$515,000
SOLD AUG 18, 2025

1200 Cinnamon Beach Way Unit 1142 Palm Coast, FL 32137

3 Beds
2 Baths
1,682 Sq Ft
$1,178/mo HOA Fee

Recently Sold

$306 Per Sq Ft

9% Below List Price

80 Days on Market

Highlights

  • Beach Access
  • Pond View
  • Balcony
  • Old Kings Elementary School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of August 2025

AMAZING VIEWS from this INCOME-GENERATING, FULLY FURNISHED 3-BED/2-BATH CONDO IN OCEAN HAMMOCK! Ideal for short-term rentals, this stunning holiday retreat is located in the highly desirable Cinnamon Beach at Ocean Hammock Resort. Step into a contemporary condo featuring an open floor plan, soaring ceilings, a granite kitchen, spacious bedrooms, and ample storage! Both the living room and master suite boast sliding glass doors that lead to a large balcony, perfect for outdoor entertaining while enjoying breathtaking water views. Cinnamon Beach offers private beach access, a community pool, and a variety of amenities for true resort-style living! Furniture is negotiable, and the unit can be sold turn-key.

Last Agent to Sell the Property

P. Jordan Farrell

FLORIDA BEACHES REAL ESTATE License #3258699 Listed on: 03/31/2025

Co-Listed By

TONY GARREN

FLORIDA BEACHES REAL ESTATE License #3210657

Last Buyer's Agent

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 2004

Lot Details

  • North Facing Home

HOA Fees

Home Design

  • Entry on the 4th floor
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Pond Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Beach Access
  • Access To Pond
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, ground maintenance, pest control, trash
  • $163 Other Monthly Fees
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Large pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,975

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,178 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1682
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 1682
  • Lot Size Sq Ft: 13056
  • Directions to Property: I-95 to Exit 289 for Palm Coast Pkwy. Head East on Palm Coast Pkwy for 2 Miles. Continue over the Hammock Dunes Bridge (Toll Road) for 0.8 miles and then continue on Hammock Dunes Pkwy for 1 mile. Turn right on Hotel Trace Blvd for 0.2 miles and then turn left onto Ocean Way Blvd for 0.2 miles. At the traffic circle take the second exit for Cinnamon Beach Way. Condo is in building 1200, unit is on the 4th floor.
  • Status: Sold
  • Co List Office Mls Id: MFR256500754
  • Co List Office Phone: 386-986-6744
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Flagler Beach
  • Escrow Postal Code: 32136
  • Escrow State: FL
  • Escrow Street Name: Moody Blvd suite A21
  • Escrow Street Number: 2561
  • Floor Number: 4
  • List Office Head Office Key Nume: 579203078
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 306.18
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 490
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 1
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 1200
  • Living Area Meters: 156.26
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Access: Beach,Pond
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Basement

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Fee: 510
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Phone: (386) 446-0085
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 1200
  • Condo Fees: 1008
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1008
  • Pet Size: Large (61-100 Lbs.)
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 16096.00
  • Total Monthly Fees: 1341.33
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 170.00

Lot Info

  • Zoning: RES
  • Parcel Number: 04-11-31-3513-00000-1142
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1213

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4974.84
  • Tax Block: 11
  • Tax Book Number: 2227/922
  • Tax Lot: 1142
  • Tax Other Annual Assessment Amount: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Aug 18, 2025
Sold by
Redemption Enterprises Llc
Bought by
Casalbore Yvette and Casalbore Patrick
Seller's Agent
P. Jordan Farrell
FLORIDA BEACHES REAL ESTATE
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$565,000
Sold Price
$515,000
Premium/Discount to List
-$50,000
-8.85%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$386,250
Outstanding Balance
$385,915
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$132,711

Purchase Details

Closed on
Aug 14, 2014
Sold by
Giles Richard H and Giles Suzanne E
Bought by
Redemption Entermprises Llc

Purchase Details

Closed on
Jan 5, 2005
Sold by
Centex Homes
Bought by
Giles Richard H and Giles Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 Olde Florida Title
Warranty Deed $270,000 Falger County Abdstartc Co
Condominium Deed $439,900 Commerce Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,250 New Conventional
Previous Owner $351,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Sold $515,000 -6.3% $306 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $549,900 -2.7% $327 / Sq Ft
03/31/2025 03/31/25 For Sale $565,000 +109.3% $336 / Sq Ft
08/15/2017 08/15/17 Sold $270,000 -17.4% $161 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
09/11/2015 09/11/15 For Sale $327,000 -- $194 / 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 $4,990 $461,001 -- $461,001
2023 $4,990 $269,474 $0 $0
2022 $4,342 $384,167 $0 $384,167
2021 $3,368 $222,705 $0 $222,705
2020 $3,259 $212,100 $0 $212,100
2019 $3,306 $212,100 $0 $212,100
2018 $3,234 $202,500 $0 $202,500
2017 $3,203 $199,000 $0 $0
2016 $3,263 $199,000 $0 $0
2015 $3,145 $189,900 $0 $0
2014 $3,130 $189,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC308558

Stellar MLS

APN: 04-11-31-3513-00000-1142