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Active

Active·126 days on market

38 Red Mill Drive

Palm Coast, FL 32164

$380,000$128/sqftEst. $2,023/moMLS# 2118819

Beds

Baths

2,976

Sq Ft

2005

Built

Garage

Pool

About this home

Palm Coast

Rare opportunity! This beautifully maintained almost 3,000 sq ft, 4-bed, 3-bath brick home offers an exceptional chance to assume a 2.625% conventional loan for qualified buyers, an unbeatable value in today's market. Situated on a generous lot with NO HOA, this property gives you the freedom to live your way. Inside, enjoy a bright, open layout with spacious living areas, a well-equipped kitchen, and a split floor plan that provides privacy for family or guests. The primary suite features a comfortable retreat with an ensuite bath, while the additional bedrooms offer flexibility for an office or multigenerational living. Solid brick construction, convenience to daily amenities, and true move-in readiness make this home a standout for buyers seeking space, stability, and long-term affordability.

Cost to own

Mortgage calculator

Home Price

$380,000

Down Payment: 20%

$76,000

Interest Rate: 6.49%

Loan Term

Monthly Payment

$1,919

Principal & Interest: $1,919

Est. Taxes & Insurance: $480

Estimated Total Monthly

$2,399

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, Freddie Mac PMMS via FRED). Actual payments may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.0% · 30yr$2,023

Estimated total, before insurance$2,023/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

2024 property taxes (current owner): $6,477/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Sources: Florida DOR certified tax roll, NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — year not disclosed (home built 2005)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer · Palm Coast - building count > 0 within city limits · Public water (record)

County records show this parcel on central sewer served by Palm Coast - building count > 0 within city limits — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,680 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History

Price & status history

Mar 11, 2026Listed$380,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$380,000

Price / Sq Ft$128

Bedrooms4

Bathrooms3.00

Full Baths3

Square Footage2,976

Acres0.23 acres

Year Built2005

TypeResidential

Sub-TypeSingle Family Residence

StyleRanch, Traditional

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontNo

Community Information

Address38 Red Mill Drive, Palm Coast, FL 32164

Area601-Flagler County-North Central

SubdivisionNot Validd

CityPalm Coast

CountyFlagler

StateFL

Zip Code32164

Lot Size10,018.8 sq ft

Parcel Number0711317033001400200

Amenities

UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingAttached, Garage, Garage Door Opener

Interior

Interior FeaturesCeiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

AppliancesConvection Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator

HeatingCentral, Electric

CoolingCentral Air, Electric

FlooringTile

# of Stories1

LevelsOne

LaundryElectric Dryer Hookup, Washer Hookup