200 Ocean Crest DRIVE, #515, Palm Coast, FL, 32137 | $788,000

* THIS PROPERTY IS BEING SOLD FULLY FURNISHED AND TURN-KEY READY, OFFERING AN OUTSTANDING OPPORTUNITY TO GENERATE FANTASTIC SHORT-TERM RENTAL INCOME FROM DAY ONE. *

Step into this stunning fifth-floor condominium situated in the esteemed Hammock Beach Resort. Upon entering this residence, you'll be welcomed by tiled kitchen floors and luxurious vinyl plank flooring adorning the main living areas and bedrooms. The kitchen boasts stainless steel appliances, a chic tile backsplash, pendant lighting, and ample cabinet space. The dining area, nestled between the kitchen and living room, is open, airy, and filled with natural light.

Discover a perfect blend of elegance and comfort with tray ceilings and crown molding enhancing the living spaces. The master bathroom is a sanctuary with its dual vanity, spacious soaking tub, and floor-to-ceiling walk-in tile shower. The generous walk-in closet offers ample storage for your belongings.

Step onto the expansive balcony and marvel at the views of swaying palm trees, the vast Atlantic Ocean, and the pristine Hammock Beach Ocean Course. Accessible from the master bedroom, living room, and one of the guest rooms, the balcony provides an incredible space to unwind and enjoy the scenery.

One guest room features an ensuite bathroom with a tub, floor-to-ceiling tile shower, and double sinks, ensuring convenience and comfort for guests. This condo epitomizes coastal sophistication and resort-style living, promising an unparalleled experience. Embrace the opportunity to own this exceptional condo and indulge in the beauty and luxury of Hammock Beach Resort living.

As a Hammock Beach member, you'll enjoy access to a plethora of amenities, including two world class golf courses, a lavish spa, multiple swimming pools, fitness facilities, exquisite dining options, and more. The community also offers a vibrant social environment, perfect for connecting with like-minded individuals and forming lasting bonds. Don't miss the chance to make this your new home or an incredible short-term rental investment

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 11
  • Amenities: Elevator(s), Gated, Security
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Closet
  • Complex: NORTHSHORE 05
  • Year Built: 2003
  • Common Charge: $3,677 Quarterly
  • Approx Sq. Feet: 1,676
  • Acreage: 3.6
  • Est. Taxes: $7,074
  • View: Trees/Woods, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC300184
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/FC300184/200oceancrestdrive_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 5/22/2024 10:17:08 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

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

200 Ocean Crest DRIVE, #515, Palm Coast, FL, 32137

$788,000

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 $630,400 $630,400 $630,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.623%
Monthly Tax Payment $590 $590 $590
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,300 $4,190 $5,448
Total Monthly Payment $4,982 $4,872 $6,130

* 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.