5 OCEAN CREST Way, #1411, Palm Coast, FL, 32137 | $575,000

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.

Features

  • Parking: Underground
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Amenities: Beach Access, Clubhouse, Golf Course, Jogging Path, Playground, Sauna, Security, Spa/Hot Tub
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Unit
  • Complex: Hammock Beach
  • Year Built: 2005
  • Common Charge: $1,202 Monthly
  • Approx Sq. Feet: 1,696
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • MLS#: 2083598
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/2083598/5oceancrestway_palmcoast_fl?source=qrflyer
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Listing courtesy of LPT REALTY LLC

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

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

$575,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.025% 6.132%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,908 $3,022 $3,851
Total Monthly Payment $3,000 $3,114 $3,943

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.