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$569,500

14 Karas Trail Palm Coast, FL 32164 Multi Unit - Multiple Active

  • 14 Karas Trail, Unit A & B, Palm Coast, FL 32164 Main Photo

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Description

One or more photo(s) has been virtually staged. LARGE SPACIOUS DUPLEX WITH LONG-TERM TENANTS - PRIME PALM COAST LOCATION | NO HOAExcellent investment opportunity with strong income potential and low owner expenses. This spacious duplex is located in a desirable Palm Coast neighborhood near schools, shopping, dining, major roadways, parks, and just minutes from the beach.Each unit features 4 bedrooms, 2 bathrooms, a 2-car garage, and an inside laundry room. Spacious living areas showcase soaring vaulted ceilings that create an open and airy atmosphere. The open-concept kitchen offers a large pantry, beautiful cabinetry, granite countertops, and overlooks the fully tiled living space.BOTH units have kitchen stainless steel appliances including refrigerator, range, microwave, dishwasher, clothes washer, and dryer are included. Vertical blinds throughout the property are also included. Washer and dryers included in both units.Electric and water are separately metered, with utilities paid directly by tenants-helping keep ownership expenses low and maximizing efficiency.INCOME INFORMATION:Total Gross Monthly Income: $3,630/monthProjected Annual Gross Income: $43,560Unit A: Currently leased at $1,705/monthLease expiration: June 30, 2026Unit B: Currently leased at $1,925/monthLease expiration: December 31, 2026Approximate Annual Expenses: Lawn Care: $1,200 Property Taxes (2025): $6,908.14 Insurance: Approximately $1,800Approximate Net Annual Income: $33,651.86?? SPECIAL BUYER INCENTIVE: Professional Property Management INCLUDED for 1 full year through The Cavalieri Property Management.Whether you are expanding your investment portfolio or seeking a strong income-producing property with built-in cash flow and long-term tenants already in place, this duplex offers location, size, stability, and excellent upside potential. Schedule your private showing today.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.23 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,908
Year Built: 2021

General Information

Bedrooms: 8
Sqft: 1,524
County: Flagler
High School: Flagler-Palm Coast High
Subdivision: PALM COAST
Listed By:
Katty Cavalieri THE CAVALIERI GROUP REALTY LLC 954-257-5973

Amenities

Coffered Ceiling(s)
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Sliding Doors

Property Features

Annual Net Income: 33652.00
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Directions: From I-95: Take Exit 284 toward SR-100 / Palm Coast Parkway. Head west on Palm Coast Parkway, turn left onto Belle Terre Parkway, continue south, then turn right onto Karas Trail. Property will be on your right: 14 Karas Trail, Palm Coast, FL 32164.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.23
Number of Pets: 1
Ownership: Fee Simple
Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Size Limit
Pets Restrictions: Non aggressive dog breeds. Maximum of 25lbs.
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 25
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Holding Tank
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Utilities: Cable Available, Water - Multiple Meters
Water: Public
Water Access Y/N: No
Zoning: DPX
$569,500
8beds
1,524sqft
2cars
New to the Market Active
BEDS8 BATHS SQUARE FEET1,524 MLS#O6408535
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPALM COAST

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14 Karas Trail, Unit A & B, Palm Coast, FL 32164.

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Estimated Payment

$ 2,662.60 per month $1,920.83 Principal & Interest $575.67 Property Tax $166.10 Homeowner's Insurance

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