5 OCEAN CREST WAY UNIT 1414, PALM COAST, FL, 32137
Active526 days on marketListed Feb 27, 2025MLS #FC307688
About this home
5 OCEAN CREST WAY UNIT 1414
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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,264
Sqft
0.59 ac
Lot size
2005
Year built
Three Or More
Levels
$331
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,054 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,054/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−19%
$/sqft vs Palm Coast actives
$331 vs $222
Days on market
526 vs 50 typical
Where $331/sqft sits among the 400 Palm Coast actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palm Coast
Get to know Palm Coast. See the full Palm Coast guide →
PALM COAST 32137 — neighborhood snapshot
Population
47,003
Median age
56.5
Median income
$78,731
Median home value
$360,600
Avg household
2.3
Households w/ children
3,437
For the school run
Flagler County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Coast market
$355K → $361K
Palm Coast median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
184 of 400
Palm Coast actives have cut their price
Median sold price, Palm Coast, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 9% above the PALM COAST 32137 median. See the full Palm Coast market guide →
Paper trail
This home's history
Reality check
What actually sold near 5 OCEAN CREST WAY UNIT 1414
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$244,000
25 RIVERVIEW BEND N UNIT 111
3 bd · 2 ba · 1,159 sqft · $211/sqft · 14 DOM
Sold · Jun ’26$565,000
16 CEDARDALE COURT
3 bd · 2 ba · 1,481 sqft · $381/sqft · 19 DOM
Sold · Nov ’25$530,000
16 CEDARDALE COURT
3 bd · 2 ba · 1,481 sqft · $358/sqft · 55 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5 OCEAN CREST WAY UNIT 1414 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5 OCEAN CREST WAY UNIT 1414 — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5 OCEAN CREST WAY UNIT 1414 FAQs
What would the monthly payment be for 5 OCEAN CREST WAY UNIT 1414?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,054/mo — principal and interest, the actual property-tax bill, the $896/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5 OCEAN CREST WAY UNIT 1414?+
The association fee works out to $896 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5 OCEAN CREST WAY UNIT 1414?+
The most recent tax bill on record (2024) was $4,152. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5 OCEAN CREST WAY UNIT 1414?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palm Coast?+
At $419,000, this home is listed about 5% above the Palm Coast median of $399,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5 OCEAN CREST WAY UNIT 1414?+
Matanzas High School (high), Indian Trails Middle School (middle), Old Kings Elementary School (elementary) — Flagler County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Golf Course & Trees/Woods & Water views
The golf course and trees/woods and water view is part of what you're buying — views hold value independently of the structure.
02Know the monthly fee
The association fee is $896/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Time on market is leverage
526 days on market against a Palm Coast median of 50 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Matanzas High School, Indian Trails Middle School, Old Kings Elementary School — Matanzas High School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $479,000, now $419,000 — a $60K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COASTAL GATEWAY REAL ESTATE GR · Carlene Reardon. MLS #FC307688.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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