5 Rainbow Lane, Palm Coast, FL 32164

Palm Coast
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
5 Rainbow Lane,Palm Coast, FL 32164
$475,000
  • 4 Beds
  • 4 Baths
  • 1,954 sq. ft.
  • Multi-family
  • Active
Listed by: thomas bayrouty, jr
Office: redfin corporation
MLS#:O6387739
Source:MFRMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$243.09

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2022
  • Listing ID #:O6387739
  • Added:95 day(s) ago
  • Updated:June 09, 2026 at 01:19 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Dining Description:Eat In Kitchen
  • Kitchen Description:Eat-in Kitchen, Solid Surface Counters
  • Bedroom Description:Primary Bedroom Main Floor
  • Living area:1,954 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2022
  • Building area:1,954 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Block, Concrete, Stucco
  • Exterior Features:Lighting
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Matanzas High
  • Middle school:Indian Trails Middle-FC
  • Elementary school:Rymfire Elementary

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$243.09
  • Tax amount:$5,844 (2025)

Features and amenities

  • Laundry features:Inside
  • Amenities:Cable Available, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters
  • Pool features:Public Pool

Parking

  • Parking description:Attached Garage, Driveway, Garage Door Opener
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Better Homes and Gardens Real Estate Atchley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Atchley Properties, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

New listings near 5 Rainbow Lane