$575,000
SOLD APR 4, 2025

87 Wheatfield Dr Palm Coast, FL 32164

6 Beds
4 Baths
2,956 Sq Ft
0.3 Acres

Recently Sold

$195 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Under Construction
  • High Ceiling
  • No HOA
  • Open Floorplan
  • Solid Surface Countertops
  • Family Room Off Kitchen

About This Home

As of April 2025

Under Construction. A brand-new construction duplex represents an excellent opportunity for investors seeking a multi-unit residential property with two separate living spaces, each offering potential rental income, situated in a desirable Florida location, allowing for immediate cash flow generation upon purchase. This Brand-new construction duplex has 3 bedrooms and 2 bathrooms (1478 sq. ft),2 car garage on each (444 sq. ft) side. The spacious modern designed living area features 10 -foot ceiling, solid interior doors, porcelain tile flooring in a living area and luxury vinyl floor in bedrooms, Anderson Award-Winning windows that flood the space with natural light, while the kitchen is equipped with stainless steel appliances, sleek light fixtures and ceiling fans, quarts countertops, tiled backsplash. Convenient location, just minutes from Publix, Town center, shopping, and restaurants,15 minutes' drive to Flagler Beach. You can buy a duplex as your primary residence and live in one of the units while renting out the other. COMPLETION DATE 2/27/2025. PICTURES FROM SAME MODEL 104 WELLWOOD LANE.

Last Agent to Sell the Property

Elena Tchoumakova

APEX REALTY LLC License #3228404 Listed on: 01/05/2025

Last Buyer's Agent

Mindi Scala-Sanders

FLAGLER REALTY PROFESSIONALS LLC License #3505576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,956 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4,114 Sq Ft Building
  • Built by Gilmans Development Corp
  • Palm Coast Sec 23 Subdivision, Paxton Floorplan

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$806

Year Built

Built in 2025 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Under Construction
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2956
  • Lot Size Acres: 0.3
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 4114
  • Lot Size Sq Ft: 13241
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 382.20
  • Escrow City: Palm coast
  • Escrow State: FL
  • Escrow Street Name: Utility Dr,unit 17
  • RATIO Current Price By Calculate: 194.52
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • 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, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 274.62

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12035C0138E
  • Projected Completion Date: 2025-02-27T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Pine Lakes

Fee Information

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

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7023-00640-0040
  • Additional Parcels: No
  • Flood Zone Code: X

Building Info

  • Builder Name: Gilmans Development Corp

Rental Info

  • Lease Restrictions YN: 0

Multi Family

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

Tax Info

  • Tax Annual Amount: 806
  • Tax Block: 64
  • Tax Book Number: 919
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Apr 1, 2025
Sold by
Sinkevitch Iouri
Bought by
Cintron Edgar
Seller's Agent
Elena Tchoumakova
APEX REALTY LLC
Buyer's Agent
Mindi Scala-Sanders
FLAGLER REALTY PROFESSIONALS LLC
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
5
Current Estimated Value
$575,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39
Avg. Annual Appreciation
0.01%
Original Mortgage
$431,250
Outstanding Balance
$428,278
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$146,761

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 16, 2023
Sold by
Habbouche Nabil and Tlais Khaled
Bought by
Sinkevitch Iouri
Seller's Agent
CHRISTOPHER GABRIEL
MOMENTUM REALTY
Buyer's Agent
Kseniya Edwards
VIRTUAL HOMES REALTY
List Price
$56,500
Sold Price
$57,000
Premium/Discount to List
$500
0.88%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
397.83%

Purchase Details

Closed on
Jan 18, 2023
Sold by
Yasars Llc
Bought by
Habbouche Nabil and Tlais Khaled

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 26, 2022
Sold by
Nabil Habbouche
Bought by
Yasars Llc
Seller's Agent
Christie Casey
RE/MAX ALLSTARS REALTY
Buyer's Agent
CHRISTOPHER GABRIEL
MOMENTUM REALTY
List Price
$70,000
Sold Price
$48,000
Premium/Discount to List
-$22,000
-31.43%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.83%

Purchase Details

Closed on
Dec 3, 2010
Sold by
United Community Bank
Bought by
Habbouche Nabil and Tlais Khaled

Purchase Details

Closed on
Apr 10, 2009
Sold by
Bartlett Sandra K
Bought by
United Community Bank

Purchase Details

Closed on
Jun 8, 2004
Sold by
Pontillo Anthony J
Bought by
Bartlett Sandra
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Warranty Deed $575,000 None Listed On Document
Warranty Deed $57,000 None Listed On Document
Quit Claim Deed $100 --
Warranty Deed $48,000 New Title Company Name
Limited Warranty Deed $10,000 Mercury Title Company
Deed In Lieu Of Foreclosure $97,500 Attorney
Warranty Deed $39,900 Associates Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,250 New Conventional
Closed $431,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2025 04/04/25 Sold $575,000 -3.4% $195 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $595,000 +943.9% $201 / Sq Ft
10/25/2023 10/25/23 Sold $57,000 +0.9% $5 / Sq Ft View Prior Sale
06/20/2023 06/20/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $56,500 +17.7% $5 / Sq Ft
09/07/2022 09/07/22 Sold $48,000 -31.4% $4 / Sq Ft View Prior Sale
08/12/2022 08/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $70,000 -- $6 / Sq Ft
Source: Stellar MLS

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
2025 $806 $51,500 $51,500 --
2024 $834 $44,000 $44,000 --
2023 $834 $45,000 $45,000 $0
2022 $434 $45,500 $45,500 $0
2021 $308 $24,000 $24,000 $0
2020 $262 $18,000 $18,000 $0
2019 $243 $16,600 $16,600 $0
2018 $214 $13,275 $13,275 $0
2017 $187 $10,750 $10,750 $0
2016 $177 $7,613 $0 $0
2015 $174 $6,921 $0 $0
2014 $147 $8,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC306163

Stellar MLS

APN: 07-11-31-7023-00640-0040

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