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For sale
  • Price cut: $150K (6/20)
    $1,098,999

    54 Ocean St, Palm Coast, FL 32137

    5beds
    3,639sqft
    : 
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    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
    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.
    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#: FC312117MLS LogoOriginating 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

        DateEventPrice
        6/25/2026Listed for sale$1,098,999$302/sqft
        Source: Stellar MLS #FC312117 Report a problem
        6/23/2026Pending sale$1,098,999$302/sqft
        Source: Stellar MLS #FC312117 Report a problem
        6/20/2026Price change$1,098,999-12%$302/sqft
        Source: Stellar MLS #FC312117 Report a problem
        5/7/2026Price change$1,249,000-0.1%$343/sqft
        Source: Stellar MLS #FC312117 Report a problem
        4/29/2026Price change$1,249,900+0.1%$343/sqft
        Source: Stellar MLS #FC312117 Report a problem
        4/15/2026Price change$1,249,000-10.1%$343/sqft
        Source: Stellar MLS #FC312117 Report a problem
        3/1/2026Price change$1,390,000-6.7%$382/sqft
        Source: Stellar MLS #FC312117 Report a problem
        8/21/2025Listed for sale$1,490,000-15.8%$409/sqft
        Source: Stellar MLS #FC312117 Report a problem
        8/11/2025Listing removed$1,770,000$486/sqft
        Source: Stellar MLS #A4654545 Report a problem
        6/2/2025Listed for sale$1,770,000+3512.2%$486/sqft
        Source: Stellar MLS #A4654545 Report a problem
        10/9/1998Sold$49,000$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        3 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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