Active$416,900
191 UNDERWOOD TRAIL
PALM COAST, FL 32164
4 beds3 baths2,332 sqft
1 / 48
Active · Multi-Family
87 PONY EXPRESS DRIVE
PALM COAST, FL 32164
Beds
6 beds
Baths
4 baths
Area
2,592 sqft
Multi-FamilyBuilt 200410,019 sqft lot2-car garageCentral, Electric, Heat PumpCentral Air$176/sqftListed today
About this home
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!
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 4
- Living area
- 2,592 sqft
- Heating
- Central, Electric, Heat Pump
- Cooling
- Central Air
- Features
- Thermostat, Walk-In Closet(s)
Exterior & lot
- Lot size
- 10,019 sqft (0.23 ac)
- Roof
- Tile
- Construction
- Block, Stucco
- Exterior
- Private Mailbox, Sliding Doors
Parking
- Garage
- 2 spaces
Financial
- Annual tax
- $6,428 (2025)
- Price / sqft
- $176/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Available, Sewer Connected, Water Connected
Property
- Property type
- Multi-Family
- Year built
- 2004
- Subdivision
- PINE GROVE
- County
- Flagler
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR802806755
- Source
- Stellar MLS
Listed by Alina Pekarsky · VIRTUAL HOMES REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOAEstimated monthly payment$2,837/mo
- Principal & interest
- $2,301/mo
- Property tax
- $536/mo
- Home insurance
- Left out until you enter a quote
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 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.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 19, 2026 | Listed | $455,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for PALM COAST, FL are not connected yet, so this page does not show them.
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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