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87 PONY EXPRESS DRIVE UNIT A & B

Multi-family For Sale
$455,000

BTC: 5.94771242

ETH: 189.58333333

1 days
6 bds
2,592 sqft

Overview

Income-Producing Duplex – Both Sides Already Rented! Amazing investment opportunity at 87 Pony Express! This well-maintained duplex offers immediate rental income with both units already occupied, making it an excellent turnkey addition to any real estate portfolio. Each side features 3 bedrooms, 2 bathrooms, and a 1-car garage, with spacious and comfortable living areas, easy-care tile flooring throughout, and a screened porch for enjoying Florida's year-round outdoor lifestyle. The property also features an attractive tile roof. Best of all, the income is already in place! One side is currently rented for $1,650 per month and the other for $1,690 per month, generating a combined $3,340 in monthly rental income and $40,080 annually. Conveniently located close to shopping, restaurants, schools, major roadways, and just a short drive to Palm Coast's beautiful beaches, this property offers the combination investors are looking for—location, strong rental demand, and immediate cash flow. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex is a fantastic opportunity with established tenants already in place. Start collecting rental income from day one!

Location

Florida • PALM COAST • 32164 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2004
Lot:
0.23 Acres
Heating:
Central / Electric / Heat Pump
Price/sqft:
$176
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$414,450
$303K – $499K
Confidence Low
List vs. estimate
$40K above estimate
List $455,000 · +9.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$175
-12.3% vs. city median $200
Based on
28 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,428
2025
Garage
2 car garage
Pets
Allowed
All facts and features

  • Heating

    • Central

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Other interior features

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox / Sliding Doors

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 0711317028001000040

    • Zoning: DPX

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,428

  • Source details

    • MLS ID: FC320691

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Patio And Porch Features: Covered / Rear Porch / Screened

    • Window Features: Blinds

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2592

    • Water Source: Public

    • Subdivision Name: PINE GROVE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32164
619
median $349K
Active
Same city
PALM COAST
1,508
median $371K
Active
Same type
Multi-family
27
median $500K
Active
Similar price
$318K – $591K
777
median $393K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: VIRTUAL HOMES REALTY