This address denotes a specific property located within the Ocean Crest Drive neighborhood of Palm Coast, Florida. Such designations pinpoint a unique location within a geographic area, enabling precise identification for various purposes including mail delivery, navigation, and property records.
Accurate and standardized addresses are fundamental to a functioning society. They facilitate commerce, emergency services, and civic engagement. Historically, address systems have evolved from informal descriptions to structured formats, reflecting increasing urbanization and the need for efficient organization. Precise location data is now crucial for everything from urban planning and resource allocation to personalized online services.
Understanding the significance of precise location identifiers opens the door to exploring related topics such as property valuation, neighborhood demographics, and the broader real estate market. It also allows for deeper dives into the history and development of specific geographic areas, highlighting the interplay between location and community.
1. Property Location
Property location acts as a cornerstone in real estate, influencing value, desirability, and overall market dynamics. For a specific address like 200 Ocean Crest Drive, Palm Coast, understanding its location provides critical context for a comprehensive property analysis.
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Geographic Coordinates
Precise latitude and longitude define a property’s exact position on Earth. These coordinates allow for accurate mapping, integration with Geographic Information Systems (GIS), and analysis in relation to surrounding features. For 200 Ocean Crest Drive, these coordinates pinpoint its location within Palm Coast, enabling comparisons with other properties and assessment of its proximity to key amenities.
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Neighborhood Context
A property’s neighborhood plays a significant role in its perceived value. Factors like school districts, crime rates, and access to local services influence desirability. Analyzing the specific neighborhood of 200 Ocean Crest Drive, Palm Coast, offers insights into its surrounding community and potential impact on property value.
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Accessibility and Transportation
Proximity to major roads, public transport, and airports influences accessibility and impacts daily life. Evaluating transportation options near 200 Ocean Crest Drive provides a practical understanding of its connectivity and convenience.
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Environmental Factors
Natural surroundings, including proximity to bodies of water, green spaces, and elevation, contribute to a property’s appeal. Understanding the environmental context of 200 Ocean Crest Drive, Palm Coast, such as its coastal location, can significantly impact its valuation and overall attractiveness.
These facets of property location, when considered together, provide a comprehensive understanding of a specific address like 200 Ocean Crest Drive, Palm Coast. This understanding allows for informed decision-making regarding property valuation, investment potential, and overall suitability to individual needs and preferences.
2. Neighborhood Characteristics
Neighborhood characteristics significantly influence property values and the overall living experience. Analyzing these characteristics provides crucial context for understanding the desirability and market position of a specific property, such as one located at 200 Ocean Crest Drive, Palm Coast.
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Community Demographics
Understanding the demographics of a neighborhood, including age distribution, household income, and education levels, provides insights into the community’s social fabric. This information can be relevant to potential residents seeking a specific community environment. The demographic profile of the neighborhood surrounding 200 Ocean Crest Drive contributes to its overall character and appeal.
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Amenities and Services
The availability of essential amenities and services within a neighborhood greatly influences its desirability. Proximity to schools, parks, shopping centers, healthcare facilities, and recreational areas enhances convenience and quality of life. The specific amenities and services surrounding 200 Ocean Crest Drive play a role in its market value and attractiveness to potential buyers or renters.
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Safety and Security
Crime rates, neighborhood watch programs, and overall security measures contribute to a sense of safety and well-being within a community. A safe and secure environment is a key factor for individuals and families seeking a place to live. The safety and security aspects of the neighborhood surrounding 200 Ocean Crest Drive directly influence its desirability and appeal.
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Property Values and Trends
Analyzing historical property values, recent sales data, and market trends within a neighborhood provides insights into its current market position and potential for future appreciation. Understanding these trends is essential for assessing investment opportunities. Examining property values and trends in the neighborhood surrounding 200 Ocean Crest Drive contributes to a comprehensive understanding of its market dynamics.
These interconnected neighborhood characteristics paint a detailed picture of a specific location. By examining these facets, a clearer understanding of the context surrounding 200 Ocean Crest Drive, Palm Coast, emerges, providing valuable insights for potential residents, investors, and anyone interested in understanding the dynamics of this specific property and its surrounding community.
3. Market Value
Market value, representing the estimated price a property would command in a competitive and open market, holds significant relevance when analyzing a specific address like 200 Ocean Crest Drive, Palm Coast. Several factors contribute to a property’s market value, creating a complex interplay of influences. Location within Palm Coast plays a crucial role, with proximity to desirable amenities like beaches, parks, and quality schools potentially increasing value. The property’s size, condition, age, and any recent renovations or upgrades also influence its market worth. Comparing similar properties recently sold in the same neighborhood provides a benchmark for assessing a reasonable market value range. For example, if similar homes on Ocean Crest Drive have recently sold for between $300,000 and $350,000, it suggests a potential market value range for 200 Ocean Crest Drive, assuming comparable features and condition. Market conditions, including interest rates, inventory levels, and overall economic climate, also exert influence.
Understanding market value is crucial for various stakeholders. For potential buyers, accurate market value assessments inform purchasing decisions and negotiation strategies. Sellers benefit from understanding market value to set realistic listing prices and maximize returns. Lenders rely on market value appraisals to determine loan amounts and manage risk. Furthermore, market value data contributes to property tax assessments, influencing local government revenue. Accurately determining market value requires careful consideration of these factors. A professional appraisal, conducted by a qualified appraiser, provides a comprehensive and unbiased assessment, employing established methodologies to arrive at a well-supported valuation.
In summary, market value acts as a critical financial indicator for a property like 200 Ocean Crest Drive, Palm Coast. Its determination involves a complex interplay of location-specific factors, property characteristics, and prevailing market conditions. A thorough understanding of these influences enables informed decision-making for buyers, sellers, lenders, and government entities, contributing to a more efficient and transparent real estate market. Challenges in accurately assessing market value can arise due to rapidly changing market conditions or unique property features. Therefore, relying on professional appraisals and up-to-date market data is essential for a reliable and robust valuation.
4. Property Taxes
Property taxes represent a crucial financial component associated with real estate ownership, directly impacting properties like 200 Ocean Crest Drive, Palm Coast. These taxes, levied by local governments, serve as a primary funding source for essential public services such as schools, infrastructure maintenance, and emergency services. The calculation of property taxes for a specific address like 200 Ocean Crest Drive involves assessing the property’s value, typically conducted by the county property appraiser. This assessed value, often reflecting market value, forms the basis for applying the local millage rate, a tax rate expressed in mills per dollar of assessed value. For instance, a millage rate of 10 mills translates to $10 of tax for every $1,000 of assessed value. Consequently, a property at 200 Ocean Crest Drive assessed at $250,000 would incur an annual property tax of $2,500, assuming a 10 mill rate.
Several factors can influence property tax calculations. Exemptions, such as homestead exemptions for primary residences, can reduce the taxable value, thus lowering the tax burden. Changes in local millage rates, reflecting budgetary needs and community priorities, directly impact property tax amounts. Property owners at 200 Ocean Crest Drive, like other property owners, have the right to appeal assessed values if deemed inaccurate or unfair, potentially leading to adjustments in property tax liabilities. Understanding property taxes and their calculation is essential for informed financial planning. This understanding allows property owners to anticipate tax obligations, budget accordingly, and explore potential avenues for tax reduction through available exemptions or appeals processes. Accurate property tax projections facilitate informed decision-making for potential buyers considering properties like 200 Ocean Crest Drive, allowing for realistic cost assessments.
In summary, property taxes constitute a significant recurring cost associated with real estate ownership. The calculation, influenced by assessed value and local millage rates, directly impacts properties like 200 Ocean Crest Drive, Palm Coast. Awareness of these factors, available exemptions, and appeal processes empowers property owners to manage tax liabilities effectively. Accurate property tax assessments provide transparency and contribute to a stable and predictable real estate market. Furthermore, property taxes play a vital role in funding essential public services, linking individual property ownership to broader community well-being.
5. Building Specifications
Building specifications represent a detailed description of a property’s physical characteristics, influencing its functionality, value, and overall appeal. For a specific address like 200 Ocean Crest Drive, Palm Coast, understanding these specifications is crucial for potential buyers, appraisers, and anyone seeking a comprehensive property overview. They provide a tangible framework for evaluating a property’s condition, suitability, and potential.
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Construction Materials and Methods
The materials used in a building’s construction, such as concrete, wood, or steel framing, directly impact its durability, maintenance requirements, and resistance to environmental factors. Construction methods employed influence structural integrity and energy efficiency. For 200 Ocean Crest Drive, knowing the construction materials and methods provides insights into its long-term viability and potential maintenance costs. For example, a concrete block structure might offer greater hurricane resistance compared to a wood-framed building in a coastal area like Palm Coast.
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Architectural Style and Design
Architectural style reflects a building’s design aesthetic, influencing its visual appeal and market perception. Features like rooflines, window types, and faade treatments contribute to a property’s character. The architectural style of 200 Ocean Crest Drive contributes to its overall aesthetic and potentially influences its market value within the Palm Coast real estate landscape. A Mediterranean Revival style, common in Florida, might command a different market price compared to a contemporary design.
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Interior Layout and Features
Room dimensions, number of bedrooms and bathrooms, kitchen layout, and the presence of specific features like fireplaces or built-in shelving define a property’s interior functionality. These elements impact livability and suitability to individual needs. The interior layout and features of 200 Ocean Crest Drive determine its practicality and appeal to potential occupants. A spacious open-plan layout might be more desirable for modern living compared to a compartmentalized floor plan.
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Building Systems and Utilities
The type and condition of heating, ventilation, and air conditioning (HVAC) systems, plumbing, electrical wiring, and other utility systems influence a property’s efficiency, safety, and comfort. Understanding these systems is essential for assessing potential maintenance or upgrade needs. The building systems and utilities at 200 Ocean Crest Drive directly impact its operational costs and overall functionality. Modern, energy-efficient systems contribute to lower utility bills and enhance comfort for residents.
These building specifications, when considered collectively, create a comprehensive profile of a property like 200 Ocean Crest Drive, Palm Coast. This detailed understanding allows for informed decision-making regarding property valuation, suitability to individual needs, and potential investment considerations. By analyzing these specifications in relation to market trends and local building codes, one can gain a thorough understanding of a property’s current status and potential for future adaptation or enhancement.
6. Ownership History
Ownership history provides a chronological record of a property’s ownership transitions. For a specific property like 200 Ocean Crest Drive, Palm Coast, this historical record offers valuable insights into market trends, property valuation, and potential legal considerations. Examining past transactions, ownership durations, and sales prices contributes to a comprehensive understanding of the property’s market performance and potential future trajectory.
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Chain of Title
The chain of title documents the successive owners of a property, establishing an unbroken lineage of ownership. A clear chain of title is essential for verifying legal ownership and ensuring a smooth transfer of ownership during a sale. For 200 Ocean Crest Drive, a thorough examination of the chain of title confirms rightful ownership and identifies any potential encumbrances or unresolved legal issues. For instance, a break in the chain of title could indicate a potential ownership dispute or unresolved lien.
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Transaction History
Transaction history details the dates and prices of previous sales, providing insights into market fluctuations and property value appreciation or depreciation. Analyzing historical transaction data for 200 Ocean Crest Drive allows for comparisons with current market conditions and assessment of potential investment returns. For example, observing a steady increase in sales prices over time suggests a healthy appreciation trend for the property and surrounding area.
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Ownership Duration
The length of time previous owners held the property can reveal insights into neighborhood stability and market dynamics. Short ownership durations might suggest underlying issues or rapid market fluctuations. For 200 Ocean Crest Drive, consistent longer ownership periods could indicate a stable and desirable neighborhood. Conversely, frequent turnovers might signal potential concerns or a more volatile market environment.
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Liens and Encumbrances
Ownership history can reveal any existing liens or encumbrances on the property, such as mortgages, unpaid taxes, or legal judgments. Identifying these encumbrances is crucial for protecting buyers from unforeseen financial obligations. A clear title search for 200 Ocean Crest Drive ensures that any existing liens are identified and addressed before the transfer of ownership. For example, an unresolved tax lien could become the responsibility of the new owner if not properly addressed during the sale process.
Understanding the ownership history of 200 Ocean Crest Drive, Palm Coast, provides valuable context for evaluating its current market position and potential future value. This historical perspective, combined with other property-specific data, informs investment decisions and allows for a more comprehensive assessment of the property within the broader Palm Coast real estate landscape.
7. Nearby Amenities
Nearby amenities significantly influence property desirability and market value. For a specific address like 200 Ocean Crest Drive, Palm Coast, access to essential services, recreational opportunities, and community resources contributes to its overall appeal and potential for appreciation. Analyzing the proximity and quality of these amenities provides valuable context for evaluating the property’s position within the Palm Coast real estate market.
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Educational Institutions
The quality and proximity of schools, including elementary, middle, and high schools, are key considerations for families. Access to reputable educational institutions enhances a neighborhood’s desirability and often correlates with higher property values. The specific schools serving 200 Ocean Crest Drive, Palm Coast, and their respective performance ratings, would be relevant information for prospective buyers. For example, access to a highly-rated school district could significantly impact the property’s attractiveness.
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Shopping and Dining
Convenience in daily life is enhanced by proximity to grocery stores, retail centers, and diverse dining options. Easy access to shopping and dining establishments contributes to a neighborhood’s vibrancy and overall appeal. The variety and quality of such establishments near 200 Ocean Crest Drive influence its desirability for potential residents. A thriving local restaurant scene or a nearby upscale shopping center could enhance the property’s perceived value.
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Recreational Facilities
Parks, beaches, golf courses, and other recreational facilities contribute to a community’s quality of life and provide opportunities for leisure activities. Access to these amenities enhances a property’s appeal, particularly for those seeking an active lifestyle. The specific recreational opportunities available near 200 Ocean Crest Drive, such as proximity to the beach or a well-maintained park system, would influence its attractiveness to potential buyers. For instance, easy access to waterfront activities could be a significant selling point for a coastal property.
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Healthcare Services
Proximity to hospitals, clinics, and other healthcare providers ensures timely access to medical care. Access to quality healthcare is a critical factor for residents of all ages, particularly for families with young children or elderly individuals. The availability and quality of healthcare services near 200 Ocean Crest Drive, Palm Coast, influence its suitability for individuals with specific healthcare needs. A nearby hospital or specialized medical facility could enhance the property’s appeal to certain demographic groups.
The availability and quality of nearby amenities contribute significantly to the overall desirability and market value of a property like 200 Ocean Crest Drive, Palm Coast. Evaluating these amenities within the context of individual preferences and lifestyle needs allows for a more informed assessment of the property’s suitability and potential for long-term value appreciation. A comprehensive understanding of nearby amenities complements other property-specific data, contributing to a more holistic view of its position within the Palm Coast real estate market.
8. Potential for Investment
Investment potential, a critical factor in real estate analysis, represents the possibility of future financial returns from a property. For a specific address like 200 Ocean Crest Drive, Palm Coast, assessing investment potential requires a comprehensive evaluation of various interconnected factors. Market conditions within Palm Coast, including projected growth trends, inventory levels, and demand fluctuations, influence potential returns. Property-specific attributes, such as location within Palm Coast, property size, condition, and potential for renovation or expansion, also contribute to investment attractiveness. Neighborhood characteristics, including school quality, crime rates, and access to amenities, play a significant role. For instance, a property located in a rapidly developing area of Palm Coast with strong projected population growth and proximity to desirable amenities could present higher investment potential compared to a similar property in a stagnant or declining market. Analyzing historical property values and rental income data for comparable properties in the vicinity provides further insight into potential returns and risk assessments.
Several factors influence investment outcomes. Economic conditions, both local and national, can impact market dynamics and property values. Changes in interest rates and lending practices affect affordability and investment activity. Local regulations, such as zoning laws and building codes, can influence development potential and property usage. For example, favorable zoning regulations that allow for potential future development or expansion on a property like 200 Ocean Crest Drive could significantly enhance its investment appeal. Moreover, the overall investment strategy, whether focused on long-term appreciation, rental income generation, or property flipping, influences the selection criteria and expected return on investment. Understanding these diverse influences is crucial for informed investment decision-making and risk mitigation.
In summary, evaluating the investment potential of a property like 200 Ocean Crest Drive, Palm Coast, requires a thorough analysis of market dynamics, property-specific attributes, and neighborhood characteristics. Historical data analysis, combined with projections of future growth and development potential, provides a basis for informed investment decisions. Recognizing the interplay of these factors, along with potential risks and market fluctuations, allows investors to make more calculated decisions aligned with individual investment goals and risk tolerance. Challenges in accurately predicting future market conditions and investment outcomes necessitate careful due diligence and a data-driven approach to property analysis.
Frequently Asked Questions
This section addresses common inquiries regarding property research, using a specific address as a representative example. The information provided aims to offer general guidance and does not constitute professional real estate advice.
Question 1: How can one determine the current market value of a specific property?
Several factors contribute to a property’s market value. Professional appraisals, conducted by licensed appraisers, provide the most accurate valuations. Online real estate platforms and public records can offer estimated values, but these should be considered as preliminary estimates rather than definitive valuations. Consulting local real estate agents can also provide valuable insights into current market conditions and comparable property sales.
Question 2: What are the primary considerations when researching a property’s ownership history?
Examining the chain of title is crucial for verifying ownership legitimacy and identifying potential encumbrances like liens or unresolved legal issues. Transaction history reveals past sales prices and dates, providing context for market trends and property value fluctuations. Public records, title companies, and online real estate platforms can provide access to ownership history data.
Question 3: How can individuals access information about property taxes for a specific address?
Local government websites, typically the county tax assessor’s office, provide access to property tax information. These resources often allow searches by address, providing details on assessed values, millage rates, and tax payment history. Third-party real estate websites may also offer property tax estimates, but it’s essential to verify this information with official government sources.
Question 4: What resources are available for researching neighborhood demographics and characteristics?
Government census data provides comprehensive demographic information at various geographic levels. Local government websites and community profiles often offer insights into neighborhood characteristics, including crime rates, school performance data, and access to amenities. Third-party demographic analysis platforms can provide more detailed and specialized data for specific areas.
Question 5: Where can one find information about building specifications and permits for a specific property?
Local government building departments maintain records of building permits, inspections, and approved building plans. These records often contain detailed information about building specifications, construction materials, and permitted renovations or additions. Accessing these records typically involves contacting the relevant building department or accessing online permit databases.
Question 6: What are the key factors to consider when evaluating the investment potential of a property?
Market conditions, including projected growth trends and inventory levels, play a crucial role in assessing investment potential. Property-specific characteristics, such as location, size, condition, and potential for improvement, also contribute significantly. Neighborhood factors, including school quality, crime rates, and access to amenities, influence long-term value appreciation. Analyzing historical property values and rental income data provides further insights into potential returns and risks. Consulting with qualified real estate professionals offers additional guidance for informed investment decisions.
Thorough property research involves evaluating multiple interconnected factors. Due diligence and careful consideration of available data are essential for informed decision-making.
This FAQ section provides a starting point for property research. Further exploration of specific topics and consultation with qualified professionals are recommended for comprehensive property analysis.
Tips for Effective Property Research
Conducting thorough property research is crucial for informed decision-making. These tips offer guidance for navigating the complexities of property analysis, using a specific address as a representative example. The information provided serves as a general framework and does not substitute professional real estate advice.
Tip 1: Verify Information from Multiple Sources
Relying on a single source for property information can lead to inaccuracies. Cross-referencing data from multiple reputable sources, including official government records, professional appraisal reports, and established real estate platforms, ensures data reliability and reduces the risk of misinformation. Discrepancies between sources should be investigated thoroughly.
Tip 2: Understand Local Market Dynamics
Real estate markets exhibit localized behavior. Analyzing market trends specific to the area, including recent sales data, inventory levels, and projected growth projections, provides crucial context for property valuation and investment decisions. National market trends offer a broader perspective but should be complemented by localized market analysis.
Tip 3: Consider Professional Appraisals
While online valuation tools offer convenient estimates, professional appraisals provide more accurate and comprehensive property valuations. Licensed appraisers employ established methodologies and consider a wider range of factors, leading to more reliable valuations, especially for complex or unique properties.
Tip 4: Conduct Thorough Due Diligence
Due diligence involves a comprehensive investigation of a property’s legal and financial status. This includes verifying ownership history, identifying potential encumbrances, reviewing property tax records, and assessing the condition of building systems. Thorough due diligence protects buyers from unforeseen risks and ensures informed decision-making.
Tip 5: Analyze Neighborhood Characteristics
A property’s value and desirability are influenced by its surrounding neighborhood. Researching neighborhood demographics, school quality, crime rates, access to amenities, and proximity to essential services provides a comprehensive understanding of a property’s context and potential for future appreciation.
Tip 6: Assess Long-Term Investment Goals
Investment strategies should align with individual financial goals and risk tolerance. Evaluating potential rental income, property appreciation projections, and potential tax implications allows for more informed investment decisions. Long-term investment horizons often require different considerations compared to short-term investment strategies.
Effective property research empowers individuals with the knowledge necessary for informed decision-making. Utilizing these tips enhances the research process and contributes to a more comprehensive understanding of property valuation, market dynamics, and investment potential.
By implementing these research strategies, individuals can approach real estate decisions with greater confidence and clarity, maximizing the potential for successful outcomes.
Conclusion
Analysis of a specific property, exemplified by 200 Ocean Crest Drive, Palm Coast, necessitates a multifaceted approach. Key factors influencing value and desirability include location within Palm Coast, proximity to amenities, property specifications, market conditions, and investment potential. Thorough research, incorporating data from reliable sources, facilitates informed decision-making for potential buyers, investors, and other stakeholders. Understanding these interconnected elements provides a comprehensive perspective crucial for navigating the complexities of real estate transactions.
Strategic property analysis empowers informed decisions, maximizing potential returns and minimizing risks. The evolving real estate landscape requires continuous adaptation and diligent research. A comprehensive understanding of market dynamics, property-specific attributes, and neighborhood characteristics positions stakeholders for success in the dynamic world of real estate investment and ownership.
