1 Wheel Pl - Residential Income FOR SALE


Palm Coast, FL 32164
$599,000 USD
904-626-0959
1 Wheel Pl, Palm Coast, FL for Sale
$599,000 USD
Residential Income - FOR SALE
1/20
null | 5.38% Cap Rate

1 Wheel Pl
Palm Coast, FL 32164


OVERVIEW

We are pleased to present this investment opportunity in Flagler County. This duplex is 2,622 SF total and is located on an oversized 14,258 SF lot (.33 Acres). Currently tenant-occupied 6-12 month leases. You can rent out both units for the income or live on one side and rent the other. The duplex home also offers a unique opportunity for multigenerational living, perfect for accommodating extended family while maintaining privacy. The units are fully firewall separated to facilitate future splitting into separate deeded properties as desired. Each of the two units has 1,311 SF of living space along with a 499 SF two-car garage and a 158 SF covered and tiled lanai with ceiling fan. The floor plan features an open living area with cathedral ceilings (10'-13'), recessed lighting and a large ceiling fan. The units have eight-foot doors and ten-foot ceilings throughout with a tray ceiling in the master bedroom. Each bedroom includes an installed ceiling fan. The master bath has a cultured marble vanity top and a tiled walk-in shower with a glass enclosure. The second bath has a cultured marble vanity top and a tiled tub/shower. The kitchen is finished with quartz countertops and a tile backsplash. Appliances include a Samsung washer and dryer installed in the two-car garage. The garage also features an electric door opener, pull-down attic stairs and an epoxy-coated floor. The property is centrally located in Palm Coast with convenient access to Palm Coast Parkway, US-1 and Belle Terre Blvd and is within five miles of I-95.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

5.38%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagler County Duplex Investment Opportunity

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

DPX

APN/PARCEL ID

07-11-31-7023-00520-0240

ASK ABOUT THIS PROPERTY

Timothy CarrollWatson Commercial Realty, Inc.More Info
904-626-0959

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Timothy CarrollWatson Commercial Realty, Inc.More Info
904-626-0959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.