To schedule a showing of 5 Rainbow Lane, Palm Coast, Florida, Call David Shippey at 863-521-4517 TODAY!
$475,000 | 4 beds | N/A full baths | N/A half baths | 1,954 sqft
Palm Coast, FL 32164
- 4Beds
- 4.00Total Baths
- 0 Full, 0 HalfBaths
- 1,954SqFt
- 2022Year Built
- 0.23Acres
- MLS# O6387739
- Income
- Duplex
- Active
- Approx Time on Market3 months, 5 days
- Area32164 - Palm Coast
- CountyFlagler
- Subdivision Palm Coast Sec 30
Overview
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 youre looking to expand your rental portfolio or secure a steady income-producing property, this duplex presents a solid investment in one of Palm Coasts growing neighborhoods.
Agriculture / Farm
Association Fees / Info
Pets Allowed: Yes
Bathroom Info
Total Baths: 4.00
Building Info
Roof: Shingle
Buyer Compensation
Exterior Features
Exterior Features: Lighting, Other
Fees / Restrictions
Financial
Original Price: $500,000
Garage / Parking
Parking Features: Driveway, Garage, GarageDoorOpener
Attached Garage: Yes
Garage: Yes
Green / Env Info
Interior Features
Laundry Features: Inside
Interior Features: EatInKitchen, MainLevelPrimary, OpenFloorplan, SolidSurfaceCounters
Lot Info
Direction Remarks: Head east on E Moody Blvd, Turn left onto Old Kings Rd, Turn left onto Town Center Blvd, Turn right onto Royal Palms Pkwy, Turn right onto Belle Terre Pkwy, Turn left onto Rymfire Dr, Turn right onto Rae Dr, Turn right onto Raintree Pl, Turn right onto Rainbow Ln, Destination will be on the left
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Sqft: 10,019
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 07
Class Type: Duplex
Property Sub Type: Duplex
Construction Materials: Block, Concrete, Stucco
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 1,954
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 3
Tax Legal Description: PALM COAST SEC 30 BL 26 LT 3 OR 274 PG 472 OR 679 PG 510
Tax Block: 26
Tax Annual Amount: 5844
Tax Book Number: 472
Unit Info
Total Units: 2
Utilities / Hvac
Heating: Central, Electric
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableAvailable, ElectricityConnected, SewerConnected, WaterConnected
Waterfront / Water
Directions
Head east on E Moody Blvd, Turn left onto Old Kings Rd, Turn left onto Town Center Blvd, Turn right onto Royal Palms Pkwy, Turn right onto Belle Terre Pkwy, Turn left onto Rymfire Dr, Turn right onto Rae Dr, Turn right onto Raintree Pl, Turn right onto Rainbow Ln, Destination will be on the leftThis listing courtesy of Redfin Corporation
MLS# OM722822 
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MLS IDX data last updated on 06-10-2026 8:43 AM EST.
If you have any questions on 5 Rainbow Lane, Palm Coast, Florida, please call David Shippey at 863-521-4517.
MLS# O6387739 located at 5 Rainbow Lane, Palm Coast, Florida is brought to you by David Shippey REALTOR®
5 Rainbow Lane, Palm Coast, Florida has 4 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 5 Rainbow Lane, Palm Coast, Florida is O6387739.
The price for 5 Rainbow Lane, Palm Coast, Florida is $475,000.
The status of 5 Rainbow Lane, Palm Coast, Florida is Active.
The subdivision of 5 Rainbow Lane, Palm Coast, Florida is Palm Coast Sec 30.
The home located at 5 Rainbow Lane, Palm Coast, Florida was built in 2026.