Property
ActiveResidential
1/33
$375,000

11 RIDDLE DRIVE

Palm Coast, FL 32164
5
Beds
3
Baths
2,957
SqFt
0.23
Acres
STELLAR
#FC318586
Updated: May 19, 2026, 9:38am

Property 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.
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Included Appliances
DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigerator

Property Details

Interior
Appliances
DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigerator
Bathrooms Total Decimal
3
Building Area Total
3650
Cooling
Central Air
Fireplace Features
Living RoomWood Burning
Flooring
CarpetLinoleum
Furnished
Unfurnished
Heating
CentralElectricHeat Pump
Interior Features
High CeilingsOpen FloorplanPrimary Bedroom Main FloorSolid Wood CabinetsThermostatTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)Window Treatments
Laundry Features
InsideLaundry Room
Living Area
2957
Rooms Total
9
Window Features
Blinds
Construction
Builder Model
3000
Builder Name
Adams Homes
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Brick
Direction Faces
Southwest
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
2006
Site & Exterior
Covered Spaces
2
Exterior Features
Irrigation SystemPrivate MailboxStorage
Flood Zone Code
X
Garage Spaces
2
I D X Participation
Yes
Lot Features
City LotLandscapedLevel
Lot Size Acres
0.23
Lot Size Area
10019
Lot Size Square Feet
10019
Lot Size Units
Square Feet
Other Structures
Shed(s)
Patio And Porch Features
Patio
Public Survey Range
31
Public Survey Section
07
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
PEP-Holding TankPublic Sewer
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable ConnectedElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source
Public
Zoning
DPX
Financials
Calculated List Price By Calculated Sq Ft
126.82
Contract Status Change Date
2026-05-18
Currency Monthly Rent Amt
3000
Current Price
375000
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2028-05-01
Minimum Lease
No Minimum
Owner Name
JAMES RICHARD TAYLOR
Ownership
Fee Simple
Parcel Number
0711317031001600100
Public Survey Township
11
Tax Annual Amount
6444
Tax Block
16
Tax Legal Description
PALM COAST SECTION 31 BLOCK 00016 LOT 0010 SUBDIVISION OR 348 PG 754 OR 1280 PG 1249- 1250-ACM&DC OR 1280 PG 1252 OR 1511 PG 1403 OR 2241/615- TAYLOR TRUST
Tax Lot
10
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32164 - Palm Coast
Subdivision Name
PALM COAST SEC 31
Schools
Ratings
Elementary
Rymfire Elementary
Middle
Indian Trails Middle-FC
High
Matanzas High
Listing provided courtesy of STELLAR via IDX. Updated: May 19, 2026, 9:38am.
Tony Garren

Listing Agent

FLORIDA BEACHES REAL ESTATE

Call Agent