355 OCEAN CREST DRIVE
About This Property
Experience resort-style coastal living at 355 Ocean Crest Drive, an elegant three-story residence with elevator access in the exclusive Hammock Beach community. Offering nearly 4,000 square feet of refined living space, this exceptional home combines timeless design, modern comfort, and beautiful golf course and water views.
The home features 4 bedrooms, 3.5 bathrooms, spacious open living areas, and an elevator providing convenient access to all three levels. Designed for both entertaining and everyday relaxation, the interior flows seamlessly into multiple outdoor living spaces, where golf course, ocean, and lake views create a stunning backdrop.
Step outside to your own private retreat featuring a heated saltwater pool and spa, summer kitchen, and multiple covered patios-perfect for al fresco dining, entertaining, or relaxing at sunset. Overlooking the Jack Nicklaus-designed Ocean Course and enjoying lake frontage, the property offers a rare combination of golf, water, and coastal living.
Best of all, the beach is just a short walk away, along with oceanfront dining and nearby restaurants, making every day feel like a vacation.
Additional highlights include a 2-car garage, block/stucco construction, and HOA-maintained grounds.
Residents enjoy direct beach access, and optional Hammock Beach Club memberships are available for those who wish to enjoy additional resort amenities. Membership options may include Full Golf + Beach Club access, featuring two golf courses including the renowned Jack Nicklaus-designed Ocean Course, or a Beach Club Social membership. Membership is required for use of Hammock Beach Resort amenities and golf facilities. Additional membership details are available upon request.
More than a home, this is a private coastal retreat created for those seeking the ultimate Florida lifestyle.
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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 |
|---|---|---|---|
| Jul 3, 2026 | Price Decreased |
$2,395,000
↓ $100K
(4%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$2,495,000
↓ $55K
(2.2%) | |
| Price Decreased | |||
| Oct 30, 2025 | Listed by LUMER REAL ESTATE | $2,550,000 | |
| Listed by LUMER REAL ESTATE | |||
| Oct 19, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by LUMER REAL ESTATE | $1,790,000 | |
| Listed by LUMER REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017