11 RIDDLE DRIVE, Palm Coast, FL 32164

• 5 beds |
• 3 baths |
• 2,957 sqft

Property Description

Attention investors! Skip the vacancy, skip the renovations, and step directly into immediate cash flow with this tenant occupied income producing property at 11 Riddle Drive in Palm Coast. This spacious 5 bedroom, 3 bathroom home offers approximately 3,000 living square feet on just under a quarter acre lot and is already equipped with what every investor wants… built in income from day one. This property comes with established tenants already in place under a current 2 year lease and is currently producing $3,000 per month in rental income, creating immediate cash flow without the hassle of vacancy, marketing, or tenant placement. Even better, the tenants have expressed interest in continuing their occupancy beyond the current lease term, providing strong long term stability potential for the next owner. Built by Adams Homes, quality stands out immediately. Unlike many homes built with brick veneer accents, this home features true brick construction, offering durability, craftsmanship, timeless curb appeal, and the solid feel Adams Homes are known for. Major capital improvements have already been taken care of, helping make this an attractive low maintenance investment opportunity for years to come. The home received a new architectural shingle roof in 2021 along with a new AC system and hot water heater in 2025, significantly reducing concerns over large ticket repair items and helping provide peace of mind for future ownership. Beyond the immediate income opportunity, this property also offers future upside potential through equity growth and appreciation. As the Palm Coast market continues to develop and mature, investors have the opportunity to benefit not only from monthly cash flow, but also long term wealth building through future appreciation. Whether you are looking to expand your portfolio, secure a long term hold, or add a strong performing asset with immediate income potential, this property checks all the boxes. Cash flowing opportunities with built in tenants, updated major systems, and long term upside do not come around often. This could be the next cash cow your portfolio has been waiting for.

Listing Status:

Active

Date Added:

May 18, 2026

Data Last Updated:

May 26, 2026 at 6:22AM

Listing Office:

FLORIDA BEACHES REAL ESTATE : 386-986-6744

Listing Agent:

Tony Garren : 386-237-7079

MLS ID:

FC318586

Interior

• General: High CeilingsOpen FloorplanPrimary Bedroom Main FloorSolid Wood CabinetsThermostatTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)Window Treatments
• Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigerator
• Laundry: InsideLaundry Room
• Flooring: CarpetLinoleum
• A/C: Central Air
• Heating: CentralElectricHeat Pump
• Fireplace: Living RoomWood BurningFireplace

Exterior

• General: Private MailboxStorage
• Other Structures: Shed(s)Patio

Construction

• Roofing: Shingle
• Windows: Blinds
• General: BrickOneSlab

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Flagler

Lot

• Zoning: DPXPALM COAST SECTION 31 BLOCK 00016 LOT 0010 SUBDIVISION OR 348 PG 754 OR 1280 PG 1249- 1250-ACM&DC OR 1280 PG 1252 OR 1511 PG 1403 OR 2241/615- TAYLOR TRUST07-11-31-7031-00160-0100

Utilities

• Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
• Water: Public
• Sewer: Holding TankPublic Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple