The Ritz-Carlton Residences, Hammock Dunes is not a hotel. There is no lobby to walk through, no check-in desk, no rotating roster of guests. It is a private oceanfront residential community in Palm Coast, Florida, built around 128 condominium residences with the service, design standards, and brand architecture of one of the most recognizable luxury names in the world.
When both penthouses in the North Tower were reserved before groundbreaking for a combined $20 million, setting a new residential sales record in Flagler County, the broader market paid attention. This is what that development is, where it stands, and why it matters.
THE PROJECT
The Ritz-Carlton Residences, Hammock Dunes is located at 197-201 Avenue De La Mer in Palm Coast, on a 6.8-acre oceanfront site within the exclusive, gated Hammock Dunes community. The development comprises two towers containing a total of 128 private residences, with pricing from $3 million to over $10 million for the penthouse units.
The project is co-developed by BH Group and Unicorp National Developments, two of the most credentialed luxury residential development firms operating in Florida. Unicorp has delivered over $5 billion in landmark developments, including The Ritz-Carlton Residences Orlando Grande Lakes and The St. Regis Longboat Key Resort and Residences. BH Group brings a portfolio exceeding $3 billion in luxury residential and mixed-use development across South Florida. Groundbreaking is scheduled for 2026, with completion expected in 2028.
THE RESIDENCES
Each residence features private elevators, 10-foot ceilings, and expansive oceanfront balconies. Kitchens are appointed with Sub-Zero and Wolf appliances. Interior design is by Meyer Davis, one of the most respected residential and hospitality design studios in the country, whose work includes some of the most recognized luxury hotel interiors in the world.
The level of finish and the design team behind it place this project firmly in a category that has not previously existed in Flagler County. For buyers accustomed to the South Florida luxury condo market, the product quality and the price point relative to comparable Miami or Palm Beach product represent a compelling value proposition.
THE AMENITIES
The amenity program reflects the Ritz-Carlton standard rather than a generic luxury condo checklist. A resort-style pool deck, personal concierge and valet services, a full spa with sauna and steam room, a golf simulator, a curated wine and cocktail bar, a pet spa, and private event spaces are planned. The development also offers optional Hammock Dunes Club memberships, giving residents access to the club's two Tom Fazio-designed golf courses, tennis facilities, fitness center, and private beach club within the broader Hammock Dunes community.
The combination of the Ritz-Carlton residential service model with the existing Hammock Dunes Club infrastructure creates a lifestyle offering that is genuinely without precedent in northeast Florida.
HAMMOCK DUNES: THE SETTING
Understanding the Ritz-Carlton Residences requires understanding Hammock Dunes, because the development does not exist in isolation. It is the final residential offering within the Hammock Dunes master plan, a long-established, gated oceanfront community in Palm Coast that has been the most prestigious address in Flagler County for decades.
Hammock Dunes sits on seven miles of Atlantic coastline east of Palm Coast, about thirty minutes north of Daytona Beach and thirty minutes south of St. Augustine. It is private, gated, and carefully controlled in a way that has preserved its character and its property values through decades of surrounding development. The existing residential buildings within the community, Le Jardin, Savona, Portofino, La Grande, Cambria, and Tuscany, form the oceanfront complex that the Ritz-Carlton towers will complete.
For buyers who have considered Hammock Dunes in the past, the arrival of the Ritz-Carlton brand as the capstone of the community is the kind of development that validates a long-term thesis about the market.
THE MARKET SIGNAL
High-net-worth interest in the Hammock Dunes development has been documented from New York, Atlanta, and international buyers from South America and beyond. The pre-groundbreaking sale of both North Tower penthouses for a combined $20 million was not just a sales achievement. It was a market signal that the demand for ultra-luxury oceanfront product in northeast Florida is real, funded, and accelerating.
For the broader Flagler County market, the arrival of a Ritz-Carlton branded address is a landmark event. Branded luxury residences from names like the Ritz-Carlton, the St. Regis, and Four Seasons have historically elevated the perception and pricing of the markets they enter. Flagler County, which has been quietly accumulating the infrastructure and demographic characteristics of a market ready for this tier of product, is now getting the validation that tends to precede significant appreciation in surrounding areas.
FOR PHYSICIANS AND HIGH-INCOME PROFESSIONALS
The Ritz-Carlton Residences, Hammock Dunes is designed for a buyer who wants the most elevated version of coastal Florida living without the density, the traffic, and the price premium of South Florida's most saturated markets. For physicians and healthcare executives who have spent careers in high-performance environments and want a home that reflects that standard, this development is one of the most compelling new offerings in the Southeast.
The location also places residents within commuting distance of AdventHealth Palm Coast and the growing medical and professional infrastructure of Flagler County, which has been one of the fastest-growing counties in Florida in recent years.
WHERE THINGS STAND AND HOW TO ENGAGE
Groundbreaking is scheduled for 2026, with completion expected in 2028. Reservations are currently being accepted, and with 128 total residences and the penthouse tier already largely committed, the available inventory will narrow as the project advances toward groundbreaking.
If you would like current information on available residences, floor plans, pricing, and what the reservation process looks like, reach out directly. We work with buyers navigating the northeast Florida luxury market and are positioned to connect you with the right information and the right people to make an informed decision about this opportunity. This is a rare moment in this market and the buyers who engage early tend to have the best options.
