Spacious Palm Coast Home: Exceptional Value in a Buyer’s Market!
Discover an incredible opportunity at 57 Fordham Ln, Palm Coast, FL 32137! This delightful 4-bedroom, 2-bathroom single-family home offers a generous 1,928 sqft of comfortable living space on a well-maintained lot. Built in 1985, this home provides a solid foundation for your Florida lifestyle, boasting ample room for a growing family or those seeking a peaceful permanent residence in a desirable community.
Priced at an attractive $279,000, with an estimated refinance payment of just $2,061/month, this property presents remarkable value in the current Palm Coast market. Consider these powerful insights:
- The median listing home price in 32137 was $390,760 in May 2025, and the median sold price for 4-bedroom homes in 32137 in June 2025 was $479,000.
- This property is priced significantly below the median, offering substantial immediate equity potential. Its price per square foot (approx. $144/sqft) is also well below the median listing price per square foot of $200 in 32137.
- Palm Coast, and specifically the 32137 zip code, is currently a “Buyer’s Housing Market”. Home values in 32137 were down 4.1% over the past year (through May 2025), and homes are selling for about 3% below list price, with a median of 61-100 days to pending. This means buyers have more leverage and time to secure a great deal.
- For investors, the average rent for a 4-bedroom house in Palm Coast ranges from $2,100 to $3,400/month, indicating strong potential for rental income.
Palm Coast offers a fantastic blend of coastal living and community amenities, with access to beautiful beaches, golf courses, and an array of outdoor activities. While there is a major flood risk in the area (60% of properties at risk over 30 years), careful consideration of flood insurance and elevation should be part of due diligence. This home is perfect for a family looking for space and affordability, or an investor seeking a profitable asset in a growing Florida city.
Add Review