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54 OCEAN ST

House For Sale
$1,249,000

BTC: 20.34201954

ETH: 715.34936999

-$241K (2026/05/07)
289 days
5 bds
5 ba
3,639 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2007
Lot:
0.21 Acres
Heating:
Central / Zoned
Price/sqft:
$343
Cooling:
Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,199,000
$969K – $1.3M
Confidence Low
List vs. estimate
$50K above estimate
List $1,249,000 · +4.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$343
+63.8% vs. city median $209
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,286
2024
Pool
Deck
View
Water
Garage
3 car garage
All facts and features
  • Flooring

    • Ceramic Tile

    • Cork

    Heating

    • Central

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Central Vacuum

    • Eating Space In Kitchen

    • Elevator

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Lighting / Private Mailbox

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 1710314200000200130

    • Zoning: SFR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,286

  • Source details

    • MLS ID: FC312117

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Master Bedroom

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room / Upper Level / Washer Hookup

    • Patio And Porch Features: Deck / Porch

    • Pool Features: Deck / Gunite

    • Direction Faces: North

    • Architectural Style: Custom / Mediterranean

    • Fireplace: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3639

    • Water Source: Public

    • Lot Size Dimensions: 75 x 125

    • Subdivision Name: MARINELAND ACRES

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER (HAMMOCK)