NOT LISTED FOR SALE

10 Pontiac Ln Unit A and B Palm Coast, FL 32164

Estimated Value: $534,000 - $569,000

8 Beds
4 Baths
3,048 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $545,000 $179 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,736/month

137 Days on Market

Highlights

  • Cathedral Ceiling
  • Stone Countertops
  • Covered patio or porch
  • Main Floor Primary Bedroom
  • No HOA
  • Family Room Off Kitchen

About This Home

As of February 2024

Fully Occupied Spacious Duplex with Long-Term Tenants in a Great Location. NO HOA Fees | Individual Metering for Utilities!

Investors' Dream! This generously sized duplex offers a fantastic opportunity with minimal expenses.

Each unit boasts 4 bedrooms, 2 bathrooms, and a 2-car garage and inside laundry. The spacious living rooms feature soaring high ceilings, creating an open and inviting atmosphere. The kitchen is both functional and stylish, with an open concept, a large pantry, beautiful cabinetry, granite countertops, and vaulted ceilings in the living areas. Stainless steel kitchen appliances, including fridge, range, microwave, and dishwasher, clothes washer and drier are all included. Vertical blinds included for entire property.

Total Gross Monthly rent: $3,590.00. Annual Gross Income $43,080.
Expenses: Lawn Care $1200/Year. RE Taxes Appr $7,000/year . Net Income Approx: $34,880.00.
Each tenant pays for utilities. Long term tenants with leases.

Step onto the great back porch to savor your morning coffee, and the backyard offers ample space for relaxation and enjoyment.
Located just minutes away from shopping, dining, and the beach, this duplex is a prime investment opportunity you won't want to miss!"

Last Agent to Sell the Property

Salvatore Cavalieri

RE/MAX TOWN & COUNTRY REALTY Brokerage Phone: 407-695-2066 License #3337020 Listed on: 09/07/2023

RE/MAX TOWN & COUNTRY REALTY

Last Buyer's Agent

Salvatore Cavalieri

RE/MAX TOWN & COUNTRY REALTY Brokerage Phone: 407-695-2066 License #3337020 Listed on: 09/07/2023

RE/MAX TOWN & COUNTRY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 2022

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,048 Sq Ft Home
  • Coffered Ceiling
  • Cathedral Ceiling
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Stone Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Private Mailbox

Schools

  • Rymfire Elementary School
  • Buddy Taylor Middle School
  • Flagler-Palm Coast High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Pep-Holding Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Palm Coast Sec 28 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • Gross Income $43,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$538

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3048
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2022
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 10019
  • Tenant Pays: Electricity, Trash Collection, Water
  • Directions to Property: At Belle Terre Parkway turn east at Ponce de Leon Dr., turn left at Pony Express dr. then turn right at Pontiac Lane, Duplex on your right side.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1050539
  • RATIO Current Price By Calculate: 178.81
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-695-2066
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Coffered Ceiling(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • Window Features: Blinds, Insulated Windows
  • Street Number Modifier: 10
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 283.17

Exterior Features

  • Exterior Features: Private Mailbox, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0139E

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: PEP-Holding Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Belle Terre

Fee Information

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

Schools

  • Elementary School: Rymfire Elementary
  • High School: Flagler-Palm Coast High
  • Middle Or Junior School: Buddy Taylor Middle

Lot Info

  • Zoning: X
  • Parcel Number: 07-11-31-7028-00130-0130
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 931

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Total Actual Rent: 3590
  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 43080
  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 538
  • Tax Block: 13
  • Tax Book Number: 328
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Feb 15, 2024
Sold by
Malife Llc
Bought by
Gomez Tirso J and Gomez Maria F
Seller's Agent
Salvatore Cavalieri
RE/MAX TOWN & COUNTRY REALTY
Buyer's Agent
Salvatore Cavalieri
RE/MAX TOWN & COUNTRY REALTY
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Views
186
Current Estimated Value
$548,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,257
Avg. Annual Appreciation
0.12%
Original Mortgage
$408,750
Outstanding Balance
$403,551
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$142,362

Purchase Details

Closed on
Mar 18, 2021
Sold by
Sg Flagler Holdings Llc
Bought by
Seagate Homes Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gomez Tirso J $545,000 Leading Edge Title
Seagate Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Tirso J $408,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $545,000 -3.5% $179 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
12/06/2023 12/06/23 Price Changed $565,000 +21.5% $185 / Sq Ft
12/06/2023 12/06/23 Price Changed $465,000 -21.8% $153 / Sq Ft
09/07/2023 09/07/23 For Sale $595,000 -- $195 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $8,187 $432,376 $45,500 $386,876
2023 $8,187 $441,896 $44,000 $397,896
2022 $538 $43,500 $43,500 $0
2021 $389 $20,000 $20,000 $0
2020 $254 $15,500 $15,500 $0
2019 $230 $13,500 $13,500 $0
2018 $202 $10,500 $10,500 $0
2017 $184 $9,500 $9,500 $0
2016 $170 $7,986 $0 $0
2015 $162 $7,260 $0 $0
2014 $144 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6139772

Stellar MLS

APN: 07-11-31-7028-00130-0130