Eric Chery
$1,199,000$1,500,000$8,157 /mo all-in ↓

1005 N OCEAN SHORE BOULEVARD, FLAGLER BEACH, FL, 32136

Active431 days on marketListed May 20, 2025MLS #FC309408

Reduced $301KWaterfrontCOCHRAN PLACE ADD

About this home

1005 N OCEAN SHORE BOULEVARD

Location, location, location! Don’t miss the opportunity to own one of the only prime oceanfront commercial parcels in Flagler Beach! Featuring 100 feet of frontage on iconic A1A and the Atlantic Ocean, this extra-deep property is one of the last of its kind in the downtown Flagler Beach area. Ideally situated across from the beach and just a short walk to the famous Flagler Beach Municipal Pier and the new hotel, this incredible site is the perfect spot for your restaurant, bed and breakfast, boutique hotel, or retail location. Highly desirable Tourist Commercial (TC) zoning designation allows for short-term lodging, dining establishments, gift shops, entertainment facilities, resort condominiums and more. At 100 feet wide and nearly 120 feet deep, this lot not only offers double the frontage of a standard lot, it is 20% to 50% deeper than many of the properties in the downtown Flagler Beach vicinity. Build up to 3 stories high and capture mesmerizing, unobstructed views of the ocean and the shimmering sands of the beach. This site is located just a half-mile north of SR-100, which is the closest connecting road to the mainland. The proximity to SR-100 and many restaurants, shops and tourist points of interest in downtown Flagler Beach create a flow of steady traffic from the south, in addition to the many potential customers traveling to and from St. Augustine and The Hammock, which are located just north. This is the opportunity you’ve dreamed of- don’t miss it!

Facts & features

The home at a glance

0.27 ac

Lot size

WaterfrontWater view

Inside

Outside & construction

ViewWater
FacesEast

Community & fees

Taxes (2024)$12,933/yr

Utilities & systems

UtilitiesElectrical Nearby · Sewer Available · Street Lights · Water Available
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$8,157 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$6,470
PMI (est., until 20% equity)$450
Property tax — 2024 actual bill$1,078
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $119,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $119,900
Interest rate6.00%
Loan term

Estimated payment

$8,157/mo

Principal & interest$6,470
PMI (est., until 20% equity)$450
Property taxes (actual bill)$1,078
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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 Flagler Beach

Map of 1005 N OCEAN SHORE BOULEVARD

Get to know Flagler Beach. See the full Flagler Beach guide →

FLAGLER BEACH 32136 — neighborhood snapshot

Population

8,303

Median age

59.8

Median income

$72,589

Median home value

$438,300

Avg household

2.09

Households w/ children

609

For the school run

Flagler County School District

ElementaryOld Kings Elementary School★★★★
HighFlagler-Palm Coast High School★★★★★
MiddleBuddy Taylor Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Flagler Beach market

Seller’s marketLeans buyer7.1 months of inventoryBuyer’s market

$517K$525K

Flagler Beach median sold, yr/yr

95.3%

Sale-to-list ratio (12 mo)

Median sold price, Flagler Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 167% above the FLAGLER BEACH 32136 median. See the full Flagler Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,199,000 $301K
May 20, 2025Listed at $1,500,000 · 431 days on market since

Reality check

What actually sold near 1005 N OCEAN SHORE BOULEVARD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

301 S CENTRAL AVENUE UNIT 5Sold · Jul ’25

$275,000

301 S CENTRAL AVENUE UNIT 5

1 bd · 1 ba · 455 sqft · $604/sqft · 156 DOM

159 LEHIGH AVENUESold · Feb ’26

$499,000

159 LEHIGH AVENUE

2 bd · 2 ba · 792 sqft · $630/sqft · 7 DOM

312 N 4TH STREETSold · Mar ’26

$411,000

312 N 4TH STREET

2 bd · 2 ba · 940 sqft · $437/sqft · 50 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.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1005 N OCEAN SHORE BOULEVARD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1005 N OCEAN SHORE BOULEVARD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

Goes straight to Eric’s phone and CRM.

Straight answers

1005 N OCEAN SHORE BOULEVARD FAQs

What would the monthly payment be for 1005 N OCEAN SHORE BOULEVARD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,157/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 1005 N OCEAN SHORE BOULEVARD?+

The most recent tax bill on record (2024) was $12,933. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Flagler Beach?+

At $1,199,000, this home is listed about 106% above the Flagler Beach median of $581,500. The market section on this page shows how the area is trending.

Which schools are assigned to 1005 N OCEAN SHORE BOULEVARD?+

Old Kings Elementary School (elementary), Flagler-Palm Coast High School (high), Buddy Taylor Middle School (middle) — Flagler County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,199,000 runs 167% above the FLAGLER BEACH 32136 median.

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

431 days on market against a Flagler Beach median of 68 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Old Kings Elementary School, Flagler-Palm Coast High School, Buddy Taylor Middle School — Old Kings Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $1,500,000, now $1,199,000 — a $301K cut. The full history is in the market section below.

Listing courtesy of HAMMOCK REAL ESTATE GROUP · Luke O'Reilly. MLS #FC309408.

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.

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