Well Maintained DUPLEX | Long Term Tenants | Great Location!
Multifamily | 2 Units | $260,000/unit
Marketing description
Welcome to this exclusive opportunity in Palm Coast, Florida! Nestled in a beautiful neighborhood, this spacious and clean duplex offers an excellent investment with a remarkable 6.84% cap rate.
This stunning property features two identical floor plans, each boasting 3 bedrooms, 2 full bathrooms, and a 2-car garage. You'll appreciate the thoughtfully designed layout, providing comfortable living spaces for residents. Both units offer the luxury of a lanai and a private fenced backyard, perfect for relaxation and outdoor activities.
Conveniently situated within close proximity to grocery stores, shopping centers, schools, and parks/trails for biking and hiking, this duplex ensures easy access to everyday amenities and recreational opportunities. Additionally, the popular Flagler Beach is just a short 15-minute drive away, allowing residents to enjoy sun-soaked days by the ocean.
With a professional management company in place, you can rest assured that this friendly and safe community is well-maintained and managed. Pet lovers will appreciate the pet-friendly policy, ensuring a welcoming environment for furry friends.
As an added bonus, the seller is offering a roof certification for 5 years upon the sale, providing peace of mind for the future owner. The property has been freshly painted and meticulously maintained, ensuring a move-in ready experience for tenants or an effortless transition for an owner-occupier.
This multifamily gem was constructed in 2005 with durable masonry, boasting a Class B rating. The HVAC system is centrally controlled, allowing for efficient temperature regulation throughout the duplex. The roofing is made of shingles, providing a timeless and aesthetically pleasing touch.
For savvy investors, there is even a value-add opportunity to further enhance the property's potential and increase its value.
To ensure the privacy and exclusivity of this exceptional offering, potential buyers are kindly requested to sign a non-disclosure agreement (NDA) and provide proof of funds.
Don't miss out on this extraordinary opportunity to own a lucrative duplex in Palm Coast, Florida. The asking price for this remarkable investment is $520,000, with an impressive cap rate of 6.84%. Contact us now to secure this off-market gem before it's gone.
If you require lending referrals, our team is here to assist you. Let us know your financing needs, and we'll provide the necessary support to make your investment dreams a reality.
Investment highlights
Palm Coast is a beautiful city located in Flagler County, Florida. Known for its scenic landscapes, outdoor recreational opportunities, and peaceful atmosphere, Palm Coast offers a variety of highlights for residents and visitors alike. Here are some of the notable highlights of Palm Coast:
Beaches: Palm Coast is home to several stunning beaches along its coastline. Flagler Beach, located just north of Palm Coast, offers a picturesque stretch of sandy shores and is popular for swimming, sunbathing, and surfing. Visitors can enjoy long walks along the beach or relax while taking in the beautiful ocean views.
Parks and Nature Preserves: The city is surrounded by natural beauty, with numerous parks and nature preserves to explore. Washington Oaks Gardens State Park is a must-visit, featuring beautiful gardens, unique rock formations, and scenic trails. Graham Swamp Conservation Area and Linear Park offer opportunities for hiking, biking, and wildlife spotting.
Water Sports and Fishing: With access to both the Atlantic Ocean and the Intracoastal Waterway, Palm Coast is an excellent destination for water sports enthusiasts. Boating, kayaking, paddleboarding, and fishing are popular activities in the area. Visitors can rent equipment or join guided tours to make the most of the waterways.
Golf Courses: Palm Coast boasts several championship golf courses that attract golfers from around the world. The Hammock Beach Resort features two stunning courses designed by Jack Nicklaus and Tom Watson, offering challenging play and breathtaking views of the ocean.
European Village: This vibrant shopping and dining district is inspired by the charm of European villages. It offers a variety of boutiques, restaurants, and cafes. Visitors can stroll through the cobblestone streets, enjoy live music, and experience the unique atmosphere.
Florida Agricultural Museum: Located just outside Palm Coast, this museum showcases the state's rich agricultural history. Visitors can explore the museum's exhibits, take guided tours of the farm, and learn about Florida's farming heritage.
Annual Events: Palm Coast hosts a range of events throughout the year. The Palm Coast Seafood Festival, featuring delicious seafood, live music, and family-friendly activities, is a highlight. The Intracoastal Waterway Festival, Christmas parades, and various cultural celebrations add to the city's vibrant calendar.
These are just a few of the highlights that Palm Coast has to offer. Whether you're seeking outdoor adventures, relaxation on the beach, or exploring local culture, Palm Coast provides a welcoming and enjoyable experience for visitors and residents alike.
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