For sale

$500,000

25 OCEAN CREST WAY #1242, PALM COAST, FL 32137

3beds

1,264sqft

$4,420/mo

Get pre-qualified

Condominium

Built in 2004

-- sqft lot

$-- Zestimate^®

$396/sqft

$1,016/mo HOA

What's special

Ensconced above the lush fairways with sweeping Atlantic Ocean and golf course views, this beautifully updated 3-bedroom, 2-bath penthouse condo offers the ultimate Hammock Beach Resort lifestyle. Featuring luxury vinyl plank flooring, fresh paint, updated lighting, plumbing fixtures, outlets, switches, and stylish window treatments, this residence is move-in ready with major mechanical updates including a new hot water heater, 2019 HVAC system with regular maintenance, and professionally cleaned and sanitized ductwork. Whether you’re seeking a full-time residence, vacation retreat, or income-producing short or long-term rental, this property offers exceptional flexibility. Enjoy access to Hammock Beach Club’s world-class amenities including championship golf, oceanfront pools, lazy river, fitness center, spa, tennis, pickleball, fine dining, and private beach access—all in one of Florida’s premier oceanfront resort communities.

112 days
97
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Built-in Closet
Level: Upper
Area: 183 Square Feet
Dimensions: 12x15.25

Bedroom 1

Features: Built-in Closet
Level: Upper
Area: 114.4 Square Feet
Dimensions: 9.67x11.83

Bedroom 2

Features: Built-in Closet
Level: Upper
Area: 111.06 Square Feet
Dimensions: 10.17x10.92

Balcony porch lanai

Level: Upper
Area: 108.68 Square Feet
Dimensions: 12.42x8.75

Dining room

Level: Upper
Area: 100 Square Feet
Dimensions: 12.5x8

Kitchen

Features: Built-in Closet
Level: Upper
Area: 96.84 Square Feet
Dimensions: 8.67x11.17

Living room

Level: Upper
Area: 186.56 Square Feet
Dimensions: 14.08x13.25

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry: Inside, Laundry Closet

Features

Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
Flooring: Luxury Vinyl
Windows: Window Treatments
Has fireplace: No

Interior area

Total structure area: 1,373
Total interior livable area: 1,264 sqft

Video & virtual tour

Property

Parking

Total spaces: 1
Parking features: Garage - Attached
Attached garage spaces: 1

Features

Levels: Multi/Split
Exterior features: Lighting, Private Entrance, Sidewalk, Storage
Has view: Yes
View description: Golf Course, Water, Gulf/Ocean - Full
Has water view: Yes
Water view: Water,Gulf/Ocean - Full
Waterfront features: Beach Access

Lot

Size: 0.63 Acres
Features: Near Golf Course

Details

Parcel number: 0411313605001201242
Zoning: PUD
Special conditions: None

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block, Stucco
Foundation: Slab
Roof: Tile

Condition

New construction: No
Year built: 2004

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Community & HOA

Community

Features: Association Recreation - Lease, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Restaurant, Sidewalks
Pet fee: $0 monthly
Subdivision: NORTHSHORE 05

HOA

Has HOA: Yes
Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
Services included: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Security
HOA fee: $1,016 monthly
HOA name: Tomoka Property Management, INC.

Location

Region: Palm Coast

Financial & listing details

Price per square foot: $396/sqft
Tax assessed value: $432,312
Annual tax amount: $6,224
Date on market: 5/19/2026
Cumulative days on market: 112 days
Listing terms: Cash,Conventional
Ownership: Condominium
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/19/2026	Listed for sale	$500,000-5.7%$396/sqft
Source: Stellar MLS #FC318654 Report a problem
9/10/2024	Sold	$530,000-6.2%$419/sqft
Source: Stellar MLS #FC300981 Report a problem
7/19/2024	Pending sale	$565,000$447/sqft
Source: Stellar MLS #FC300981 Report a problem
5/23/2024	Listed for sale	$565,000+119%$447/sqft
Source: Stellar MLS #FC300981 Report a problem
8/18/2017	Sold	$258,000-4.4%$204/sqft
Source: Public Record Report a problem
12/21/2016	Listed for sale	$270,000-33.5%$214/sqft
Source: Coldwell Banker Residential Real Estate - Flagler #225637 Report a problem
9/27/2004	Sold	$405,900$321/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,224 +33.8%	$432,312 +70.6%
2024	$4,651 +8.8%	$253,348 +10%
2023	$4,276 +19.7%	$230,316 +10%
2022	$3,572 +23.7%	$209,378 +10%
2021	$2,888 +1.4%	$190,344 +3%
2020	$2,847 +2.7%	$184,800 +5.2%
2019	$2,773 +8.2%	$175,670 +10%
2018	$2,563 -10.4%	$159,700 -10%
2017	$2,862	$177,400 -11.5%
2016	$2,862 -13%	$200,500
2015	$3,288 +1.4%	$200,500 +14.7%
2014	$3,243	$174,800 +0.2%
2013	--	$174,534 +9.8%
2012	--	$158,900 -19.8%
2011	--	$198,239 -30.9%
2010	--	$286,800 -13.4%
2009	--	$331,100 -30.8%
2008	--	$478,600
2007	--	$478,600 +14%
2006	--	$419,900 +22%
2005	--	$344,200