USAFLPalm CoastPalm Coast Sec 3111 Riddle Dr

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$375,000

For Sale

A month ago

11 Riddle Dr, Palm Coast, FL

House

MLS® FC318586

5 Bed

3 Bath

2957 sqft

2 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2957 sqft

Garage Yes

Taxes $6,444

Days Active 36

Lot Size

Approx. Age 2006

Avg. Price Per Sqft $126

MLS® Number FC318586

Property Address: 11 Riddle Dr, Palm Coast, FL, 32164-6524

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors! Skip the vacancy, skip the renovations, and step directly into immediate cash flow with this tenant occupied income producing property at 11 Riddle Drive in Palm Coast. This spacious 5 bedroom, 3 bathroom home offers approximately 3, 000 living square feet on just under a quarter acre lot and is already equipped with what every investor wants… built in income from day one. This property comes with established tenants already in place under a current 2 year lease and is currently producing $3, 000 per month in rental income, creating immediate cash flow without the hassle of vacancy, marketing, or tenant placement. Even better, the tenants have expressed interest in continuing their occupancy beyond the current lease term, providing strong long term stability potential for the next owner. Built by Adams Homes, quality stands out immediately. Unlike many homes built with brick veneer accents, this home features true brick construction, offering durability, craftsmanship, timeless curb appeal, and the solid feel Adams Homes are known for. Major capital improvements have already been taken care of, helping make this an attractive low maintenance investment opportunity for years to come. The home received a new architectural shingle roof in 2021 along with a new AC system and hot water heater in 2025, significantly reducing concerns over large ticket repair items and helping provide peace of mind for future ownership. Beyond the immediate income opportunity, this property also offers future upside potential through equity growth and appreciation. As the Palm Coast market continues to develop and mature, investors have the opportunity to benefit not only from monthly cash flow, but also long term wealth building through future appreciation. Whether you are looking to expand your portfolio, secure a long term hold, or add a strong performing asset with immediate income potential, this property checks all the boxes. Cash flowing opportunities with built in tenants, updated major systems, and long term upside do not come around often. This could be the next cash cow your portfolio has been waiting for.

MLS® NumberFC318586

Laundry LevelEnsuite

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age2006

Basement

Driveway

Garage Spaces

HeatCentral, Electric, Heat Pump

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 18, 2026List Date

$375,000List Price

Home Appraisal

This property is estimated to sell between: $350,000 and $388,000.

Similar properties in this area sold on average for: $350,907

Expected to sell in 78 days. Similar properties sold in 114 days. This home has been on eXp Realty for 36 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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