5 Ocean Crest WAY, #1425, Palm Coast, FL, 32137 | $555,000

This spectacular 3 bed/2 bath, corner condominium with OCEAN VIEWS is located in the closest Villa building to all the incredible amenities at Hammock Beach Resort! The condominium’s open floorplan includes pristine kitchen, functional breakfast nook, comfortable living room and inviting dining area. Elegant entry foyer makes you feel at home the moment you walk through the door. The kitchen has timeless 42-inch wood cabinets, durable granite countertops, and upgraded backsplash. Breakfast bar with custom mosaic is the perfect place for your guests to pool up a bar stool and chat with the chef. Entertaining is a cinch with this beautiful kitchen that opens to the adjacent dining room and living room. Large sliding glass doors open to a spacious open-air balcony that flaunts views of the glistening Atlantic Ocean. Feel the ocean breeze! Enjoy decompressing in the therapeutic salty air and listening to waves crashing on the area’s unique cinnamon-colored shores. This condominium features an ideal split-bedroom floor plan with a Master Suite that includes a walk-in shower, soaking tub, granite double vanity countertops and a walk-in closet. This condominium also has two plush guest bedrooms and a second full bathroom, offering plenty of space for extended family! There's also a full laundry and utility room so you can do your chores without infringing on guests. Hammock Beach Resort is just steps away and offers fine & casual dining options, a spa, fitness center, water slide, lazy river, and so much more! Play golf at The Ocean Course, a Jack Nicklaus signature design, and The Conservatory, a Tom Watson signature design. Just a short walk to the beach! Also nearby are Florida’s most beautiful state parks, gardens, mountain biking trails, hiking trails and marinas. The grocery store and restaurants are a 5-minute drive, St. Augustine is 30 minutes north, and Daytona is 30 minutes south. You will not want to miss this incredible opportunity to ease into the oceanside lifestyle offered by this magnificent condominium! Don't delay!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: HAMMOCK BEACH
  • Year Built: 2005
  • Common Charge: $1,202 Monthly
  • Approx Sq. Feet: 1,696
  • Acreage: 0.59
  • Est. Taxes: $4,988
  • Lot Desc: Landscaped
  • View: Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC305828
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /prop/FC305828/5oceancrestway_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 2/17/2025 12:33:25 PM)
Listing courtesy of HAMMOCK REAL ESTATE GROUP   Phone: 386-246-9934

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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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5 Ocean Crest WAY, #1425, Palm Coast, FL, 32137

$555,000

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 $444,000 $444,000 $444,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.042% 6.160%
Monthly Tax Payment $416 $416 $416
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,917 $2,917 $3,717
Total Monthly Payment $3,425 $3,425 $4,225

* 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.