5 Ocean Crest Way Unit 1414 Palm Coast, FL 32137
Estimated payment $3,918/month
Total Views
3,798
3
Beds
2
Baths
1,264
Sq Ft
$379
Price per Sq Ft
Highlights
- Beach Access
- Golf Course Community
- Partial Gulf or Ocean Views
- Old Kings Elementary School Rated A-
- Fitness Center
- Gated Community
About This Home
* Turn-key and rental-ready * this 3-bedroom, 2-bathroom, 1,264 sq. ft. villa at Hammock Beach Resort is a proven income producer in the short-term rental program. Sold fully furnished, this unit is situated along the 10th fairway of the Ocean Course, offering strong rental demand and immediate revenue potential. Step inside to rich, dark wood flooring that flows through the kitchen, main living space, and both guest bedrooms, adding warmth and elegance. The kitchen features granite countertops, wood cabinets, a coffee station, and stainless steel appliances—all updated within the past two years. The open living area leads to a covered balcony, while the primary suite includes a dual vanity, soaking tub, walk-in tile shower, and private water closet. Two additional guest bedrooms and a full bathroom add convenience for renters. Major systems, including the AC unit and water heater, have been recently updated, minimizing maintenance concerns. As part of Hammock Beach Resort, owners and guests can enjoy access to top-tier amenities, including two championship golf courses, pools, a fitness center, on-site dining, and more—enhancing the property’s rental appeal. Whether you're looking for a hands-off investment or a vacation home with income potential, this villa is a strong performer in one of Florida’s premier resort destinations.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,152
Year Built
- Built in 2005
Lot Details
- North Facing Home
HOA Fees
- $896 Monthly HOA Fees
Property Views
- Partial Bay or Harbor
- Golf Course
- Woods
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Tile Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,264 Sq Ft Home
- 4-Story Property
- Crown Molding
- Ceiling Fan
- Drapes & Rods
- Blinds
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Parking
- Common or Shared Parking
- Ground Level Parking
- Parking Garage Space
- Open Parking
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean
- Balcony
- Covered patio or porch
- Exterior Lighting
- Rain Gutters
Utilities
- Central Air
- Heat Pump System
- Thermostat
- Underground Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 04-11-31-3605-00140-1414
- $110 per year additional tax assessments
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, common area taxes, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, pest control, pool, security, sewer, trash, water
- Tomoka Property Management Lee Brown Association, Phone Number (386) 387-2010
- Mid-Rise Condominium
- Villas Hammock Beach Ph 8 Subdivision
- The community has rules related to allowable golf cart usage in the community
Amenities
- Restaurant
- Clubhouse
- Community Mailbox
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Security
- Security Guard
- Card or Code Access
- Gated Community
- Storm Windows
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,818 | $384,822 | -- | $384,822 |
| 2023 | $3,818 | $205,017 | $0 | $0 |
| 2022 | $3,184 | $269,106 | $0 | $269,106 |
| 2021 | $2,577 | $169,435 | $0 | $169,435 |
| 2020 | $2,541 | $164,500 | $0 | $164,500 |
| 2019 | $2,504 | $159,700 | $0 | $159,700 |
| 2018 | $2,335 | $145,200 | $0 | $145,200 |
| 2017 | $2,607 | $161,300 | $0 | $0 |
| 2016 | $2,944 | $179,200 | $0 | $0 |
| 2015 | $2,900 | $179,200 | $0 | $0 |
| 2014 | $2,643 | $155,800 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | For Sale | $479,000 | +145.6% | $379 / Sq Ft |
| 01/03/2013 01/03/13 | Sold | $195,000 | -44.3% | $154 / Sq Ft |
| 10/20/2012 10/20/12 | Pending | -- | -- | -- |
| 05/10/2011 05/10/11 | For Sale | $349,900 | -- | $277 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Attorney | |
| Deed | $195,000 | First Global Title Llc | |
| Warranty Deed | $480,200 | Attorney | |
| Special Warranty Deed | $355,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $146,250 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Palm Coast, FL
Source: Stellar MLS
MLS Number: FC307688
APN: 04-11-31-3605-00140-1414
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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