CENTURY 21 Edge

107 RAE DRIVE, PALM COAST, FL, 32164

Active332 days on marketListed Sep 10, 2025MLS #O6343248

Priced 78% below the PALM COAST 32164 medianReduced $5KPALM COAST SEC 30

About this home

107 RAE DRIVE

Discover the possibilities at 107 Rae Drive, a buildable 0.23-acre homesite offering approximately 10,019 square feet in an established Palm Coast neighborhood surrounded by attractive residences. Design and build the Florida home you have envisioned while enjoying convenient access to everyday essentials and major roadways. Palm Coast Fire Station 25 is approximately 1.6 miles away, Publix at Palm Coast Town Center is 2.2 miles away, Rymfire Elementary School is 2.6 miles away, Target is 3 miles away, and the Starbucks at State Road 100 and Belle Terre Boulevard is approximately 3.1 miles away. Interstate 95, accessible from Exit 284 at State Road 100, is approximately 5.2 miles away, making travel toward Daytona Beach, St. Augustine, and Jacksonville convenient. Shopping, dining, medical services, Flagler Executive Airport, parks, recreational attractions, and the Atlantic beaches are also within a comfortable drive. Cable, electricity, and water are available nearby. Don’t miss this opportunity to bring your vision to life in one of Florida’s growing coastal communities. Go directly and visit the property at your convenience to experience its location and potential firsthand.

Facts & features

The home at a glance

0.23 ac

Lot size

Pets allowed

Inside

Outside & construction

Community & fees

HOA fee$155/mo
Taxes (2024)$458/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electrical Nearby · Water Nearby
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$828 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$442
FHA mortgage insurance (est.)$33
Property tax — 2024 actual bill$38
HOA fee — from the listing$155
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $2,625Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $2,625
Interest rate6.00%
Loan term

Estimated payment

$828/mo

Principal & interest$442
FHA mortgage insurance (est.)$33
Property taxes (actual bill)$38
HOA / condo fee$155
Est. insurance$160

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.

Where it sits

Inside Lehigh Woods

Map of 107 RAE DRIVE inside its neighborhood boundary

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

ElementaryRymfire Elementary School★★★★★
MiddleBuddy Taylor Middle School★★★★★
HighFlagler-Palm Coast High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Palm Coast market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$355K$361K

Palm Coast median sold, yr/yr

97.1%

Sale-to-list ratio (12 mo)

Median sold price, Palm Coast, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 78% below the PALM COAST 32164 median. See the full Palm Coast market guide →

Paper trail

This home's history

CurrentPrice reduced to $75,000 $5K
Sep 10, 2025Listed at $80,000 · 332 days on market since

Reality check

What actually sold near 107 RAE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

17 RANDOLPH DRIVESold · Dec ’25

$229,900

17 RANDOLPH DRIVE · same community

3 bd · 1 ba · 1,008 sqft · $228/sqft · 0 DOM

29 RAELAND LANESold · Feb ’26

$222,500

29 RAELAND LANE · same community

3 bd · 2 ba · 1,120 sqft · $199/sqft · 0 DOM

10 RANDOU PLACESold · Apr ’26

$308,900

10 RANDOU PLACE · same community

3 bd · 2 ba · 1,211 sqft · $255/sqft · 261 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.

German Parra Tovar

Your agent

German Parra Tovar

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 107 RAE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 107 RAE DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

107 RAE DRIVE FAQs

What would the monthly payment be for 107 RAE DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $828/mo — principal and interest, the actual property-tax bill, the $155/mo association fee 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.

How much are the HOA fees at 107 RAE DRIVE?+

The association fee works out to $155 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 107 RAE DRIVE?+

The most recent tax bill on record (2024) was $458. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 107 RAE DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Palm Coast?+

At $75,000, this home is listed about 81% below the Palm Coast median of $399,900. The market section on this page shows how the area is trending.

Which schools are assigned to 107 RAE 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.

The brief

Three things that matter here

01Under the PALM COAST 32164 market on paper

$75,000 is 78% below the PALM COAST 32164 median of $342,500.

02Time on market is leverage

332 days on market against a Palm Coast median of 50 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $80,000, now $75,000 — a $5K cut. The full history is in the market section below.

Listing courtesy of SERHANT · Lisell Melo. MLS #O6343248.

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.

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