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$2,595,000

Beds
4
Baths
4.5
sq ft
3,697

28 Porto Mar Unit 502, Palm Coast, FL 32137

28 Porto Mar Unit 502

PALM COAST, FL 32137

  • 137 days on market
This is a once-in-a-lifetime opportunity to own a 5th-floor direct oceanfront unit in the luxurious Le Jardin Condominium Building. Located in the private, gated, and guarded Hammock Dunes golfing community, this exclusive building has only 26 units, each designed as a penthouse. These units rarely come on the market and sell quickly when they do. Welcome to 502. As you step out of the private elevator and into the large entryway, you’ll be amazed by the ocean views. The 4 bedroom, 4.5 bath condo features an open-space floor plan with an open gourmet kitchen featuring high-end stainless appliances, a gas cooktop, a wine refrigerator, an ice maker, quartz countertops, custom cabinetry, all perfect for the gourmet cook who loves entertaining friends and family. You’ll enjoy grilling on the oceanfront deck, equipped with an electric grill, while taking in the ocean views and breezes. Easy maintenance bleached hardwood flooring throughout all bedrooms and travertine tile in the main living areas. Other high-end features include custom trim, remote-controlled blinds, solid core doors, and custom cabinetry/shelving in closets. With ample glass and patio space, you’ll feel the constant connection to the sea. Sip morning coffee or enjoy evening wines while being serenaded by the cool ocean breezes and the soothing sounds of waves crashing on the shore. You’re right on the beach! A spacious family room with a gas fireplace and ocean views adds to the condo’s charm. Your private two-car garage with a separate air-conditioned storage room is conveniently located within the main parking garage of the building. The building also features a luxurious state-of-the-art theater room, a wine tasting room, private air-conditioned, temperature controlled wine lockers for residents, fire pit and outdoor spa. Le Jardin has everything you need for condo life. The social room is spacious and has a wet bar, fireplace, TV, and billiard table. There’s also a fitness center with a resistance pool and a card room. The building management and on-site maintenance are available during regular work hours. Just drive through the guarded community gates, park in your private garage, and unlock your condo. You’ll have plenty of great things to do in the community, building, and condo. Membership in the Platinum rated Hammock Dunes Club is available, but not included. Don’t miss out on this amazing opportunity. Paradise is right here.

Details

Property type

Condominium

Est. home value

$2,297,590

Lot size

0.53 acres

Price per sq ft

$702

Year built

2007

Annual property taxes

$27,292

Monthly HOA fee

$81.6

Price History

11/16/2024
StellarMLS

StellarMLS #FC305244

Listed
$2,595,000
+62.19%
12/28/2020
StellarMLS

StellarMLS #FC263203

Sold
$1,600,000
+15.11%
08/04/2015
StellarMLS

StellarMLS #FC208629

Sold
$1,390,000

Schools & Community

Elementary school: 

Old Kings Elementary

Middle school: 

Buddy Taylor Middle

High school: 

Matanzas High

Community features: 

Gated, Fitness Center

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,925,643
Asking price
$2,595,000
Closing costs (~8% of asking)
-$207,600
Est. remaining loan balance
-$461,757
Cash to seller
$1,925,643

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

August 2015

Original loan amount

$578,300

Est. remaining balance

$461,757

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Steven Robert Settles and Sherry L Settles

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 2:00 AM

Listing updated: 01/11/2025 at 2:06 PM

Listed by: Bob Bagdon, ENGEL VOLKERS ST. AUGUSTINE Phone #: (386) 338-0326

MLS: StellarMLS #FC305244

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