5 Ocean Crest WAY, #1432, Palm Coast, FL, 32137 | $525,000

Welcome to your dream coastal retreat in the prestigious Hammock Beach community. This luxurious 3-bedroom, 2-bathroom condominium offers nearly 1, 300 sq ft of elegant living space. Upon entry you are greeted with high ceilings, rounded corners, and natural light pouring in from over the ocean. The open kitchen, featuring granite countertops, 42" cabinets, and a peninsula counter is ideal for entertaining as it flows seamlessly into the great room. Large sliders reveal stunning views, creating a serene backdrop for everyday living. Split floor plan ensures privacy for both owner and guest. The spacious primary bedroom boasts an ensuite bath with dual vanities, a separate shower, and a soaking tub. The nicely-sized secondary bedrooms share a guest bathroom with a shower/tub combo, providing comfort and privacy for guests. This home is being offered "turn key" and is tastefully decorated. All you need is your toothbrush! Just a short walk from the Hammock Beach Club, you can indulge in world-class amenities, including 9 pools, 5 restaurants, a fitness center, a spa, 2 signature golf courses, tennis courts, and 4 pickleball courts. With a club membership, you can fully embrace the ultimate coastal lifestyle or benefit from investment income. Additional updates include a newer AC, newer water heater, and crown molding. This remarkable condominium offers luxury, comfort, and breathtaking natural beauty in a location like no other.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Maintenance, Park, Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Complex: HAMMOCK BEACH
  • Year Built: 2005
  • Common Charge: $736 Monthly
  • Approx Sq. Feet: 1,264
  • Est. Taxes: $5,658
  • Lot Desc: Near Golf Course, Sidewalk
  • View: Golf Course, Trees/Woods
  • Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: V4937914
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/V4937914/5oceancrestway_palmcoast_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 9/21/2024 1:06:15 PM)
Listing courtesy of Re/max Signature   Phone: 386-236-0760

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5 Ocean Crest WAY, #1432, Palm Coast, FL, 32137

$525,000

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 $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $472 $472 $472
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,552 $2,552 $3,319
Total Monthly Payment $3,116 $3,116 $3,883

* 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.