$550,000
NEW CONSTRUCTION

2 Rainbow Ln Palm Coast, FL 32164

Estimated payment $3,138/month

Total Views 2,712
3 Beds
2 Baths
2,377 Sq Ft
$231 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Corner Lot
  • Indian Trails Middle School Rated A-
  • End Unit
  • High Ceiling

About This Home

Built by Blue Crown Construction! What makes this property especially attractive is that it is located on a corner lot, with entrances to each unit on different sides. Many upgrades throughout: 12 ft. Trey ceilings, luxury vinyl waterproof floorings with extra high baseboards, tile, upgraded Kitchen with SS appliances including refrigerators, 42-inch Cabinets, Granite counter tops, kitchen island, sliding doors with blinds in between to reduce dust, Ceiling fans, LED light fixtures, as well as painted flooring in the garage (each unit got 1 car Garage with Remote Opener, access to attic. Each unit has 1185 Sq. Ft..). Master suite has trey celling, walk in closet and in suite bathroom, instant (tankless) water heater, kitchen exhaust fan and more. Excellent investment opportunity,1031 Exchange or you can live on one side and rent the other. Also great for larger families.

Listing Agent

Elena Tchoumakova

APEX REALTY LLC License #3228404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.29 Acre Lot
  • End Unit
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,377 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3,333 Sq Ft Building
  • Palm Coast Sec 30 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2377
  • Lot Size Acres: 0.29
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 3333
  • Lot Size Sq Ft: 12502
  • Directions to Property: BELLE TERRE PARKWAY S, RIGHT ON RYMFIRE DRIVE, RIGHT ON RAE DRIVE, RIGHT ON RAINTREE PLACE, RIGHT CORNER OF RAINTREE PLACE AND RAINBOW LANE .
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Escrow City: Palm coast
  • Escrow Postal Code: 32137
  • Escrow State: FL
  • Escrow Street Name: Utility drive
  • Escrow Street Number: 5
  • List Office Head Office Key Nume: 579203050
  • RATIO Current Price By Calculate: 231.38
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows
  • Street Number Modifier: 2
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 220.83

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0138E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Not in Development

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7030-00250-0160
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Lot Size Square Meters: 1161

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 815
  • Tax Block: 25
  • Tax Book Number: 186
  • Tax Lot: 16

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $456 $44,500 $44,500 --
2023 $456 $16,663 $0 $0
2022 $454 $45,000 $45,000 $0
2021 $313 $21,500 $21,500 $0
2020 $275 $17,000 $17,000 $0
2019 $243 $13,775 $13,775 $0
2018 $224 $12,350 $12,350 $0
2017 $192 $9,450 $9,450 $0
2016 $174 $8,550 $0 $0
2015 $177 $8,415 $0 $0
2014 $159 $7,650 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 For Sale $550,000 +1000.0% $231 / Sq Ft
07/27/2023 07/27/23 Sold $50,000 -23.1% $36 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $65,000 -5.8% $46 / Sq Ft
06/20/2023 06/20/23 Price Changed $69,000 -2.8% $49 / Sq Ft
03/04/2023 03/04/23 Price Changed $71,000 -4.1% $51 / Sq Ft
01/21/2023 01/21/23 For Sale $74,000 -61.0% $53 / Sq Ft
05/22/2017 05/22/17 Sold $189,900 0.0% $97 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $189,900 -- $97 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $60,000 Watson Title Services
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: Stellar MLS

MLS Number: FC306059

Stellar MLS

APN: 07-11-31-7030-00250-0160