NOT LISTED FOR SALE

23 Plateau Ln Unit A Palm Coast, FL 32164

Estimated Value: $381,000 - $429,272

4 Beds
4 Baths
1,943 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $435,000 $224 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,206/month

81 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Sliding Doors

About This Home

As of September 2024

This property represents an outstanding chance to own a remarkable duplex, less than 2 years old, offering immediate ownership and immediate income without the wait for new development. Unit B is currently leased and professionally managed by a reputable property management company, offering investors a hassle-free opportunity for $1530 monthly for the next year. Unit A is currently staged for your viewing pleasure. Built with durability in mind, the duplex is constructed using concrete block and boasts a stucco exterior, guaranteeing longevity and resilience against the elements. Each unit is meticulously designed and features two bedrooms, two baths, and a garage, ensuring both comfort and convenience for residents. Inside, the units showcase open floor plans that create a spacious and welcoming atmosphere. The generously sized kitchens are adorned with elegant maple cabinetry, granite countertops, a breakfast bar, and sleek stainless-steel appliances, elevating the appeal of these residences. Featuring elegant wood-look vinyl plank flooring and an open layout, this duplex is designed for modern living. Granite countertops in the baths add a touch of luxury to the overall design. For added convenience, each unit is equipped with washer and dryer connections, providing easy access to laundry facilities. Rest assured that your investment is in capable hands, with dedicated management ensuring smooth operations and tenant satisfaction. To ensure the comfort and privacy of our tenants, viewings of the occupied unit will be arranged during the due diligence period. We prioritize maintaining a peaceful environment for our tenants and appreciate your understanding in this matter. Note: Income is based on one unit being leased.

Last Agent to Sell the Property

LISA LEATH

SUNCOAST PROPERTY MANAGEMENT L Brokerage Phone: 904-667-4459 License #0513550 Listed on: 05/24/2024

Last Buyer's Agent

LISA LEATH

SUNCOAST PROPERTY MANAGEMENT L Brokerage Phone: 904-667-4459 License #0513550 Listed on: 05/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 2023

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,943 Sq Ft Home
  • Open Floorplan
  • Sliding Doors

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Southwest Quadrant Ph 01 04 Subdivision

Building Details

  • Operating Expense $3,836
  • Gross Income $18,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$787

Year Built

Built in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1943
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2023
  • Lot Size Sq Ft: 10019
  • Tenant Pays: Electricity, Gas, Water
  • Directions to Property: From I-95 South, Take exit 289 toward Palm Coast, Turn right onto Palm Coast Pkwy. Turn left onto Belle Terre Pkwy. Turn left onto Parkview Dr. Turn right onto Plainview Dr Turn left onto Plateau Pl. Go for 79 ft.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Cape Coral, FL 33904
  • Escrow Postal Code: 33904
  • Escrow State: FL
  • Escrow Street Name: Del Prado Blvd S, Suite 304
  • Escrow Street Number: 3637
  • List Office Head Office Key Nume: 529793704
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 223.88
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 904-667-4459
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 23
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 180.51

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • 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: 07-11-31-7025-00030-0070
  • Additional Parcels: No
  • Flood Zone Code: x
  • Lot Size Square Meters: 931

Rental Info

  • Total Actual Rent: 1530
  • Additional Lease Restrictions: Always check with city and county government regarding leasing restrictions.

Multi Family

  • Gross Income: 18360
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 787.4
  • Tax Block: 3
  • Tax Book Number: 135/347
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Burke Jeffrey B
Bought by
Jeffrey B Burke Family Revocable Trust and Burke
Current Estimated Value
$403,757

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 28, 2024
Sold by
Baxter Richard and Lynn Marie
Bought by
Burke Jeffrey B
Seller's Agent
LISA LEATH
SUNCOAST PROPERTY MANAGEMENT L
Buyer's Agent
LISA LEATH
SUNCOAST PROPERTY MANAGEMENT L
List Price
$469,900
Sold Price
$435,000
Premium/Discount to List
-$34,900
-7.43%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.61%

Purchase Details

Closed on
Mar 1, 2023
Sold by
Southern Impression Homes Llc
Bought by
Baxter Richard and Baxter Lynn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,184
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2021
Sold by
Siut Vivian and Creative Group Corp
Bought by
Southern Impression Homes Llc

Purchase Details

Closed on
Oct 20, 2020
Sold by
Vakhovsky Boris
Bought by
Siut Vivian and Creative Group Corp

Purchase Details

Closed on
Oct 6, 2003
Sold by
Humbert Bldr Inc
Bought by
Vakhovsky Boris

Purchase Details

Closed on
Mar 28, 2003
Sold by
Hentschke Fred and Hentschke Vera
Bought by
Humbert Bldr Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Jeffrey B Burke Family Revocable Trust -- None Listed On Document
Burke Jeffrey B $435,000 Anchor Title
Baxter Richard $476,000 Anchor Title Services Llc
Southern Impression Homes Llc $40,000 Truly Title Inc
Siut Vivian $17,000 Olde Florida Title Llc
Vakhovsky Boris $28,900 --
Humbert Bldr Inc $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter Richard $333,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $435,000 -2.2% $224 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $445,000 -4.3% $229 / Sq Ft
06/28/2024 06/28/24 Price Changed $464,900 -2.1% $239 / Sq Ft
05/25/2024 05/25/24 Price Changed $474,900 +1.1% $244 / Sq Ft
05/24/2024 05/24/24 For Sale $469,900 -- $242 / 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 $787 $277,446 $43,500 $233,946
2023 $787 $42,500 $42,500 $0
2022 $818 $43,000 $43,000 $0
2021 $399 $20,500 $20,500 $0
2020 $247 $15,500 $15,500 $0
2019 $217 $12,350 $12,350 $0
2018 $190 $9,500 $9,500 $0
2017 $172 $8,550 $8,550 $0
2016 $156 $7,650 $0 $0
2015 $157 $7,425 $0 $0
2014 $141 $6,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM678462

Stellar MLS

APN: 07-11-31-7025-00030-0070