54 OCEAN ST, Palm Coast, FL, 32137 | $1,249,000

Ultimate Beachside Living in Palm Coast, FL!
Custom-Built 5BR/5. 5BA Luxury Home | 100 Yards to the Beach Walkover at the end of the street-Zoned for VACATION RENTAL!!! | Lavish Pool | Elevator | Oversized Garage
Live the coastal dream in this one-of-a-kind custom-built beach house just 100 yards from the beach walkover in beautiful Palm Coast, Florida. Designed for those who crave sunshine, sand, and style, this immaculate home combines modern luxury with a laid-back beach lifestyle. This property can be AirBnB, Income projections are available upon request.
FEATURES YOU’LL LOVE:
Lavish Second-Floor Pool with Southern Exposure — soak up the sun all day long in your private retreat!
Elevator to all three floors for easy access and convenience.
Massive Garage with built-in custom shelving and extra storage for beach gear, bikes, paddleboards, and more.
5 Spacious Bedrooms | ?? 5. 5 Designer Bathrooms — plenty of space for family, guests, or a vacation rental.
Sustainable Cork Flooring throughout for comfort, beauty, and durability.
Heated Bathroom Floors and Floor-to-Ceiling Tile in every bathroom for spa-like luxury.
Central Vacuum System on all three floors for effortless cleaning.
Three-Zone A/C System — individual climate control for each floor.
Alarm System for peace of mind, whether you're home or away.
This is a one-owner home, crafted with care and meticulous attention to detail — the perfect blend of form, function, and coastal elegance. Wake up to sea breezes, stroll to the beach in minutes, relax in the sun-drenched pool, and entertain in style.
Whether you’re seeking a full-time residence, vacation getaway, or investment property, this beachside gem checks all the boxes.
Nestled in a quiet, beachside neighborhood in Palm Coast with easy access to local restaurants, golf courses, and scenic coastal trails.
ATTENTION INVESTORS!!!! High-Income Luxury Short-Term Rental in Fast-Growing Coastal Market "The Hammock" best kept secret in Florida.
Located just steps from the sand in the highly desirable Hammock area of Palm Coast, this exceptional 5-bedroom, 5. 5-bath coastal retreat at 54 Ocean St offers a rare combination of luxury, location, and proven income potential. Spanning over 3, 600 sq ft, the home features a private pool, elevator, high-end finishes, and an unbeatable walk-to-beach location (~100 yards).
Positioned in one of the area’s strongest vacation rental corridors near Ritz Carlton, Hammock Beach Golf Resort & Spa and Cinnamon Beach, the property is ideally suited for premium short-term rental performance. It's large footprint and high guest capacity makes it especially attractive for group and multi-family stays, supporting strong nightly rates and consistent occupancy.
Estimated average nightly rate: $450–$550 Peak season rates: $700 Potential gross annual income: $100, 000-$125, 000+
Zoned for short-term vacation rentals
This property sits in a rapidly growing coastal community, benefiting from increasing tourism demand and regional expansion along Florida’s northeast coast. Within driving distance of major destination hubs including St. Augustine (~30–40 minutes) and Orlando (~60 minutes), providing access to world-famous historic attractions, entertainment, theme parks, and international air travel.
With a limited supply of large luxury beach homes in this corridor and steadily increasing demand, this asset is positioned for both strong cash flow and long-term appreciation.

Features

  • Elevator: Y
  • Rooms: 3
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Lot Size: 75 x 125
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
  • Style: Custom, Mediterranean
  • Year Built: 2007
  • Garage: 3-car
  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,639
  • Acreage: 0.21
  • Lot Size: 75 x 125
  • Est. Taxes: $6,286
  • View: Water
  • Pool: Deck, Gunite
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: FC312117
  • Days on Market: 259 days
  • Website: https://www.raveis.com
    /eprop/FC312117/54oceanst_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 5/22/2026 11:17:08 PM)

William Raveis Family of Services

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Moira O'BrienLuxury Properties Specialist

617.959.7603

Moira.OBrien@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@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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Nicole DelaneyInsurance Sales Director, William Raveis Insurance

781.724.3515

Nicole.Delaney@raveis.com

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

54 OCEAN ST, Palm Coast, FL, 32137

$1,249,000

Moira O'Brien

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.959.7603

Moira.OBrien@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $999,200 $999,200 $999,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment $524 $524 $524
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,991 $6,152 $8,432
Total Monthly Payment $6,640 $6,801 $9,081

* 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.