5 Rainstone Ln

Palm Coast, FL 32164

$499,900
Price
6
Beds
4
Baths
2,575 Sq. Ft.
$194 / Sq. Ft.
2,575
Sq. Ft.
$194
per Sq. Ft.
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front view of a house with a street
a view of a hallway with elevator
a bathroom with a sink and a shower
a kitchen with stainless steel appliances kitchen island granite countertop a sink and cabinets
a view of a kitchen and dining area
a kitchen with a refrigerator and cabinets
a kitchen with stainless steel appliances granite countertop wooden cabinets a sink and dishwasher
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a potted plant
a view of an entryway with wooden floor
a bathroom with a granite countertop sink toilet a mirror a vanity and shower
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a window
a view of a bathroom from a hallway
a bathroom with a granite countertop sink toilet and shower
a bathroom with a shower a toilet and sink
a view of outdoor space and yard
a view of a hallway with wooden floor
a bathroom with a sink and a mirror
a kitchen with a dining table chairs and refrigerator
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator and a dining table
a view of a dining room with furniture and wooden floor
a kitchen with a refrigerator and cabinets
a kitchen with granite countertop wooden cabinets and a stove top oven
a living room with granite countertop furniture a rug a flat screen tv and a table
a living room with furniture and wooden floor
a living room with furniture and a flat screen tv
a bedroom with a bed and wooden floor
a bathroom with a sink toilet and shower
a view of a hallway with wooden floor
a view of livingroom with furniture
a view of a workspace with furniture and wooden floor

Description

Excellent investment opportunity! This 2022-built concrete block duplex features two identical units, each offering 3 bedrooms, 2 bathrooms, and a 1-car garage. Ideal 1031 Exchange Replacement Property! Both sides are currently rented, producing a combined annual income of $38,900, with long-term tenants in place who maintain their units impeccably and wish to continue leasing. Unit Side A has agreed to a rent increase upon lease expiration, offering immediate upside potential. Designed for easy...Excellent investment opportunity! This 2022-built concrete block duplex features two identical units, each offering 3 bedrooms, 2 bathrooms, and a 1-car garage. Ideal 1031 Exchange Replacement Property! Both sides are currently rented, producing a combined annual income of $38,900, with long-term tenants in place who maintain their units impeccably and wish to continue leasing. Unit Side A has agreed to a rent increase upon lease expiration, offering immediate upside potential. Designed for easy ownership, both units feature granite countertops, no carpeting, and durable finishes throughout, keeping maintenance costs low. Built with solid concrete block construction, this property is ideal for investors seeking a turnkey, low-maintenance asset with reliable cash flow. Serious inquiries only. Please do not disturb tenants. Showings by appointment only with proof of funds or financing in place.
  1. Listed by Alina Pekarsky • Brokerage DRE #1042939 • VIRTUAL HOMES REALTY
    P: (386)-569-5383 C: (386)-569-5383 alina@vhrfl.com

Property Details for 5 Rainstone Lane

Subdivision Name
PALM COAST SEC 30
Township
11
Garage Spaces
2
Waterfront
No
LISTING UPDATED: 01/27/2026 06:54 AM

Property Details for 5 Rainstone Lane

StatusActive
MLS #FC315542
Days on Market31
Taxes$6,388 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2022
Lot Size0.23 AC / 10,019 SF
CountyFlagler County
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Location

Listing Courtesy of VIRTUAL HOMES REALTY
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Building Information for 5 Rainstone Lane

Stories-Residences2Year Built2022Building Size-Lot Size0.23 AC / 10,019 SF

Payment Calculator

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$2,969 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,436

Property Taxes

$532

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Rainstone Lane

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Belle Terre Parkway to Rymfire, right turn onto Rae Drive, right turn onto Rainbrook, left turn to Raintree Place, turn left onto Rainstone Lane
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5
  • Street Name: RAINSTONE
  • Street Suffix: LANE
  • State: FL
  • City: PALM COAST
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 25
  • Tax Book Number: 07
  • Tax Legal Description: PALM COAST SECTION 30 BLOCK 00025 LOT 0003 SUBDIVISION COMPLETION YEAR 1980 OR 182 PG 157
  • Tax Lot: 3
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0711317030002500030
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: DPX
  • Living Area: 2575
Property and Assessments
  • Year Built Numeric: 2022
  • Flood Zone Code: X
  • Flood Zone Date: 06-06-2018
  • Flood Zone Panel: 12035C0138E
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 31
  • Public Survey Section: 07
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Private Mailbox
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric, Heat Pump
  • Interior Features: Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $38,900.00
  • Unit Count: 2

Property History for 5 Rainstone Lane

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

MFRMLS #FC315542

$499,900—
Jan 31, 2023

Sold (Public Record)

Public Record #1506207908

$395,900

+133.0% / yr

Jan 7, 2021

Sold (Public Record)

Public Record #1436645697

$69,000—
DateEvent & SourcePrice
01/26/2026

Listed (Active)

MFRMLS #FC315542

$499,900
01/31/2023

Sold (Public Record)

Public Record #1506207908

$395,900

+133.0% / yr

01/07/2021

Sold (Public Record)

Public Record #1436645697

$69,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Rainstone Lane

Taxable ValueLand$53,500Additions$297,963Total$351,463
Tax Record2025$6,388 ($532 / month)
Home Facts
Total Finished SqFt2,575 SqFtAbove Grade Finished SqFt2,575 SqFtStories1Lot Size10,019 SqFtStyleMulti-Family Dwelling (2-4)Year Built2022ZoningDPXCountyFLAGLERAPN07-11-31-7030-00250-0030

Schools near 5 Rainstone Lane

This home is within Flagler.
Rating
School
Type
Grades
Distance
Rymfire Elementary School
Public - PK to 5
Indian Trails Middle School
Public - 6 to 8
Matanzas High School
Public - 7 to 12
Imagine School Town Center
Charter - K to 8
Rating
School
Distance
Rymfire Elementary School
PublicPK to 5

Indian Trails Middle School
Public6 to 8

Matanzas High School
Public7 to 12

Imagine School Town Center
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5 Rainstone Lane, Palm Coast, FL 32164

5 Rainstone Lane is a multi-family home for sale in Palm Coast, FL 32164. This property was listed for sale on January 26, 2026 by VIRTUAL HOMES REALTY, it's currently listed at $499,900. It has been on the market for a total of 31 days and was last sold on January 31, 2023. This listing's school district is Flagler. Nearby schools include Rymfire Elementary School, Indian Trails Middle School and Matanzas High School. 5 Rainstone Lane is a 6-bed, 4-bath, 2,575 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VIRTUAL HOMES REALTY

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.