Under contract-accepting backup offers. Prepare to enjoy not only incredible ocean views but breathtaking sunsets at Cinnamon Beach condo 331! Cinnamon Beach 331 corner unit floor plan is amongst the largest in the community offering over 2000 sq ft. The entire west side of the main living space engages with a 'wall of windows' allowing natural light to envelop the property. Stroll outside to the tiled balcony, and take in the salty air with the sound of the waves crashing on the shore. Enjoy relaxing on the patio or dine 'Al Fresco' with family and friends.
The dazzling wood floors in the main living space, granite counters, 42" cabinets and breakfast nook in the open kitchen all combine for a fantastic fit and finish.
The master suite is a dream with an enormous picture window looking over the golf hole and ocean. The second bedroom is designed with a en-suite full bathroom. The third bedroom resides in the front of the property offering privacy and the third bathroom conveniently located a few steps down the hall.
***All furnishings included in the sale.
Cinnamon Beach 331 is in a short term rental program with superb rental revenue return. Please inquire with Agent.
Cinnamon Beach at Ocean Hammock amenities include - oceanfront and club pools, two spas, seasonal restaurant, fitness center, entertainment lounge, kiddie pool all located within a short walk of Cinnamon Beach 331 in a private gated community !
Cinnamon Beach is a privately gated neighborhood within the exclusive community of Ocean Hammock, a tranquil, coastal gem located in Palm Coast, Florida, just 20 minutes south of St. Augustine, 30 minutes north of Daytona Beach and 75 minutes east of Orlando. Featuring 2. 5 miles of pristine private beach, the community features a harmonious blend of magnificent Oceanfront, Ocean/Golf View & Lakeview condominiums, and spectacular individual homes. All Cinnamon Beach Vacations guests enjoy access to the community's world-class amenities.
We're close enough for a day trip to Orlando, Disney World, Kennedy Space Center and more. When you're ready to escape the crowds and traffic, you can come back here, unwind, and enjoy the “quiet side of Florida. ”
What makes Cinnamon Beach special, is the miles of private, unspoiled beach. Whether swimming, watersports, fishing in the ocean or just strolling along collecting seashells. Cinnamon Beach is the perfect place for lasting memories with family and friends.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $498 | $498 | $498 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,797 | $4,620 | $6,272 |
Total Monthly Payment | $5,387 | $5,210 | $6,862 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.