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$419,000

5 OCEAN CREST WAY #1414
PALM COAST, FL 32137
Listed by Carlene Reardon · COASTAL GATEWAY REAL ESTATE GR
Bedrooms
3
Bathrooms
2
Living area
1,264 sqft
Year built
2005

About this home

Turn-key and rental-ready — this 3-bedroom, 2-bathroom, 1,264 sq. ft. villa at Hammock Beach Resort is a proven income producer in the short-term rental program. Sold fully furnished, this unit is situated along the 10th fairway of the Ocean Course, offering strong rental demand and immediate revenue potential. Step inside to rich, dark wood flooring that flows through the kitchen, main living space, and both guest bedrooms, adding warmth and elegance. The kitchen features granite countertops, wood cabinets, a coffee station, and stainless steel appliances—all updated within the past two years. The open living area leads to a covered balcony, while the primary suite features brand new carpet, a dual vanity, soaking tub, walk-in tile shower, and private water closet. Two additional guest bedrooms and a full bathroom add convenience for renters. A brand new AC unit and recently updated water heater minimize maintenance concerns and boost buyer confidence. As part of Hammock Beach Resort, owners and guests can enjoy access to top-tier amenities, including two championship golf courses, pools, a fitness center, on-site dining, and more—enhancing the property’s rental appeal. Whether you're looking for a hands-off investment or a vacation home with income potential, this villa is a strong performer in one of Florida’s premier resort destinations.

Property details

MLS
Stellar MLS
MLS #
MFRFC307688
Property type
Condominium
Subdivision
VILLAS HAMMOCK BEACH PH 8
Status
Active
Days on market
418
On market date
February 27, 2025
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.59 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
BELLE TERRE ELEMENTARY SCHOOL
4.4 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,360
Student:teacher ratio
16.4:1
District
FLAGLER
Middle
INDIAN TRAILS MIDDLE SCHOOL
4.39 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
911
Student:teacher ratio
20.2:1
District
FLAGLER
High
MATANZAS HIGH SCHOOL
2.72 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,716
Student:teacher ratio
24.9:1
District
FLAGLER

Walkability

Blended score for PALM COAST's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

37
Car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
60 / 100
Restaurants & cafes14
Grocery stores2
Parks7
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in PALM COAST, from live MLS data.

On the market 418 days -- 308 more days than PALM COAST's current average of 110 days.
For reference, the median list price across 2,012 active listings in PALM COAST right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$2,673/mo
$83,800 down
$335,200 loan
Principal & interest$2,174
Property tax (est.)$349
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 28, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.