54 OCEAN ST, PALM COAST, FL 32137

Under contract-accepting backup offers. BACK ON MARKET DUE TO NO FAULT OF THE SELLER! 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 on the 2nd floor off the living room and kitchen | 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 available. 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.