NOT LISTED FOR SALE

11 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $219,000

0.14 Acre
$1,564,286 Price per Acre
6,229 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $155,000 $25 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,618/month

187 Days on Market

Highlights

  • Community Beach Access
  • Fitness Center
  • Lake View
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of May 2023

Own a slice of paradise and build your Florida beach side dream home in Cinnamon Beach! Enjoy the world class amenities and private beach
in this exclusive gated community! This lot is located in a prime spot backing up to the Jack Nicklaus Ocean Course and just short stroll to the beach and all the amenities Cinnamon Beach offers. HOA fees include lot maintenance and amenities. Lot is pre-engineered, cleared, and leveled, saving thousands of dollars in site prep. Cinnamon Beach allows short term vacations rental so you can earn income when not using ! Ask about rental potential through Cinnamon Beach Vacations or enjoy it for yourself. Call for a tour today!

Last Agent to Sell the Property

J. Scott Massey

CINNAMON BEACH REALTY License #3294658 Listed on: 10/12/2022

Last Buyer's Agent

J. Scott Massey

CINNAMON BEACH REALTY License #3294658 Listed on: 10/12/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,593

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 39.67 x 109.96 x 51.97 x111.11
  • Property is zoned PUD

HOA Fees

Property Views

  • Lake Views

Listing and Financial Details

  • Legal Lot and Block 4 / 10
  • Assessor Parcel Number 04-11-31-3512-00010-0040
  • $60 per year additional tax assessments

Community Details

Overview

  • Association fees include pool, ground maintenance
  • $151 Other Monthly Fees
  • May Management Services Association, Phone Number (386) 446-0085
  • Cinnamon Beach Condos
  • Ocean Hammock Subdivision

Recreation

  • Community Beach Access
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,593

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds
  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6229
  • Directions to Property: Traveling from Palm Coast Pkwy, go through the Hammock Dunes Toll Bridge and continue straight through the stop sign. Turn Right on Hotel Trace Blvd. Turn Left on Ocean Way Blvd, then Left onto Cinnamon Beach Way. The Lot will be on the Left.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203043
  • RATIO Current Price By Calculate: 24.88
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Other Fees Amount: 452
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0131E
  • Price Per Acre: 1107143

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area, Fitness Center, Gated, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub
  • Association Fee: 192
  • Association Fee Frequency: Quarterly
  • Association Name: MAY Management Services
  • Phone: (386) 446-0085
  • Association: Yes
  • Security: Gated Community
  • Association #2 Fee: 475
  • Association #2 Fee Frequency: Quarterly
  • Association: MAY Management Services
  • Association 2 YN: 1
  • Complex Community Name Nccb: CINNAMON BEACH
  • Association Fee Requirement: Required
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 4476.00
  • Total Monthly Fees: 373.00
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 64.00

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0040
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Dimensions: 39.67 x 109.96 x 51.97 x111.11
  • Flood Zone Code: X500
  • Lot Size Square Meters: 579

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1593
  • Tax Block: 10
  • Tax Book Number: 884
  • Tax Lot: 4
  • Tax Other Annual Assessment Amount: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
May 19, 2023
Sold by
Valyo Paill
Bought by
Huie Frederick and Valitutto-Huie Gina
Seller's Agent
J. Scott Massey
CINNAMON BEACH REALTY
Buyer's Agent
J. Scott Massey
CINNAMON BEACH REALTY
List Price
$225,000
Sold Price
$155,000
Premium/Discount to List
-$70,000
-31.11%
Total Days on Market
187
Views
59
Current Estimated Value
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,000
Avg. Annual Appreciation
18.37%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Voss Ralph F and Voss Jerrilynn
Bought by
Nikzad Farhad

Purchase Details

Closed on
Jul 17, 2013
Sold by
Rosen Elliott K and Rosen Barbara B
Bought by
Hancock Bank

Purchase Details

Closed on
Apr 21, 2005
Sold by
Dorsher Peter T and Dorsher Adria J
Bought by
Valyo Paul

Purchase Details

Closed on
Aug 28, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Dorsher Peter T and Dorsher Adria J

Purchase Details

Closed on
Feb 15, 2001
Sold by
Northshore Ocean Hammock Inv L P
Bought by
Iandoli Peter A and Iandoli Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
7.06%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huie Frederick $155,000 Title Chain
Nikzad Farhad $125,000 None Available
Hancock Bank -- None Available
Valyo Paul $250,000 --
Dorsher Peter T $257,500 --
Iandoli Peter A $195,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huie Frederick $766,000
Previous Owner Iandoli Peter A $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $155,000 -11.4% $25 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $175,000 -12.1% $29 / Sq Ft
10/30/2022 10/30/22 Price Changed $199,000 -11.6% $33 / Sq Ft
10/12/2022 10/12/22 For Sale $225,000 -- $37 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,993 $170,000 $170,000 --
2023 $1,993 $94,501 $0 $0
2022 $1,593 $143,000 $143,000 $0
2021 $1,287 $89,500 $89,500 $0
2020 $1,130 $71,000 $71,000 $0
2019 $1,284 $80,000 $80,000 $0
2018 $1,313 $80,000 $80,000 $0
2017 $1,261 $80,000 $80,000 $0
2016 $1,392 $66,550 $0 $0
2015 $1,287 $60,500 $0 $0
2014 $1,010 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J. Scott Massey

    Seller's Agent in 2023

    J. Scott Massey

    CINNAMON BEACH REALTY

    (321) 439-9269

    32 Total Sales

    J. Scott Massey
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC286756

Stellar MLS

APN: 04-11-31-3512-00010-0040

Florida Flagler County Palm Coast 32137

11 Cinnamon Beach Way, Palm Coast, FL

This home is located at 11 Cinnamon Beach Way, Palm Coast, FL 32137 since 12 October 2022 and is currently estimated at $219,000, approximately $35 per square foot. 11 Cinnamon Beach Way is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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