40 ATLANTIC PLACE, PALM COAST, FL, 32137
Active114 days on marketListed Apr 2, 2026MLS #FC317373
About this home
40 ATLANTIC PLACE
Design Your Coastal Dream Home in the luxurious Ocean Hammock Community! Discover the perfect canvas for your custom-built home in one of Palm Coast’s most coveted gated communities—Ocean Hammock. This nearly quarter-acre homesite offers 70 feet of peaceful lake frontage, where tranquil water views and gentle ocean breezes set the tone for relaxed coastal living. Nestled within a private, guard-gated enclave, this lot combines security, serenity, and sophistication. With a lush preserve directly across the street, you’ll enjoy added privacy and the assurance of no future development. An 8-foot easement from the neighboring property provides flexibility for a more spacious home design, and established utilities simplify the build process—so you can start bringing your vision to life with ease. Just minutes from the Atlantic shoreline, residents of Ocean Hammock enjoy an unmatched coastal lifestyle with easy access to pristine beaches, world-class golf, and upscale amenities. Whether you’re envisioning a full-time residence or a luxury vacation retreat, this property offers the rare opportunity to create a home that truly reflects your style and aspirations. Don’t miss this chance to own a piece of paradise in the sought after Ocean Hammock community. Schedule your private viewing today and begin building the coastal life you’ve always imagined.
Facts & features
The home at a glance
0.21 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,772 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,772/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Palm Coast
Get to know Palm Coast. See the full Palm Coast guide →
PALM COAST 32137 — neighborhood snapshot
Population
47,003
Median age
56.5
Median income
$78,731
Median home value
$360,600
Avg household
2.3
Households w/ children
3,437
For the school run
Flagler County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Coast market
$353K → $373K
Palm Coast median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
Median sold price, Palm Coast, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 8% below the PALM COAST 32137 median. See the full Palm Coast market guide →
Paper trail
This home's history
Reality check
What actually sold near 40 ATLANTIC PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$700,000
200 CINNAMON BEACH WAY UNIT 163 · same community
3 bd · 2 ba · 1,344 sqft · $521/sqft · 13 DOM
Sold · Jun ’26$410,000
1100 CINNAMON BEACH WAY UNIT 1062 · same community
3 bd · 2 ba · 1,682 sqft · $244/sqft · 153 DOM
Sold · Aug ’25$515,000
1200 CINNAMON BEACH WAY UNIT 1142 · same community
3 bd · 2 ba · 1,682 sqft · $306/sqft · 80 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 40 ATLANTIC PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 40 ATLANTIC PLACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
40 ATLANTIC PLACE FAQs
What would the monthly payment be for 40 ATLANTIC PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,772/mo — principal and interest, the actual property-tax bill, the $170/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 40 ATLANTIC PLACE?+
The association fee works out to $170 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 40 ATLANTIC PLACE?+
The most recent tax bill on record (2025) was $2,802. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 40 ATLANTIC PLACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palm Coast?+
At $349,000, this home is listed about 12% below the Palm Coast median of $395,000. The market section on this page shows how the area is trending.
Which schools are assigned to 40 ATLANTIC PLACE?+
Matanzas High School (high), Indian Trails Middle School (middle), Old Kings Elementary School (elementary) — Flagler County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the PALM COAST 32137 market on paper
$349,000 is 8% below the PALM COAST 32137 median of $379,990.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
114 days on market against a Palm Coast median of 47 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Matanzas High School, Indian Trails Middle School, Old Kings Elementary School — Matanzas High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of COASTAL GATEWAY REAL ESTATE GR · David Franklin. MLS #FC317373.
IDX information is provided exclusively for consumers’ 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 Stellar MLS.
Never miss a listing
New Palm Coast homes, in your inbox
Like 40 ATLANTIC PLACE but not quite? A daily digest of every new listing in Palm Coast — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Steeve to ping you on any price or status change →