Price Reduced 5.00%

$475,000 ($243.09 per sqft)

Est. Mortgage $2,278/mo *

Quick Pre-Approval

Price History

$500,000
3/5/2026

$475,000
4/21/2026


5 RAINBOW LANE, Palm Coast, FL, 32164

5 RAINBOW LANE, Palm Coast, FL, 32164

4 beds

2022

1,954 sqft

Investor Opportunity in Palm Coast! Well-maintained duplex located at 5 Rainbow Ln in Palm Coast, offering an excellent opportunity for investors seeking immediate rental income. Both units are currently leased through the end of October, providing built-in cash flow from day one. Each unit offers comfortable living space with functional layouts, private entrances, and dedicated parking. The property is situated in a quiet residential area of Palm Coast, conveniently located near shopping, dining, parks, and major roadways, with easy access to the beach and surrounding communities. Whether you’re looking to expand your rental portfolio or secure a steady income-producing property, this duplex presents a solid investment in one of Palm Coast’s growing neighborhoods.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Inside

Units:

2

Subdivision:

PALM COAST SEC 30

Garage:

2-car Driveway, Garage Door Opener

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.23

Est. Taxes:

$5,844

Construction

Block, Concrete, Stucco

Utilities

Cable Available, Electricity Connected, Sewer Connected, Water Connected

Elementary School:

Rymfire Elementary

Middle School:

Indian Trails Middle-FC

High School:

Matanzas High

Days on Market:

47

Pet Policy:

Yes

Min Lease Term:

No Minimum

MLS #:

O6387739


Community Info

School Info

Walk Score

Yelp


Listing courtesy of Redfin Corporation 407-708-9747