Offered fully furnished and already performing in the short-term rental program, this 3-bedroom, 2-bath corner villa at Hammock Beach Resort delivers immediate income potential! With 1,696 square feet of interior space and a prime location with ocean views, it consistently attracts strong rental demand. The corner-unit layout provides added light and space, beginning with a welcoming entry and extending through the tiled kitchen and living areas. The kitchen is well-appointed with granite countertops, wood cabinetry, stainless steel appliances, generous storage, and a dedicated eat-in area. Sliding doors open to a covered balcony with quiet breezes. The primary suite is designed for comfort, featuring a dual vanity, soaking tub, walk-in tile shower, and private water closet. Two additional bedrooms and a full bath accommodate guests with ease, while a spacious laundry room offers a stainless washer and dryer, built-in folding counter, and extra storage. Located within Hammock Beach Resort, owners and guests enjoy access to two championship golf courses, multiple pools, a fitness center, on-site dining, and a full suite of resort amenities. Ideal as a low-maintenance investment or a personal retreat that generates income when you’re away.
Sold for $500,000
$500,000
5 OCEAN CREST WAY #1431, PALM COAST, FL 32137
3beds
1,696sqft
Condominium
Built in 2005
-- sqft lot
$511,300 Zestimate®
$295/sqft
$3,161 Estimated rent
Home value
$511,300
$460,000 - $568,000
$3,161/mo
Zestimate® history
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Two additional bedroomsWelcoming entryExtra storageGenerous storageDedicated eat-in areaSoaking tubWalk-in tile shower
Zillow last checked:
Listing updated:
Listed by:
Carlene Reardon 386-503-5897,
COASTAL GATEWAY REAL ESTATE GR 888-977-1588
Bought with:
Krista Libby, 3350517
COASTAL GATEWAY REAL ESTATE GR
Source: Stellar MLS,MLS#: FC315174
Originating MLS: Flagler
Originating 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 Room
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Drapes, Rods, Shades
- Has fireplace: No
- Furnished: Yes
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 1,696
- Total interior livable area: 1,696 sqft
Property
Parking
- Parking features: Common, Covered, Ground Level, Guest, Open, Reserved, Under Building
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Balcony, Lighting, Rain Gutters, Sidewalk
- Has view: Yes
- View description: 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: 0411313605001401431
- 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 Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, 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, Security Gate, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: NORTHSHORE 05
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: $1,363 monthly
- HOA name: Tomoka Property Management - Lee Brown
- HOA phone: 386-387-2010
Location
- Region: Palm Coast
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $510,617
- Annual tax amount: $7,327
- Date on market: 1/10/2026
- Cumulative days on market: 44 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Sold | $500,000-7.4%$295/sqft |
Source:  Stellar MLS #FC315174 Report a problem | ||
| 2/23/2026 | Pending sale | $540,000$318/sqft |
Source: Stellar MLS #FC315174 Report a problem | ||
| 1/10/2026 | Listed for sale | $540,000+8%$318/sqft |
Source: Stellar MLS #FC315174 Report a problem | ||
| 9/8/2021 | Sold | $500,000+90.1%$295/sqft |
Source:  DBAMLS #1087237 Report a problem | ||
| 10/2/2018 | Sold | $263,000-2.2%$155/sqft |
Source: Public Record Report a problem | ||
| 8/14/2018 | Price change | $269,000-2.1%$159/sqft |
Source: Coldwell Banker Residential Real Estate - Flagler #230829 Report a problem | ||
| 7/5/2018 | Price change | $274,900-1.5%$162/sqft |
Source: Coldwell Banker Residential Real Estate - Flagler #230829 Report a problem | ||
| 11/14/2017 | Price change | $279,000-3.5%$165/sqft |
Source: Coldwell Banker Residential Real Estate - Flagler #230829 Report a problem | ||
| 6/29/2017 | Listed for sale | $289,000-41.7%$170/sqft |
Source: Coldwell Banker Residential Real Estate - Flagler #230829 Report a problem | ||
| 7/21/2005 | Sold | $495,300$292/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,016 +4.7% | $475,266 +10% |
| 2023 | $6,700 +17.5% | $432,060 +10% |
| 2022 | $5,701 +86.5% | $392,782 +62.4% |
| 2021 | $3,057 +0.1% | $241,904 +1.4% |
| 2020 | $3,054 +1.2% | $238,564 +2.3% |
| 2019 | $3,019 -11.6% | $233,200 +8.9% |
| 2018 | $3,415 -10.5% | $214,100 -10% |
| 2017 | $3,817 | $237,900 -10% |
| 2016 | $3,817 -11.6% | $264,300 |
| 2015 | $4,318 +1.5% | $264,300 +15% |
| 2014 | $4,253 | $229,800 |
| 2013 | -- | $229,800 +10% |
| 2012 | -- | $208,900 -20% |
| 2011 | -- | $261,100 -24.9% |
| 2010 | -- | $347,900 -10% |
| 2009 | -- | $386,600 -25% |
| 2008 | -- | $515,500 |
| 2007 | -- | $515,500 +14% |
| 2006 | -- | $452,200 |
Find assessor info on the county website
Neighborhood: 32137
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Nearby schools
GreatSchools rating
- 8/10Old Kings Elementary SchoolGrades: PK-5Distance: 9.2 mi
- 5/10Matanzas High SchoolGrades: 8-12Distance: 2.8 mi
- 7/10Indian Trails Middle SchoolGrades: 6-8Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Old Kings Elementary
- Middle: Indian Trails Middle-FC
- High: Matanzas High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$511,300
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Estimated market value
$511,300
- Florida
- Flagler County
- Palm Coast
- 32137
- 5 OCEAN CREST WAY Unit 1431
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