Listing provided courtesy of COLDWELL BANKER (HAMMOCK)as Distributed by MLSGrid- MLS# MFRFC312117MLS Provider

54 OCEAN STPALM COAST, FL 32137

Single Family · 5 Beds · 5 Full Baths · 1 Half Bath · 3,639 Sq. ft. | 0.21 Acres
$1,098,999 Active

54 OCEAN ST Overview

Time on Site:
312 days
Visits:
4

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.

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54 OCEAN ST Facts & Features

  • Type Single Family
  • Sq. ft. 3,639
  • Price/Sq.ft. $302
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 2007

Location/Region

  • Country: US
  • County Or Parish: Flagler
  • MLS Area Major: 32137 - Palm Coast
  • Subdivision Name: MARINELAND ACRES
  • Township: 00

Tax Information

  • Tax Annual Amount: 6286
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 17-10-31-4200-00020-0130
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: SFR

Interior

Parking Information

  • Garage Spaces: 3
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total: 6
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 6231
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Electric Water Heater,Range,Refrigerator,Washer
  • Cooling: Central Air,Zoned
  • Fireplace Features: Living Room,Primary Bedroom
  • Fireplace: Yes
  • Flooring: Ceramic Tile,Cork
  • Foundation Details: Slab
  • Heating: Central,Zoned
  • Interior Features: Ceiling Fans(s),Central Vaccum,Eat-in Kitchen,Elevator,Walk-In Closet(s),Window Treatments
  • Laundry Features: Electric Dryer Hookup,Inside,Laundry Room,Upper Level,Washer Hookup
  • Levels: Three Or More
  • Living Area: 3639
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Spa: No
  • Stories Total: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Size Dimensions: 75X125
  • Lot Size Square Feet: 9375
  • Number Of Lots: 1
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt,Paved
  • Vegetation: Trees/Landscaped
  • Water Source: Public

Waterfront/View

  • View: Water,Gulf/Ocean - Partial
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Custom,Mediterranean
  • Attached Garage: Yes
  • Construction Materials: Concrete,Stucco
  • Direction Faces: North
  • Patio And Porch Features: Deck,Porch
  • Roof: Built-Up,Membrane

General Information

  • Carport: No
  • Exterior Features: Lighting,Private Mailbox
  • Pool Features: Deck,Gunite
  • Pool Private: Yes
  • Sewer: Aerobic Septic
  • Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Water Available,Water Connected

Room Information

Room: Great Room

  • Level: Second
  • Dimensions: 20x20
  • Length: 20
  • Width: 20

Room: Kitchen

  • Level: Second
  • Dimensions: 12x10
  • Length: 10
  • Width: 12

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 18x18
  • Length: 18
  • Width: 18

54 OCEAN ST Neighborhood

Community

32137 (PALM COAST) Demographics

55
Median Age
685
Population Density (per sq. mile)
39%
College Educated
$65,573
Estimated Median Income
14,741
Estimated Total Home Owners
2,827
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

54 OCEAN ST Market Data

Based on the last 30 days in this zip code

$650,419
Average List Price
$309
Average Price per Square Foot
204
Properties Sold
123
Average Days on Market
1,195
Properties for Sale
Calculations provided by Reliance Network

54 OCEAN ST History

Date Event Value Agent
6/25/2026Source: My Florida Regional MLS Status Change
Active
6/23/2026Source: My Florida Regional MLS Status Change
Pending
6/20/2026Source: My Florida Regional MLS Price Reduction
$1,098,999 -0.0%
6/19/2026Source: My Florida Regional MLS Price Reduction
$1,099,000 -12.0%
5/7/2026Source: My Florida Regional MLS Price Reduction
$1,249,000 -0.1%
4/29/2026Source: My Florida Regional MLS Price Increase
$1,249,900 0.1%
4/15/2026Source: My Florida Regional MLS Price Reduction
$1,249,000 -10.1%
3/2/2026Source: My Florida Regional MLS Price Reduction
$1,390,000 -6.7%
8/21/2025Source: My Florida Regional MLS Added to Database
August 21, 2025