$458,500
$21K PRICE DROP

5 Ocean Crest Way Unit 1414 Palm Coast, FL 32137

Estimated payment $3,663/month

Total Views 5,213
3 Beds
2 Baths
1,264 Sq Ft
$363 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.

Listing Agent

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR Brokerage Phone: 888-977-1588 License #3109455 Listed on: 02/27/2025

Co-Listing Agent

Matthew Souza

COASTAL GATEWAY REAL ESTATE GR Brokerage Phone: 888-977-1588 License #3545051

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
  • Entry on the 2nd floor
  • 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
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Basement Garage
  • Common or Shared Parking
  • Ground Level Parking
  • Guest Parking
  • 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

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,152

Year Built

Built in 2005

Lot Details

0

HOA Fees

$896 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1264
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1264
  • Lot Size Sq Ft: 25860
  • Directions to Property: Palm Coast Parkway East over the Hammock Dunes Bridge straight on Hammock Dunes Parkway. Turn right onto 16th Road then left through security gate.
  • Status: Active
  • Co List Office Mls Id: MFR256500815
  • Co List Office Phone: 386-338-5000
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Palm Coast
  • Escrow Postal Code: 32137
  • Escrow State: FL
  • Escrow Street Name: N Oceanshore Blvd suite B
  • Escrow Street Number: 5182
  • Floor Number: 2
  • List Office Head Office Key Nume: 683517843
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 362.74
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Mid Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-977-1588
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 4
  • Window Features: Blinds, Drapes, Storm Window(s)
  • Street Number Modifier: 5
  • Living Area Meters: 117.43
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Covered, Ground Level, Guest, Open, Basement

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Restaurant, Sidewalks, Tennis Court(s)
  • Association Fee: 896
  • Association Fee Frequency: Monthly
  • Association Name: Tomoka Property Management - Lee Brown
  • Phone: 386-387-2010
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 5
  • Condo Land Included YN: 0
  • Max Pet Weight: 999
  • Montly Maint Amt Addition To HOA: 0
  • Development: Hammock Beach

Fee Information

  • Total Annual Fees: 10752.00
  • Total Monthly Fees: 896.00
  • Monthly HOA Amount: 896.00

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3605-00140-1414
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 2402

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4151.78
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0
  • Tax Other Annual Assessment Amount: 110

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
08/24/2025 08/24/25 Price Changed $458,500 -4.3% $363 / Sq Ft
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

Source: Stellar MLS

MLS Number: FC307688

Stellar MLS

APN: 04-11-31-3605-00140-1414

Florida Flagler County Palm Coast 32137

5 Ocean Crest Way Unit 1414, Palm Coast, FL

This home is located at 5 Ocean Crest Way Unit 1414, Palm Coast, FL 32137 and is currently priced at $458,500, approximately $362 per square foot. This property was built in 2005. 5 Ocean Crest Way Unit 1414 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Carlene Reardon
Listing Agent
Carlene Reardon
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COASTAL GATEWAY REAL ESTATE GR
(386) 603-0643