200 Ocean Crest Dr, #333, Palm Coast, FL, 32137 | $350,000

Indulge in coastal luxury with this exquisite 3rd-floor one-bedroom condo, nestled in the prestigious Hammock Beach Resort. Situated on the coveted North side, this unit boasts unparalleled views of the ocean, lush tropical landscapes, and the expansive pool complex. From your private balcony, immerse yourself in the mesmerizing vistas where the ocean meets the horizon, creating a serene backdrop for your everyday living. Fully furnished and meticulously upgraded, this condo epitomizes elegance and comfort. With your Hammock Beach Club membership, take advantage of the resort's exceptional amenities, including a multi-level pool complex featuring outdoor pools, a lazy river, water slide, and poolside dining. Indulge in a plethora of activities, from championship golf courses designed by Jack Nicklaus and Tom Watson to tennis matches at the state-of-the-art Tennis Center overlooking the Intracoastal waterway. For year-round relaxation, the resort offers a large indoor heated pool, ensuring you can unwind regardless of the season. With unlimited rental opportunities, this condo presents a lucrative investment option, allowing you to capitalize on the booming short-term rental market while enjoying the perks of ownership. This condo at Hammock Beach Resort offers the perfect blend of luxury, convenience, and opportunity. Don't miss your chance to embrace the Florida beach lifestyle and make this coastal oasis your own.

Features

  • Parking: Parking Garage
  • Heating: Central
  • Cooling: Central
  • Levels: 10
  • Amenities: Beach Access,Elevator,Exercise,Gated,Golf,Community Pool Heated,Community Pool Unheated,Marina,Sauna,Spa,Tennis,Jacuzzi
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 19140
  • Complex: Hammock Beach Club
  • Year Built: 2003
  • Common Charge: $465
  • Approx Sq. Feet: 678
  • Acreage: 0.44
  • Est. Taxes: $3,753
  • Lot Desc: Golf Course,Direct Ocean Front,Oceanfront Condo Complex,Direct Ocean View
  • Water Front: Yes
  • Boat Access: No
  • MLS#: 245872
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/245872/200oceancrestdr_palmcoast_fl?source=qrflyer
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Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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200 Ocean Crest Dr, #333, Palm Coast, FL, 32137

$350,000

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 $280,000 $280,000 $280,000
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 $313 $313 $313
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,886 $1,861 $2,361
Total Monthly Payment $2,274 $2,249 $2,749

* 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.