONLY: $500,000

Address: 5 Rainbow Lane, PALM COAST, FL 32164

Description

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 youre looking to expand your rental portfolio or secure a steady income producing property, this duplex presents a solid investment in one of Palm Coasts growing neighborhoods.

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  • MLS#: O6387739 ( Residential Income )
  • Street Address: 5 Rainbow Lane
  • Viewed: 13
  • Price: $500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 14

Description

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 youre looking to expand your rental portfolio or secure a steady income producing property, this duplex presents a solid investment in one of Palm Coasts growing neighborhoods.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Other, Sliding Doors
  • Living Area: 1954.00
  • Roof: Shingle
School Information
  • High School: Matanzas High
  • Middle School: Indian Trails Middle-FC
  • School Elementary: Rymfire Elementary
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Garage Door Opener
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Interior Features: Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters
  • Legal Description: PALM COAST SEC 30 BL 26 LT 3 OR 274 PG 472 OR 679 PG 510
  • Area Major: 32164 - Palm Coast
  • Occupant Type: Tenant
  • Parcel Number: 07-11-31-7030-00260-0030
  • Possession: Close Of Escrow
  • Views: 13
  • Zoning Code: DPX
Nearby Subdivisions
Cypress Knoll   Palm Coast   Palm Coast Sec 21   Palm Coast Sec 24   Palm Coast Sec 30   Palm Coast Sec 32   Palm Coast Sec 33   Palm Coast Sec 58   Palm Coast Sec 59   Palm Coast Sec 65   Palm Coasteasthampton Sec 34   Seminole Woods   Southwest Quadrant Ph 0104  
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