200 Ocean Crest DRIVE, #416, Palm Coast, FL, 32137 | $659,000

Priced to sell!!! Amazing opportunity to own a s 3 bed, 3 bath ocean view condo at Hammock Beach. The nit offers a cozy and inviting atmosphere with amenities galore at your fingertips. The kitchen boasts stainless steel appliances with a nice light wood cabinetry. The master bathroom is a true retreat, featuring a dual vanity, a generous soaking tub, and a floor-to-ceiling walk-in tile shower. You'll also appreciate the sizable walk-in closet providing ample storage for all your needs.

Step out onto the fantastic balcony and take in breathtaking views of the endless horizon of the Atlantic Ocean, and the immaculate Hammock Beach Ocean Course.

Looking for a long term tenant that generates impressive rental income along with tenant having their own Hammock Beach Club membership? Well here it is!!! Immediate income and no need to purchase a $15k Beach Club membership and additional monthly dues. This alone makes this condo very appealing to a prospective buyer and a huge savings

If you are looking to take immediate occupancy or put in the short term rental program, you can do that also. The choice is yours!!! This condo at Hammock Beach Resort is a testament to coastal elegance and resort-style living, offering a truly unparalleled experience.
As a member of Hammock Beach, you'll have access to a range of amenities and services, including two magnificent golf courses, a luxurious spa, a multitude of swimming pools, fitness facilities, delectable dining options and so much more.

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 10
  • Amenities: Elevator(s), Gated, Security
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Closet
  • Complex: HAMMOCK BEACH CLUB
  • Year Built: 2003
  • Common Charge: $3,677 Quarterly
  • Approx Sq. Feet: 1,676
  • Acreage: 3.59
  • Est. Taxes: $6,244
  • View: Garden, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC295674
  • Days on Market: 393 days
  • Website: https://www.raveis.com
    /prop/FC295674/200oceancrestdrive_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 12/22/2024 11:53:55 PM)
Listing courtesy of ZANDER BURGER REAL ESTATE LLC   Phone: 386-931-2999

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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

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200 Ocean Crest DRIVE, #416, Palm Coast, FL, 32137

$659,000

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 $527,200 $527,200 $527,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $520 $520 $520
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,552 $3,504 $4,446
Total Monthly Payment $4,164 $4,116 $5,058

* 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.