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Sold · Multi-Family

2 RAINBOW LANE

PALM COAST, FL 32164

Beds
6 beds
Baths
4 baths
Area
2,377 sqft
Multi-FamilyBuilt 202412,502 sqft lot2-car garageCentral, Electric, Heat PumpCentral Air$227/sqft597 days on market

About this home

Built by Blue Crown Construction! What makes this property especially attractive is that it is located on a corner lot, with entrances to each unit on different sides. Many upgrades throughout: 12 ft. Trey ceilings, luxury vinyl waterproof floorings with extra high baseboards, tile, upgraded Kitchen with SS appliances including refrigerators, 42-inch Cabinets, Granite counter tops, kitchen island, sliding doors with blinds in between to reduce dust, Ceiling fans, LED light fixtures, as well as painted flooring in the garage (each unit got 1 car Garage with Remote Opener, access to attic. Each unit has 1185 Sq. Ft..). Master suite has trey celling, walk in closet and in suite bathroom, instant (tankless) water heater, kitchen exhaust fan and more. Excellent investment opportunity,1031 Exchange or you can live on one side and rent the other. Also great for larger families.

Facts & features

Interior

Bedrooms
6
Bathrooms
4
Living area
2,377 sqft
Heating
Central, Electric, Heat Pump
Cooling
Central Air
Features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s)…
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator

Exterior & lot

Lot size
12,502 sqft (0.29 ac)
Roof
Shingle
Construction
Block, Concrete
Exterior
Sliding Doors

Parking

Garage
2 spaces

Financial

Annual tax
$815 (2024)
Price / sqft
$227/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Property

Property type
Multi-Family
Year built
2024
Subdivision
PALM COAST SEC 30
County
Flagler

Listing

Status
Sold
Days on market
342 days
MLS #
MFR743848083
Source
Stellar MLS

Listed by Elena Tchoumakova · APEX REALTY LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$518k
−4.0% vs asking
$486k low$551k high

Based on 22 comparable sales within 4 miles of PALM COAST, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$2,799/mo
Principal & interest
$2,731/mo
Property tax
$68/mo
Home insurance
$0/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
May 22, 2026Price reduced$540,000−$10,000
May 22, 2026Sold$540,000
Dec 28, 2024Listed$550,000

NeighbourhoodSample data

Reference scores for PALM COAST, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
41/ 100
Car-dependent
Transit Score
52/ 100
Good transit
Bike Score
81/ 100
Very bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

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