Ultimate Beachside Living in Palm Coast, FL! Custom-Built 5BR/5.5BA Luxury Home | 100 Yards to the Beach Walkover at the end of the street-Zoned for VACATION RENTAL!!! | Lavish Pool | Elevator | Oversized Garage Live the coastal dream in this one-of-a-kind custom-built beach house just 100 yards from the beach walkover in beautiful Palm Coast, Florida. Designed for those who crave sunshine, sand, and style, this immaculate home combines modern luxury with a laid-back beach lifestyle. This property can be AirBnB, Income projections are available upon request. FEATURES YOU’LL LOVE: Lavish Second-Floor Pool with Southern Exposure — soak up the sun all day long in your private retreat! Elevator to all three floors for easy access and convenience. Massive Garage with built-in custom shelving and extra storage for beach gear, bikes, paddleboards, and more. 5 Spacious Bedrooms | ?? 5.5 Designer Bathrooms — plenty of space for family, guests, or a vacation rental. Sustainable Cork Flooring throughout for comfort, beauty, and durability. Heated Bathroom Floors and Floor-to-Ceiling Tile in every bathroom for spa-like luxury. Central Vacuum System on all three floors for effortless cleaning. Three-Zone A/C System — individual climate control for each floor. Alarm System for peace of mind, whether you're home or away. This is a one-owner home, crafted with care and meticulous attention to detail — the perfect blend of form, function, and coastal elegance. Wake up to sea breezes, stroll to the beach in minutes, relax in the sun-drenched pool, and entertain in style. Whether you’re seeking a full-time residence, vacation getaway, or investment property, this beachside gem checks all the boxes. Nestled in a quiet, beachside neighborhood in Palm Coast with easy access to local restaurants, golf courses, and scenic coastal trails. ATTENTION INVESTORS!!!! High-Income Luxury Short-Term Rental in Fast-Growing Coastal Market "The Hammock" best kept secret in Florida. Located just steps from the sand in the highly desirable Hammock area of Palm Coast, this exceptional 5-bedroom, 5.5-bath coastal retreat at 54 Ocean St offers a rare combination of luxury, location, and proven income potential. Spanning over 3,600 sq ft, the home features a private pool, elevator, high-end finishes, and an unbeatable walk-to-beach location (~100 yards). Positioned in one of the area’s strongest vacation rental corridors near Ritz Carlton, Hammock Beach Golf Resort & Spa and Cinnamon Beach, the property is ideally suited for premium short-term rental performance. It's large footprint and high guest capacity makes it especially attractive for group and multi-family stays, supporting strong nightly rates and consistent occupancy. Estimated average nightly rate: $450–$550 Peak season rates: $700 Potential gross annual income: $100,000-$125,000+ Zoned for short-term vacation rentals This property sits in a rapidly growing coastal community, benefiting from increasing tourism demand and regional expansion along Florida’s northeast coast. Within driving distance of major destination hubs including St. Augustine (~30–40 minutes) and Orlando (~60 minutes), providing access to world-famous historic attractions, entertainment, theme parks, and international air travel. With a limited supply of large luxury beach homes in this corridor and steadily increasing demand, this asset is positioned for both strong cash flow and long-term appreciation.
For sale
Price cut: $150K (6/20)
$1,098,999
54 Ocean St, Palm Coast, FL 32137
5beds
3,639sqft
Single Family Residence
Built in 2007
9,375 Square Feet Lot
$-- Zestimate®
$302/sqft
$-- HOA
What's special
Private poolSun-drenched poolHigh-end finishesQuiet beachside neighborhoodAlarm systemSustainable cork flooring throughoutHeated bathroom floors
- 322 days |
- 1,424 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Jewels 386-931-7003,
COLDWELL BANKER (HAMMOCK) 386-246-2380,
Steven Jewels 386-931-7002,
COLDWELL BANKER (HAMMOCK)
Source: Stellar MLS,MLS#: FC312117
Originating MLS: Flagler

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Area: 324 Square Feet
- Dimensions: 18x18
Great room
- Level: Second
- Area: 400 Square Feet
- Dimensions: 20x20
Kitchen
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Central, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
Features
- Ceiling Fan(s), Central Vacuum, Eating Space In Kitchen, Elevator, Walk-In Closet(s)
- Flooring: Ceramic Tile, Cork
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Living Room, Master Bedroom
Interior area
- Total structure area: 6,231
- Total interior livable area: 3,639 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Lighting, Private Mailbox
- Has private pool: Yes
- Pool features: Deck, Gunite
- Has view: Yes
- View description: Water, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Partial
- Waterfront features: Beach Access, Gulf/Ocean Access
Lot
- Size: 9,375 Square Feet
- Dimensions: 75 x 125
- Residential vegetation: Trees/Landscaped
Details
- Parcel number: 1710314200000200130
- Zoning: SFR
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom,Mediterranean
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Built-Up,Membrane
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MARINELAND ACRES
HOA
- Has HOA: No
Location
- Region: Palm Coast
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $973,759
- Annual tax amount: $6,286
- Date on market: 8/21/2025
- Cumulative days on market: 391 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $1,098,999$302/sqft |
Source: | ||
| 6/23/2026 | Pending sale | $1,098,999$302/sqft |
Source: | ||
| 6/20/2026 | Price change | $1,098,999-12%$302/sqft |
Source: | ||
| 5/7/2026 | Price change | $1,249,000-0.1%$343/sqft |
Source: | ||
| 4/29/2026 | Price change | $1,249,900+0.1%$343/sqft |
Source: | ||
| 4/15/2026 | Price change | $1,249,000-10.1%$343/sqft |
Source: | ||
| 3/1/2026 | Price change | $1,390,000-6.7%$382/sqft |
Source: | ||
| 8/21/2025 | Listed for sale | $1,490,000-15.8%$409/sqft |
Source: | ||
| 8/11/2025 | Listing removed | $1,770,000$486/sqft |
Source: | ||
| 6/2/2025 | Listed for sale | $1,770,000+3512.2%$486/sqft |
Source: | ||
| 10/9/1998 | Sold | $49,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,548 +2% | $440,569 +3% |
| 2023 | $6,419 +4% | $427,737 +3% |
| 2022 | $6,171 +1.2% | $415,279 +3% |
| 2021 | $6,097 +0% | $403,183 +1.4% |
| 2020 | $6,097 +0.9% | $397,618 +2.3% |
| 2019 | $6,042 -0.3% | $388,678 +1.9% |
| 2018 | $6,058 +1.1% | $381,431 +2.1% |
| 2017 | $5,990 | $373,586 +2.1% |
| 2016 | $5,990 +0.5% | $365,902 +0.7% |
| 2015 | $5,958 +8.2% | $363,358 +0.8% |
| 2014 | $5,507 | $360,474 +1.5% |
| 2013 | -- | $355,147 -5% |
| 2012 | -- | $373,996 -1.8% |
| 2011 | -- | $380,743 -9.5% |
| 2010 | -- | $420,748 -23.8% |
| 2009 | -- | $551,924 -21% |
| 2008 | -- | $698,386 +145% |
| 2007 | -- | $285,000 |
| 2006 | -- | $285,000 +46.2% |
| 2005 | -- | $195,000 -7.4% |
| 2004 | -- | $210,541 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 8/10Old Kings Elementary SchoolGrades: PK-5Distance: 11.1 mi
- 5/10Matanzas High SchoolGrades: 8-12Distance: 3.1 mi
- 7/10Indian Trails Middle SchoolGrades: 6-8Distance: 5.1 mi
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A local lender can help you make sure your offer is ready when you are.
- Florida
- Flagler County
- Palm Coast
- 32137
- 54 Ocean St








