Florida & Gulf Coast + Hospitality | March 8, 2020

Hodges Ward Elliott Brokers Sale of Hammock Beach Resort in Palm Coast

Real estate capital markets advisor Hodges Ward Elliott has arranged the sale of Hammock Beach Resort, a 650-acre, oceanfront golf resort in Palm Coast. The sales price was not disclosed.

Located along Florida’s Atlantic Coast, the resort includes 333 units, two golf courses 50,000 square feet of indoor and outdoor meeting space, six dining venues, a 209-slip marina, six pools, three fitness centers, a waterpark, tennis center and a spa. Hammock Beach’s golf courses have hosted PGA Tour events, and tout some of the highest rankings in Florida by leading golf publications.

William Hodges, Nate Ries, and Coby Campbell of Hodges Ward Elliott represented the seller, a private equity real estate fund, in the transaction. The buyer was not disclosed.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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