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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 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.

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  • MLS#: 1223786 ( Residential Income )
  • Street Address: 5 Rainbow Lane
  • Viewed: 15
  • Price: $500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 15

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 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.
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Features
Building and Construction
  • Exterior Features: Other
  • Flooring: Laminate
  • Roof: Shingle
Land Information
  • Lot Features: Other
School Information
  • High School: Matanzas
  • Middle School: Indian Trails
  • School Elementary: Rymfire
Garage and Parking
  • Parking Features: Attached, Garage Door Opener
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2025
Other Features
  • Legal Description: PALM COAST SEC 30 BL 26 LT 3 OR 274 PG 472 OR 679 PG 510
  • Levels: One
  • Parcel Number: 07-11-31-7030-00260-0030
  • Views: 15
Nearby Subdivisions
American Village   Arlington Sub   Belle Terre   Belle Terre Community   Coastal Gables   Coastal Gardens   Cypress Knoll   Cypress Knolls   Deerwood Rep Blk 20 Pine Lakes   Easthampton Sec 34 Seminole Wo   Enclave At Seminole Palms   Enclaveseminole Palms   Flagler Village   Gablestown Center   Grand Landing   Grand Landings   Grand Landingsphase2c   Grand Lndgs Ph 4   Grand Lndgsph 38   Hamptons Sub   Hamptonspine Lakespalm Coast S   Lehigh Woods   Leighigh Woods   Not Assigned-flagler   Not Available-flagler   Not In Subdivision   Not On The List   Other   Palm Coast   Palm Coast Map Of Wynnfield Se   Palm Coast Mapulysses Trees S   Palm Coast Mapwynnfield   Palm Coast Pine Grove Sec 25   Palm Coast Pine Grove Sec 28   Palm Coast Plantation   Palm Coast Royal Palms Sec 33   Palm Coast Sec 19   Palm Coast Sec 20   Palm Coast Sec 21   Palm Coast Sec 23   Palm Coast Sec 23 Blk 21 Lot 2   Palm Coast Sec 24   Palm Coast Sec 26   Palm Coast Sec 27 Blk 58 59   Palm Coast Sec 28   Palm Coast Sec 29   Palm Coast Sec 30   Palm Coast Sec 31   Palm Coast Sec 32   Palm Coast Sec 33   Palm Coast Sec 34   Palm Coast Sec 39   Palm Coast Sec 57   Palm Coast Sec 58   Palm Coast Sec 59   Palm Coast Sec 60   Palm Coast Sec 63   Palm Coast Sec 64   Palm Coast Sec 65   Palm Coast Sect 22   Palm Coast Section 18   Palm Coast Section 22   Palm Coast Section 23   Palm Coast Section 24   Palm Coast Section 25   Palm Coast Section 25 Block 00   Palm Coast Section 26   Palm Coast Section 28   Palm Coast Section 29   Palm Coast Section 30   Palm Coast Section 31   Palm Coast Section 32   Palm Coast Section 36   Palm Coast Section 57   Palm Coast Section 59   Palm Coast Section 60   Palm Coast Section 63   Palm Coast Section 64   Palm Coast Section 65   Palm Coast Seminole Park Sec 5   Palm Coast Wynnfield Sec 21   Palm Coast Zebulahs Trail Sec6   Palm Coast/florida Park Sec 06   Palm Coast/wynnfield Sec 18   Palm Coasteasthampton Sec 34   Palm Coastpine Grove Sec 26   Palm Coastwynnfield Sec 18   Palm Harbor   Park Place   Park Place Sub   Pine Grove   Pine Grove Sec 24   Pine Grove Sec 26 Palm Coast   Pine Lake   Pine Lakes   Pine Lakes Villas Condo   Plam Coast Wynnfield Sec 23 Ma   Quail Hallow   Quail Hollow   Quail Hollow On The River   Quail Roost Ranches   Retreat At Town Center   Retreattown Center Ph 1   Rivergate   Rivergate Ph 02   Rivergate Ph I Sub   Riviera Estates   Royal Palm Sec 33   Royal Palms Sec 33palm Coast   Seasons At Summertide   Seminole Palms   Seminole Palms Ph 1   Seminole Park   Seminole Woods   Southwest Quadrant Ph 0104   The Hamptons   Villa Pass Ph 2   Whiteview Village   Whiteview Village Ph 1   Wynnfield Sec 21 Palm Coast   Wynnfield Sec 23 Palm Coast   Wynnfield Sec 27   Zebulahs Trail Sec 63  
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