PALM COAST, FL 32164 11 RIDDLE DRIVE
$375,000



28 more




























Presented By: FLORIDA BEACHES REAL ESTATE with 386-986-6744. - 386-986-6744
Home Details
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.
Presented By: FLORIDA BEACHES REAL ESTATE with 386-986-6744. - 386-986-6744
Interior Features for 11 RIDDLE DRIVE
Bedrooms
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room, Wood Burning
Fireplace Y/NYes
FlooringCarpet, Linoleum
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesHigh Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry FeaturesInside, Laundry Room
Window FeaturesBlinds
General for 11 RIDDLE DRIVE
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
Attached Garage Yes
Builder NameAdams Homes
Building Area UnitsSquare Feet
Carport Y/NNo
CityPALM COAST
Construction MaterialsBrick
CoolingCentral Air
CountyFlagler
DirectionsSR100 to Belle Terre Head North. Take a left onto Royal Palms Parkway. Right onto Rickenbacker Drive and a left onto Riddle Drive.
Elementary SchoolRymfire Elementary
Facing DirectionSouthwest
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Spaces2
Garage Y/NYes
HeatingCentral, Electric, Heat Pump
High SchoolMatanzas High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPALM 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
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet10019
Lot Size UnitsSquare Feet
MLS Area32164 - Palm Coast
Middle/Junior High SchoolIndian Trails Middle-FC
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
Other StructuresShed(s)
OwnershipFee Simple
Patio/Porch FeaturesPatio
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPEP-Holding Tank, Public Sewer
Standard StatusActive
StatusActive
Subdivision NamePALM COAST SEC 31
Tax Annual Amount6444
Tax Lot10
Tax Year2025
Total Rooms9
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2006
ZoningDPX
Exterior for 11 RIDDLE DRIVE
Builder Model3000
Building Area Total3650
Covered Spaces2
Exterior AmenitiesIrrigation System, Private Mailbox, Storage
Foundation DetailsSlab
Lot FeaturesCity Lot, Landscaped, Level
Lot Size Acres0.23
Lot Size Area10019
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Alvaro Botero, PA
Real Estate Advisor
SQFT • 2,957