5 Ocean Crest WAY, #1441, Palm Coast, FL, 32137 | $665,000

Discover the peak of luxury living at Hammock Beach Resort with this top-floor villa, a corner unit boasting unparalleled privacy and the most breathtaking views of any villa in the community. Offering 1, 696 sq ft of elegant living space, this fully furnished, turn-key property is primed for immediate income potential through the short-term rental program. Enjoy unobstructed views of the ocean and golf course!

Step inside to sprawling luxury vinyl plank (LVP) flooring and a welcoming foyer. The top-floor location features high vaulted ceilings and an abundance of natural sunlight. The spacious kitchen offers granite countertops, solid wood cabinetry, and a charming eat-in nook surrounded by oversized windows showcasing serene views. The dining area flows seamlessly into the living room, where sliding doors open to a private patio, perfect for taking in stunning sunrises over the ocean.

The primary suite provides a tranquil retreat with ample closet space and an en-suite bath featuring a dual vanity, soaking tub, and walk-in tiled shower. Two guest bedrooms and a full guest bathroom are thoughtfully situated at the front of the villa for privacy and convenience. Recent updates include new blinds (2022), dishwasher (2022), HVAC (2022), and LVP floors (2021).

As a member of Hammock Beach Resort, indulge in world-class amenities, including two championship golf courses, a luxurious spa, multiple pools, state-of-the-art fitness facilities, exquisite dining, and a vibrant social calendar. Whether you're seeking a dream home or a premier investment property, this villa offers a rare opportunity to enjoy coastal elegance at its finest.

Features

  • Elevator: Y
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 4
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: NORTHSHORE 05
  • Year Built: 2005
  • Common Charge: $987 Monthly
  • Approx Sq. Feet: 1,696
  • Acreage: 0.59
  • Est. Taxes: $5,567
  • View: Golf Course, Trees/Woods, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC305653
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/FC305653/5oceancrestway_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 12/23/2024 12:25:17 AM)
Listing courtesy of ZANDER BURGER REAL ESTATE LLC   Phone: 386-931-2999

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5 Ocean Crest WAY, #1441, Palm Coast, FL, 32137

$665,000

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 $532,000 $532,000 $532,000
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 $464 $464 $464
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,584 $3,536 $4,486
Total Monthly Payment $4,140 $4,092 $5,042

* 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.