5 Ocean Crest Way, FL
Stellar MLS

$500,000

5 Ocean Crest Way

Palm Coast, FL 32137

Listing updated: May 1, 2026 at 10:01 AM ET

Active
3
Beds
2
Baths
1,696
Sq Ft
0.59
Acres
2005
Built
$295/sqft
Condominium

Property type

2005

Year built

25,860 sqft

Lot size

$295

Price / sq ft

No HOA

HOA dues

372

Days on market

x

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$2,528
Property taxes$551
Home insurance (est.)$229

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history372 days on market

  1. Status: Active
    Apr 24, 2025
  2. Listed$575,000
    Apr 24, 2025
  3. Price reduced$500,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
372
Subdivision
Northshore 05
County
Flagler
Year built
2005
Living area
1,696 sq ft
Price/sq ft
$295
Lot size
25,860 sq ft
Flood zone
x
Annual taxes
$6,614 (2024)
Parcel #
04-11-31-3605-00140-1411
Zoning
X
MLS #
FC309209

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Interior Details

Bedrooms
3
Full bathrooms
2
Flooring
Carpet, Tile
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Interior features
Ceiling Fans(s), Walk-In Closet(s)
Laundry
Inside
Stories / Levels
One
Direction faces
South

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$1,202/mo
Total annual fees
$14,424
HOA name
TOMOKA PROPERTY MANAGEMENT, INC
CDD
Yes
Min lease term
1-7 Days
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Condominium
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Balcony, Sauna, Sidewalk
Construction materials
Brick, Concrete
Roof
Tile
Foundation
Brick/Mortar, Concrete Perimeter
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Community

Pets allowed
Cats OK, Dogs OK

Room Details

RoomLevelDimensions
KitchenFirst
Primary BedroomFirst
Living RoomFirst
Bathroom 1First
KitchenFirst

Listing Details

Listing date
2025-04-24
On market date
2025-04-24
Original list price
$575,000
Occupant type
Tenant
MLS area
32137 - Palm Coast
Listing AOR
Orlando Regional
Status changed
2025-04-24
Tax legal description
VILLAS AT HAMMOCK BEACH CONDO PHASE 8 PARCEL 14 UNIT 1411 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1276/1084 OR 1276/1086 OR 1859/176 OR 2205/505

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

I-95 to exit 289. East on Palm Coast Pkwy; continue over bridge to N. Oceanshore Blvd. Right on 15th Rd, left on Ocean Crest

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of May 1, 2026 at 10:01 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA