- July 12, 2025
The Ritz-Carlton Residences, Hammock Dunes, have just made Flagler County history with two record-breaking sales.
BH Group, a luxury real estate developer based in South Florida, announced on Monday, June 16, that both penthouses in the North Tower of The Ritz-Carlton Residences, Hammock Dunes have been reserved, totaling about a $20 million sale — the highest residential sale in Flagler County history, according to a news release.
“These sales are a testament not only to the strength of Florida’s luxury real estate market but also to the unique vision we’ve brought to Hammock Dunes,” said Isaac Toledano, CEO of BH Group. “Long considered one of Florida’s best-kept secrets, Flagler County is emerging as a rising player in the state’s luxury real estate market. With a wave of record-breaking sales and the introduction of this landmark project, the region is well-positioned for significant high-end growth. We are excited to bring a level of lifestyle, stability and long-term value that mirrors our most successful South Florida projects while honoring the legacy of this exceptional coastal destination.”
The two buyers are from New Jersey and Florida.
Previously, Flagler County's highest residential sale was an ocean view home in the Hammock Dunes area, which sold in June 2024 for $5.2 million.
The Ritz-Carlton Residences, Hammock Dunes, at 197-201 Avenue De La Mer, Palm Coast, is expected to be completed in 2027. It will feature two towers with 128 oceanfront residential condominium units spanning approximately 6.8 acres. It is the final large-scale residential opportunity within the Hammock Dunes master plan.
Amenities for residents include a personal concierge, resort-style pool deck and cocktail bar, golf simulator, wine bar, spa with sauna and steam room, private event space, pet spa and more, the news release states.
