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5 RAINSTONE LANE
PALM COAST FL 32164 US

$499,900

Active Listing ID FC315542
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6 bed
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Lot: 0.23 Acres
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Duplex

$499,900

Active Listing ID FC315542
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5 RAINSTONE LANE 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.

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Private Mailbox
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating), Heat Pump (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 499900
  • unparsedaddress: 5 RAINSTONE LANE
  • postalcity: PALM COAST
  • stateorprovince: FL
  • country: US
  • postalcode: 32164
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 2575
  • livingareaunits: Square Feet
  • latitude: 29.511443
  • longitude: -81.224055
  • listagentfullname: Alina Pekarsky
  • listagentemail: alina@vhrfl.com
  • listagentkey: 3yd-MFRMLSFL-396506829
  • listagentmlsid: 396506829
  • listagentpreferredphone: 3865695383
  • listagentofficephone: 3865695383
  • listofficekey: 3yd-MFRMLSFL-396502907
  • listagentstatelicense: 3118291
  • listofficemlsid: 396502907
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 2022
  • listingcontractdate: 2026-01-22
  • listagenturl: http://www.virtualhomesgroup.com
  • countyorparish: Flagler
  • parcelnumber: 07-11-31-7030-00250-0030
  • appliances: Dishwasher, Microwave, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Block, Stucco
  • heating: Central, Electric (Heating), Heat Pump (Heating)
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Attached
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Open Floorplan, Solid Surface Counters, Thermostat, Walk-in Closet(s)
  • exteriorfeatures: Private Mailbox
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -81.22405, 29.511442
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Virtual Homes Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alina@vhrfl.com", "ListBrokerageCity":"Palm Coast", "ListBrokerageCountry":"US", "ListBrokerageEmail":"alina@vhrfl.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Virtual Homes Realty", "ListBrokeragePhone":"(386) 445-9911", "ListBrokeragePostalCode":"32164", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"160 Cypress Point Pkwy B 202", "ListBrokerageWebsiteUrl":"http://www.virtualhomesgroup.com", "ListOfficeAddress1":"1 Farraday Lane", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Palm Coast", "ListOfficeCountry":"US", "ListOfficeEmail":"alina@vhrfl.com", "ListOfficePostalCode":"32137", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Duplex - PALM COAST, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5-Rainstone-Ln_Palm-Coast_FL_32164_M53425-72792?f=listhub&s=MFRMLSFL&m=FC315542&c=rexren", "MLSModificationTimestamp":"2026-01-26T20:31:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6388, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/27/2026 3:18:08 AM GMT
Source Updated Date: 2/5/2026 6:45:18 PM GMT

Courtesy of: Alina Pekarsky, VIRTUAL HOMES REALTY, alina@vhrfl.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.