$475,000
●
Land -
For Sale
320 OCEAN CREST Drive
Palm Coast, FL 32137
Studio
0 Bath
$2,933
Est. Monthly
$600
HOA / Fees
About This Property
Imagine building your dream coastal retreat here -- this vacant lot
in Ocean Hammock, Palm Coast's premier gated community, is your
blank canvas. Tucked among elegant estate homes and untouched
Florida landscapes, you're just moments from the Atlantic, with
beach walkovers and scenic trails right at your fingertips. Ocean
Hammock isn't just a neighborhood -- it's a lifestyle: mature
tree-lined streets, effortless privacy, and easy access to Hammock
Beach's renowned golf, dining, and resort-style amenities.
Whether you're dreaming of a full-time residence or a luxury vacation escape, this lot gives you the freedom to design a home that's uniquely yours. And you won't sacrifice convenience for tranquility -- shopping, dining, and major roadways are close by, while your private, upscale enclave stays worlds apart from it all.
This is more than a homesite. It's your invitation to live the Hammock Beach lifestyle, on your terms. Let's build something extraordinary.
Whether you're dreaming of a full-time residence or a luxury vacation escape, this lot gives you the freedom to design a home that's uniquely yours. And you won't sacrifice convenience for tranquility -- shopping, dining, and major roadways are close by, while your private, upscale enclave stays worlds apart from it all.
This is more than a homesite. It's your invitation to live the Hammock Beach lifestyle, on your terms. Let's build something extraordinary.
Unit Size
-
Days on Market
44 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$600
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Real MLS #2159980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $475,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Aug 3, 2026 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| Mar 1, 2026 | Price Decreased |
$499,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Jan 12, 2026 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $519,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
   | |||
|
Nestled within the exclusive Ocean Hammock community of Palm Coast, this vacant lot presents a rare opportunity to build your custom coastal retreat in a premier gated neighborhood. Surrounded by elegant estate homes and natural Florida beauty, the property offers a tranquil setting just moments from the Atlantic Ocean. Enjoy the serenity of preserved landscapes, mature trees, and thoughtfully designed streets that define Ocean Hammock's refined coastal lifestyle. Residents appreciate access to nearby beach walkovers, scenic trails, and the renowned Hammock Beach area with its golf, dining, and resort-style amenities. Whether you envision a full-time residence or a luxury vacation home, this lot provides the ideal canvas to design a home that fits your lifestyle and architectural vision. Conveniently located near shopping, dining, and major roadways, yet tucked away in a private, upscale enclave, this site combines location, lifestyle, and opportunity to enjoy a resort lifestyle
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Property Highlights
Garage
Exterior Details
Lot Features: Cleared
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Lot Size Dimensions: 40X110
Water Source: Public
Location Details
HOA/Condo/Coop Amenities: Pool, Beach Access, Clubhouse, Fitness Center, Gated, Golf Course, Marina, Tennis Court(s)
HOA Fee: $600
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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HOA + Taxes
About Flagler
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Listed by: CHERI PHILLIPS LAVIGNE, CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Last Updated: 2 months ago
Data Source: Real MLS, MLS# 2159980
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 months ago
Data Source: Real MLS, MLS# 2159980
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