OCEAN VILLAGE

Multifamily Community in Palm Coast, Florida

Project Overview

FaverGray is serving as the general contractor for Ocean Village Apartments, a luxury multifamily community under construction in Palm Coast, Florida. Situated on approximately 20 acres off State Road 100, the development will deliver 314 apartment homes across four residential buildings featuring a mix of three-story and four-story construction.

Positioned adjacent to Flagler Beach, Ocean Village is designed to provide a connected coastal living experience that combines modern apartment amenities with convenient access to nearby beaches, waterfront recreation, and surrounding community destinations.

The project reflects FaverGray’s continued experience in the construction of market-rate multifamily communities throughout Florida and the Southeast.


Project TypeMultifamily Construction
LocationPalm Coast, Florida
Units314
Site SizeApproximately 20 Acres
Scheduled DeliveryJuly 2027
Development TypeLuxury Multifamily Community

Community Features & Amenities

Ocean Village Apartments is designed to provide residents with a highly amenitized living environment centered around wellness, recreation, and social engagement.

Community amenities include:

  • 10,000-Square-Foot Clubhouse
  • Leasing Offices
  • Private Work Rooms
  • Fitness Center & Yoga Studio
  • Game Lounge
  • Club Room with Bar
  • Resort-Style Swimming Pool
  • Fire Pits
  • Grilling Stations
  • Outdoor Gathering Areas


The site layout emphasizes connectivity, outdoor activation, and resort-style experiences designed to enhance the overall resident lifestyle throughout the community.


Construction Overview

FaverGray’s construction scope for Ocean Village Apartments includes residential buildings, clubhouse and amenity spaces, utility infrastructure, stormwater systems, and extensive site improvements throughout the property.

The development consists of four apartment buildings with a mix of three-story and four-story structures offering up to six distinct unit types.

Construction is primarily wood frame with steel stairs and precast elevator shafts designed to support long-term durability and structural performance.

Exterior materials include:

  • Fiber Cement Siding
  • Stone Accents
  • Architectural-Style Asphalt Shingles


All residential buildings are supported by post-tensioned concrete slab-on-grade foundations designed to enhance stability and long-term performance throughout the community.


Interior Finishes & Unit Features

Interior finishes throughout Ocean Village Apartments are designed to balance luxury, durability, and modern functionality.

Features include:

  • Stainless Steel Appliances
  • Quartz Countertops
  • Luxury Vinyl Plank Flooring
  • Upgraded Cabinetry
  • Modern Lighting & Contemporary Finishes


The community offers a variety of apartment layouts designed to support a range of resident lifestyles while enhancing comfort and functionality.


Site Improvements & Infrastructure

The project incorporates comprehensive infrastructure and site development improvements designed to support long-term functionality, accessibility, and connectivity throughout the property.

Site improvements include:

  • Water, Storm & Sewer Utility Extensions Connected to Public Infrastructure
  • Resort-Style Landscaping & Hardscaping
  • Irrigation Systems
  • Asphalt Paving
  • Concrete Sidewalks
  • On-Site Pond Construction


These improvements contribute to a cohesive and highly activated residential environment while supporting the overall performance of the development.


Multifamily Construction by FaverGray

FaverGray specializes in the construction of market-rate multifamily and student housing communities throughout the Southeast, delivering projects that combine thoughtful planning, quality construction, and long-term functionality.

Ocean Village Apartments represents FaverGray’s continued commitment to building highly amenitized multifamily communities that enhance resident lifestyles while supporting strategic growth throughout Florida’s coastal markets.

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CEO |

James a. Gray

Gray co-founded FaverGray in 2005 and has more than 45 years of experience in design and construction management in the residential, commercial and industrial market sectors. As CEO, Gray is responsible for leading the development of FaverGray’s short and long term strategy, creating and implementing FaverGray’s vision and mission, maintaining awareness of the competitive market landscape, evaluating expansion opportunities and industry developments, maintaining social awareness and responsibility within FaverGray’s market sectors, assessing and managing corporate risks and management of banking and surety relationships.