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1200 Cinnamon Beach WAY, #1124, Palm Coast, FL, 32137 | $675,000
Welcome to Paradise at Cinnamon Beach! Discover the epitome of coastal luxury with this stunning 3-bedroom, 2-bathroom condo that blends contemporary elegance with breathtaking natural beauty. Located just a short walk away from the pristine shores of Cinnamon Beach, this condo offers an idyllic retreat for those seeking a perfect blend of comfort, style, and investment potential. Property Features: Location: Nestled near the beach, enjoy the soothing sound of ocean waves and spectacular sunsets from the comfort of your own private balcony. Bedrooms & Bathrooms: This spacious condo boasts 3 bedrooms and 2 full bathrooms, providing ample space for both relaxation and entertainment. Lake View: Bask in the serenity of a gorgeous lake view, creating a tranquil atmosphere that complements the coastal lifestyle. Contemporary Upgrades: Immerse yourself in sleek, modern design with contemporary upgrades throughout the condo, including upscale finishes and stylish fixtures.
Short-Term Rentals Allowed: Unlock the potential for a lucrative investment with the option for short-term rentals, making this condo an ideal income-generating property. How about a 1031 exchange?
Amenities:
Beach Access: Experience the luxury of easy beach access, allowing you to indulge in the sun, sand, and surf at your convenience.
Swimming Pools: Dive into the refreshing waters of the community swimming pools and spa, providing a perfect oasis for relaxation and socializing.
Fitness Center: Stay active with a state-of-the-art fitness center, offering a range of equipment to meet all your workout needs.
Clubhouse: Socialize and unwind in the clubhouse, a welcoming space for community events and gatherings including a game room and seasonal grille.
Included costs: water, sewer, trash, cable, and internet are all included in the HOA dues.
Don't miss the chance to own a slice of paradise that promises not only a luxurious lifestyle but also a smart investment opportunity for when you are away. Embrace the coastal charm of Cinnamon Beach - where everyday living feels like a vacation. Contact the listing agent today to make this condo your ticket to the ultimate beachside retreat!
Features
- Elevator: Y
- Heating: Central
- Cooling: Central Air
- Levels: 5
- Rooms: 9
- Bedrooms: 3
- Baths: 2 full
- Laundry: Inside
- Complex: OCEAN HAMMOCK
- Year Built: 2004
- Common Charge: $886 Monthly
- Approx Sq. Feet: 1,682
- Acreage: 0.01
- Est. Taxes: $6,472
- Condo Fee: $972 Quarterly
- Pet Policy: Yes
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
- MLS#: OM676613
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/OM676613/1200cinnamonbeachway_palmcoast_fl?source=qrflyer
Listing courtesy of GAILEY ENTERPRISES REAL ESTATE Phone: 770-733-2596
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1200 Cinnamon Beach WAY, #1124, Palm Coast, FL, 32137
$675,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
| Monthly Tax Payment | $539 | $539 | $539 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,684 | $3,589 | $4,557 |
| Total Monthly Payment | $4,315 | $4,220 | $5,188 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388