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$499,900

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 4 Total Baths
  • 2,575 Sq. Ft.
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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.

Full Property Details for 5 Rainstone Ln

General

  • Price: $499,900
  • Taxes: $6,388 (2025)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: FC315542
  • Updated: 1/27/2026
  • Added to Site: 25 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Interior Features: Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Private Mailbox
  • Deck/Patio: Covered
  • Porch/Patio/Deck: Covered

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 30
  • Driving Directions: Belle Terre Parkway to Rymfire, right turn onto Rae Drive, right turn onto Rainbrook, left turn to Raintree Place, turn left onto Rainstone Lane

Community

  • Community Name: 32164 - Palm Coast

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Square Feet: 2,575
  • Sq. Ft. Source: Public Records
  • Year Built: 2022

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Lot Size: 10019
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $6,388
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PALM COAST SECTION 30 BLOCK 00025 LOT 0003 SUBDIVISION COMPLETION YEAR 1980 OR 182 PG 157
  • Flood Zone Info: X
  • APN: 711317030002500030
  • Property ID: 711317030002500030
  • Block/Lot/Section: 25

Listed by Virtual Homes Realty

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— 5 Rainstone Ln —

  • Virtual Homes Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5 Rainstone Ln

School District:Flagler County School District
NameGradesDistance
Rymfire Elementary School
1425 Rymfire Drive, Palm Coast, FL 32164
PK-51.8 mi
Indian Trails Middle School, Palm Coast, FL
5505 Belle Terre Parkway, Palm Coast, FL 32137
6-85 mi
Matanzas High School
3535 Old Kings Road North, Palm Coast, FL 32137
9-126.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5 Rainstone Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$499,900
26.27%
MLS
1/31/2023
Sold
$395,900
—
Public Record
Get Price Alerts and Save Property
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 for 5 Rainstone Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,388
-2%
$351,463
-1%
2024
$6,492
-4%
$354,348
-3%
2023
$6,738
1547%
$363,657
1632%
2021
$409
-52%
$21,000
-53%
2022
$847
107%
$44,500
178%
2021
$409
82%
$16,000
58%
2019
$225
14%
$10,099
10%
2018
$198
15%
$9,181
7%
2017
$172
9%
$8,550
6%
2016
$158
3%
$8,100
17%
2015
$154
15%
$6,897
2%
2014
$134
13%
$6,750
18%
2013
$119
—
$5,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5 Rainstone Lane, Palm Coast, FL 32164 (MLS# FC315542) is a Duplex property with 6 bedrooms and 0 full bathrooms. 5 Rainstone Lane is currently listed for $499,900 and was received on January 26, 2026. Want to learn more about 5 Rainstone Lane? Do you have questions about finding other Duplex 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.

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