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800 Cinnamon Beach WAY, #725, Palm Coast, FL, 32137 | $939,000
Step into your dream oceanfront condo nestled in the serene community of Cinnamon Beach at Ocean Hammock. This exquisite 3-bedroom, 3-bathroom residence boasts over 2, 000 square feet of luxurious living space, offering breathtaking ocean views from nearly every room. Its open-concept design seamlessly integrates the beauty of the beach into your everyday living.
This turn-key condo comes fully furnished and adorned with stylish décor, allowing you to move right in and start enjoying the coastal lifestyle. The expansive kitchen features elegant wood cabinetry, sleek granite countertops, and a cozy eat-in nook, perfect for casual meals with a view.
Wake up each day in the owners retreat, where the soothing sounds of the waves and panoramic beach vistas provide a tranquil start. The owners suite includes a spa-like en-suite bathroom with a walk-in closet and an additional secondary closet. The guest suite offers privacy and comfort with its own full bathroom, while the third bedroom is served by a conveniently located hallway bathroom.
The condo’s stunning solid surface floors include tile in the foyer, kitchen, and bathrooms, complemented by stylish wood-look engineered planks throughout the living areas and bedrooms. The oceanfront balcony extends the full width of the condo, offering ample space for both dining and lounging while you enjoy the stunning views.
As a resident of Cinnamon Beach, you'll have access to pristine beaches, charming boardwalks, oceanfront and lakefront pools, a bistro grill restaurant, a fitness center, and a clubhouse. For those seeking an elevated experience, optional membership to the luxurious Hammock Beach Resort is available.
Currently listed as a vacation rental on VRBO, this condo generates impressive rental income. New owners can choose to manage the property themselves, work with a vacation rental company, or simply relish the beachside retreat for personal enjoyment. Either way, this oceanfront condo represents a fantastic opportunity to own a slice of paradise.
Features
- Elevator: Y
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 6
- Rooms: 9
- Bedrooms: 3
- Baths: 3 full
- Laundry: Inside, Laundry Room
- Complex: OCEAN HAMMOCK
- Year Built: 2003
- Common Charge: $886 Monthly
- Approx Sq. Feet: 2,003
- Acreage: 0.3
- Est. Taxes: $10,785
- Condo Fee: $480 Quarterly
- View: Water
- Elem. School: Old Kings Elementary
- Middle School: Indian Trails Middle-FC
- High School: Matanzas High
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: FC303576
- Days on Market: 7 days
- Website: https://www.raveis.com
/prop/FC303576/800cinnamonbeachway_palmcoast_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER PREMIER PROPERTIES (HAMMOCK) Phone: 386-246-2380
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
800 Cinnamon Beach WAY, #725, Palm Coast, FL, 32137
$939,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $751,200 | $751,200 | $751,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
| Monthly Tax Payment | $899 | $899 | $899 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,564 | $4,564 | $6,339 |
| Total Monthly Payment | $5,555 | $5,555 | $7,330 |
* 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