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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.
Full Property Details
Full Property Details for 11 Riddle Dr
General
- Price: $375,000
- Taxes: $6,444 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: FC318586
- Updated: 5/18/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 9
- Interior Features: High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Irrigation System, Private Mailbox, Storage
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32164 - Palm Coast
- County: Flagler
- Development Name: 32164 - Palm Coast
- Subdivision: PALM COAST SEC 31
- Driving Directions: SR100 to Belle Terre Head North. Take a left onto Royal Palms Parkway. Right onto Rickenbacker Drive and a left onto Riddle Drive.
- Direction Faces: Southwest
School Information
- Elementary School: Rymfire Elementary
- Middle School: Indian Trails Middle-FC
- High School: Matanzas High
Community
- Community Name: 32164 - Palm Coast
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: PEP-Holding Tank, Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Builder: Adams Homes
- Exterior Const.: Brick
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 2,957
- Sq. Ft. Source: Public Records
- Year Built: 2006
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $6,444
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PALM 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 TRUST
- Flood Zone Info: X
- APN: 711317031001600100
- Property ID: 711317031001600100
- Block/Lot/Section: 16
Listed by Florida Beaches Real Estate
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Schools
Schools serving 11 Riddle Dr
School District:Flagler County School District
| Name | Grades | Distance |
|---|---|---|
Rymfire Elementary School 1425 Rymfire Drive, Palm Coast, FL 32164 | PK-5 | 0.4 mi |
Indian Trails Middle School, Palm Coast, FL 5505 Belle Terre Parkway, Palm Coast, FL 32137 | 6-8 | 5.4 mi |
Matanzas High School 3535 Old Kings Road North, Palm Coast, FL 32137 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 Riddle Dr
Date
Details
Price
Change
Source
5/18/2026
Listed
$375,000
45.12%
MLS
11/10/2006
Sold
$258,400
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11 Riddle Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,444
4%
$354,580
2%
2024
$6,190
4%
$347,961
-5%
2023
$5,953
21%
$364,967
40%
2021
$4,937
-12%
$260,346
-23%
2022
$5,598
13%
$339,003
49%
2021
$4,937
9%
$227,883
1%
2019
$4,511
8%
$225,178
10%
2018
$4,171
7%
$204,707
7%
2017
$3,908
10%
$191,696
10%
2016
$3,567
—
$174,927
1%
2015
$3,556
67%
$173,120
21%
2014
$2,127
2%
$143,203
1%
2013
$2,090
—
$141,087
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11 Riddle Dr
11 Riddle Drive, Palm Coast, FL 32164 (MLS# FC318586) is a Single Family property with 5 bedrooms and 3 full bathrooms. 11 Riddle Drive is currently listed for $375,000 and was received on May 18, 2026. Want to learn more about 11 Riddle Drive? Do you have questions about finding other Single Family real estate for sale in Palm Coast? You can browse all Palm Coast real estate or contact a Coldwell Banker agent to request more information.

