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For sale
  • Price cut: $39.5K (4/25)
    $419,000

    5 Ocean Crest Way APT 1414, Palm Coast, FL 32137

    3beds
    1,264sqft
    : 
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    Condominium
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $331/sqft
    $896/mo HOA

    What's special

    Covered balconyGranite countertopsBrand new carpetSoaking tubRich dark wood flooringWood cabinetsWalk-in tile shower
    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 features brand new carpet, 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. A brand new AC unit and recently updated water heater minimize maintenance concerns and boost buyer confidence. 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.
    508 days
    |
    174
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlene Reardon 386-503-5897,

    COASTAL GATEWAY REAL ESTATE GR 888-977-1588,

    Matt Souza 386-503-0624,

    COASTAL GATEWAY REAL ESTATE GR

    Source: Stellar MLS,MLS#: FC307688MLS LogoOriginating MLS: Flagler

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      Primary bathroom
      • Level: First
      Bathroom 2
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Closet
      Features
      • Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Engineered Hardwood, Tile
      • Doors: Sliding Doors
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 1,264
      • Total interior livable area: 1,264 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Common, Covered, Ground Level, Guest, Open, Under Building
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Patio, Rear Porch
      • Exterior features: Balcony, Lighting, Rain Gutters, Sidewalk
      • Has view: Yes
      • View description: Golf Course, Trees/Woods, Water, Gulf/Ocean - Partial
      • Has water view: Yes
      • Water view: Water,Gulf/Ocean - Partial
      • Waterfront features: Beach Access, Gulf/Ocean Access
      Lot
      • Size: 0.59 Acres
      Details
      • Parcel number: 0411313605001401414
      • Zoning: PUD
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Mediterranean
      • Property subtype: Condominium
      Materials
      • Block, Concrete, Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Restaurant, Sidewalks, Tennis Court(s)
      • Security: Gated Community, Key Card Entry, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: VILLAS HAMMOCK BEACH PH 8
      HOA
      • Has HOA: Yes
      • Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
      • HOA fee: $896 monthly
      • HOA name: Tomoka Property Management - Lee Brown
      • HOA phone: 386-387-2010
      Location
      • Region: Palm Coast

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $384,822
      • Annual tax amount: $4,151
      • Date on market: 2/27/2025
      • Cumulative days on market: 489 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/25/2026Price change$419,000-8.6%$331/sqft
        Source: Stellar MLS #FC307688 Report a problem
        8/25/2025Price change$458,500-4.3%$363/sqft
        Source: Stellar MLS #FC307688 Report a problem
        2/27/2025Listed for sale$479,000+145.6%$379/sqft
        Source: Stellar MLS #FC307688 Report a problem
        1/17/2013Sold$195,000-59.4%$154/sqft
        Source: Public Record Report a problem
        6/2/2006Sold$480,200$380/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,152 +8.7%$225,519 +10%
        2023$3,818 +19.9%$205,017 +10%
        2022$3,184 +23.6%$186,379 +10%
        2021$2,577 +1.4%$169,435 +3%
        2020$2,541 +1.5%$164,500 +3%
        2019$2,504 +7.2%$159,700 +10%
        2018$2,335 -10.4%$145,200 -10%
        2017$2,607 $161,300 -10%
        2016$2,607 -11.4%$179,200
        2015$2,944 +1.5%$179,200 +15%
        2014$2,900 $155,800
        2013-- $155,800 +10%
        2012-- $141,600 -20%
        2011-- $177,000 -21.2%
        2010-- $224,600 -10%
        2009-- $249,600 -25%
        2008-- $332,800
        2007-- $332,800 +14%
        2006-- $292,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32137

        Getting around

        28 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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