29 OCEAN STREET
About This Property
Set within a peaceful, golf cart-friendly beachside enclave, this coveted lot is surrounded by stunning custom homes and ongoing upscale development, making it a smart investment as well as a beautiful place to call home. Whether you're dreaming of a primary residence, a second getaway, or an income-producing property, this location checks every box.
Start your mornings with barefoot walks to the shore, cruise through the neighborhood in your golf cart, and enjoy being minutes from Flagler Beach, waterfront dining, boutique shopping, scenic trails, and charming local parks. With low traffic, a relaxed coastal atmosphere, and the salty air always nearby, this isn't just land, it's a lifestyle.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Decreased |
$223,725
↓ $1K
(0.6%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by RE/MAX SIGNATURE | $225,000 | |
| Listed by RE/MAX SIGNATURE | |||
| Jun 13, 2025 | Listed | $274,900 | |
| Listed | |||
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Discover the perfect opportunity to build your dream home just steps from the ocean at 29 Ocean Street in Palm Coast, Florida. Nestled in a quiet, peaceful beachside neighborhood, this golf cart-friendly community offers a laid-back coastal lifestyle with no shortage of charm. Surrounded by beautiful custom homes and ongoing high-end development, this lot is ideally positioned for long-term value and serene everyday living. Whether you're planning a primary residence, a second home, or a profitable investment property, this location delivers. Enjoy morning walks to the beach, cruise the neighborhood by golf cart, and take advantage of being just minutes from Flagler Beach, waterfront restaurants, boutique shopping, parks, and scenic coastal trails. With low traffic, a relaxed vibe, and the smell of salty air, this is more than just a lot—it's a chance to create your future in one of Florida’s fastest-growing and most desirable beach communities. Don’t miss your chance to own a piece of paradise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017