11 RIDDLE DRIVE, PALM COAST, FL, 32164
Active66 days on marketListed May 18, 2026MLS #FC318586
About this home
11 RIDDLE DRIVE
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.
Facts & features
The home at a glance
5
Bedrooms
3
Bathrooms
2,957
Sqft
0.23 ac
Lot size
2
Garage
2006
Year built
One
Levels
$127
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,070 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,070/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−10.1%
$/sqft vs PALM COAST SEC 31
$127 vs $223
Days on market
66 vs 47 typical
Where $127/sqft sits among the 13 homes for sale in PALM COAST SEC 31
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lehigh Woods
Get to know Palm Coast. See the full Palm Coast guide →
Lehigh Woods — neighborhood snapshot
Population
13,339
Median age
44
Median income
$69,773
Median home value
$292,425
Avg household
3
Households w/ children
1,584
For the school run
Flagler County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Coast market
$353K → $373K
Palm Coast median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
4 of 13
PALM COAST SEC 31 have cut their price
Median sold price, Palm Coast, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 10% above the PALM COAST 32164 median. See the full Palm Coast market guide →
Paper trail
This home's history
Reality check
What actually sold near 11 RIDDLE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$355,000
9 RIPPLE PLACE · same community
4 bd · 2 ba · 2,565 sqft · $138/sqft · 30 DOM
Sold · Mar ’26$380,000
5 RIPPLING PLACE · same community
4 bd · 2 ba · 2,312 sqft · $164/sqft · 36 DOM
Sold · Jul ’26$300,000
34 RICHARDSON DRIVE · same community
3 bd · 2 ba · 2,294 sqft · $131/sqft · 86 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 11 RIDDLE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11 RIDDLE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
11 RIDDLE DRIVE FAQs
What would the monthly payment be for 11 RIDDLE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,070/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 11 RIDDLE DRIVE?+
The most recent tax bill on record (2025) was $6,444. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Palm Coast?+
At $375,000, this home is listed about 5% below the Palm Coast median of $395,000. The market section on this page shows how the area is trending.
Which schools are assigned to 11 RIDDLE DRIVE?+
Rymfire Elementary School (elementary), Buddy Taylor Middle School (middle), Flagler-Palm Coast High School (high) — Flagler County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA BEACHES REAL ESTATE · Tony Garren. MLS #FC318586.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Palm Coast homes, in your inbox
Like 11 RIDDLE DRIVE but not quite? A daily digest of every new listing in Palm Coast — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →