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11 Riddle Drive

PALM COAST, FL 32164
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Bed 5

Bed

Bath 3

Bath

SqFt2,957

Sqft

Acres0.23

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $375,000

AD Id : 78852221

MLS Id : MFRFC318586

Beds : 5

Lot Size : 0.23 Acre

Living Area Size : 2,957

Year Built : 2006

Garage : 2

County : Flagler

Subdivision: Palm Coast Sec 31

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments Roof: Shingle Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator Laundry Features: Inside, Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Linoleum Construction Materials: Brick
  • Heating & Cooling

    Heating: Central, Electric, Heat Pump Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2006
  • Exterior Features

    Private Mailbox, Storage Construction Materials: Brick Foundation Details: Slab

  • Lot Information

    Lot Description: City Limits, Landscaped, Level, Paved Lot Square Feet: 10019 Lot Acres: 0.23 Lot Size (SqMt): 931

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$375000

  • Tax Information

    Tax Block: 16 Tax Book Number: 0 Tax Lot: 10 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 Annual Tax: $6444 Tax Year: 2025 Parcel Number: 07-11-31-7031-00160-0100

  • School Information

    Elementary School: Rymfire Elementary Junior High School: Indian Trails Middle-FC Senior High School: Matanzas High
  • Utility Information

    BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected Sewer: Holding Tank, Public Sewer Water Source: Public
  • Location Information

    Subdivision: PALM COAST SEC 31 City: PALM COAST Direction: SR100 to Belle Terre Head North. Take a left onto Royal Palms Parkway. Right onto Rickenbacker Drive and a left onto Riddle Drive.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9 September Place, Palm Coast, FL, 32164 $335,000 3 2 1,598 1,598 SqFt
54 Selma Trail, Palm Coast, FL, 32164 $375,000 4 3 2,399 2,399 SqFt
34 Secretary Trail, Palm Coast, FL, 32164 $359,900 4 2 2,238 2,238 SqFt
34 Secretary Trail, Palm Coast, FL, 32164 $359,900 4 2 2,238 2,238 SqFt
105 Selma Trail, Palm Coast, FL, 32164 $389,900 4 2 1,873 1,873 SqFt
4 Seriema Court, Palm Coast, FL, 32164 $324,900 3 2 1,368 1,368 SqFt
19 Sedgefield Path, Palm Coast, FL, 32164 $324,900 3 2 1,368 1,368 SqFt
51 Sentinel Trail, Palm Coast, FL, 32164 $424,900 4 3 2,363 2,363 SqFt
51 Sentinel Trail, Palm Coast, FL, 32164 $424,900 4 3 2,363 2,363 SqFt
30 Sergeant Court, Palm Coast, FL, 32164 $269,000 3 2 1,174 1,174 SqFt
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ByOwner last updated this listing 06/06/2026 @ 18:20

MLS: MFRMLS #FC318586 LISTED BY: Tony Garren, FLORIDA BEACHES REAL ESTATE 386-986-6744 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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