5 RAINSTONE LANE, Palm Coast, FL 32164

• 6 beds |
• 4 baths |
• 2,575 sqft

Property Description

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.

Listing Status:

Active

Date Added:

January 26, 2026

Data Last Updated:

February 28, 2026 at 11:23PM

Listing Office:

VIRTUAL HOMES REALTY : 386-569-5383

Listing Agent:

Alina Pekarsky : 386-569-5383

MLS ID:

FC315542

Interior

• General: Open FloorplanSolid Surface CountersThermostatWalk-In Closet(s)
• Appliances: DishwasherMicrowaveRefrigerator
• Laundry: Laundry Room
• A/C: Central Air
• Heating: CentralElectricHeat Pump

Exterior

• General: Private Mailbox
• Other Structures: Covered

Construction

• Roofing: Shingle
• General: BlockStuccoSlab

Location

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

Lot

• Zoning: DPXPALM COAST SECTION 30 BLOCK 00025 LOT 0003 SUBDIVISION COMPLETION YEAR 1980 OR 182 PG 15707-11-31-7030-00250-0030

Utilities

• Utilities: Cable AvailableSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple