54 Ocean St, Palm Coast, FL 32137 (MLS # FC312117)

54 Ocean St, Palm Coast, FL 32137 (MLS # FC312117)

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407-625-6667
407-625-6667
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PRICE $1,249,000 dsIDX morgage calculator
BEDS 5
BATHS 6
HOME SIZE 3,639 sqft
LOT SIZE 9,148 sqft

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.

DAYS ON MARKET 267 LAST UPDATED 5/7/2026
TRACT MARINELAND ACRES YEAR BUILT 2007
COMMUNITY 32137 - Palm Coast GARAGE SPACES 3.0
COUNTY Flagler STATUS Active
PROPERTY TYPE(S) Single Family

PRICE HISTORY
Prior to Feb 28, '26 $1,490,000
Feb 28, '26 - Apr 15, '26 $1,390,000
Apr 15, '26 - Apr 29, '26 $1,249,000
Apr 29, '26 - May 7, '26 $1,249,900
May 7, '26 - Today $1,249,000


ADDITIONAL DETAILS
AIR Central Air, Zoned
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
AREA 32137 - Palm Coast
CONSTRUCTION Concrete, Stucco
EXTERIOR Lighting
FIREPLACE Yes
GARAGE Yes
HEAT Central, Zoned
INTERIOR Eat-in Kitchen, Elevator, Walk-In Closet(s)
LOT 9148 sq ft
LOT DIMENSIONS 75X125
PARKING Attached
POOL Yes
POOL DESCRIPTION Gunite, Private
SEWER Septic Tank, Aerobic Septic
STORIES 3+
STYLE Custom, Mediterranean
SUBDIVISION MARINELAND ACRES
TAXES 6286
UTILITIES Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATERFRONT DESCRIPTION Beach Access
MORTGAGE CALCULATOR
   

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Listing provided by Jennifer Jewels, COLDWELL BANKER (HAMMOCK), 386-246-2380
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/14/26 4:35 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.

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