Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$500,000

5 OCEAN CREST Way 1411, Palm Coast, FL 32137, Palm Coast, FL 32137

Hammock Beach

Price
$500,000
Beds / Baths
3 / 2
Living area
1,696 sqft
Year built
2005
Type
Condo
Lot
Garage
0
HOA
$1,202/mo
CDD
Yes
Flood zone
Unknown
County
Flagler
Days on market
518

$295/sqft asking, vs a $269/sqft median across 30 closed sales in 32137 over the last 12 months — 10% above the area's closed prices. Condition and lot vary; that's what a showing is for.

Step into a lifestyle of relaxation, beauty, and effortless comfort in this stunning 3-bedroom, 2-bathroom corner condominium located in the most desirable Villa building at Hammock Beach Resort. From the moment you walk through the elegant entry foyer, you'll feel a sense of welcome that instantly feels like home. Inside, this unit comes fully furnished and features an open-concept design that seamlessly blends a chef's kitchen, a cozy breakfast nook, a spacious living room, and an inviting dining area—perfect for both quiet mornings and lively gatherings. The kitchen features rich 42-inch cabinets, granite countertops, and stainless steel appliances. The dining and living areas are bathed in natural light, creating a space where laughter, connection, and memories take center stage. The private balcony is your own personal retreat—a peaceful space to sip your morning coffee, unwind in the evening air, or simply pause and soak in the tranquil surroundings. The split-bedroom floor plan offers privacy and space for everyone. The primary suite is a true sanctuary, complete with a walk-in shower, a soaking tub for those long, relaxing baths, granite double vanities, and a spacious walk-in closet. Two additional bedrooms and a full bathroom ensure your guests or loved ones feel right at home. You'll also appreciate the full laundry and utility roomtucked away, yet always convenient. This unit is currently enrolled in the Hammock Beach Resort rental program and is booked solid through October 2025meaning the new owner will inherit a stream of income from day one. Resort living is just steps away, with world-class amenities including fine and casual dining, a luxurious spa, state-of-the-art fitness center, a water slide, lazy river, and two championship golf courses designed by legends Jack Nicklaus and Tom Watson. Nature lovers will find themselves minutes from pristine state parks, scenic trails, and peaceful marinas. And when it's time to explore, you're just a short drive from the historic charm of St. Augustine or the vibrant energy of Daytona Beach. Whether you're searching for a full-time residence, a luxurious vacation getaway, or a high-performing investment property, this beautiful condominium delivers on every level. Don't miss your chance to own a slice of the Hammock Beach lifestyleschedule your showing today.

What to check on this one

  • Obtain condo milestone inspection report (20-year building study required by Florida law).
  • Request SIRS report and reserve study; verify funding status and upcoming assessments.
  • Confirm CDD bond payoff amount and remaining obligation at closing.
  • Review HOA documents for rental restrictions; verify short-term-rental eligibility if needed.
  • Order 4-point inspection and wind-mitigation report; check insurer appetite for 21-year-old condo.
  • Verify roof age, HVAC age, and remaining warranty on furnished items.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$2,594/mo
Property tax (1.1% eff., Flagler Co.)$458/mo
Homeowners insurance (est.)$292/mo
HOA$1,202/mo
CDD assessment (est.)$167/mo
All-in monthly (est.)$4,713/mo

Loan $400,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of LPT REALTY LLC. Data via realMLS (Northeast Florida MLS), updated May 11, 2026, 6:37 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.