NOT LISTED FOR SALE

24 Cinnamon Beach Place Palm Coast, FL 32137

Estimated Value: $266,247 - $1,159,000

0.15 Acre
$4,750,827 Price per Acre
6,333 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $200,000

Est. 256% increase in value since last sale

Current estimated payment $4,354/month

106 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Sauna

About This Lot

As of May 2021

This beautiful lake front lot is situated just steps from the ocean. Enjoy the ocean breezes and the unspoiled beaches of Cinnamon Beach's key west style community. Choose your own builder and start living the Florida lifestyle for either vacationing, full time living or short term rental. Cinnamon Beach offers a clubhouse with pools, fitness center, game room and cafe.

Last Agent to Sell the Property

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455 Listed on: 12/09/2020

Co-Listed By

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497

Last Buyer's Agent

Reciprocal FCAR

License #970002565

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,460

Lot Details

  • 6,333 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Cleared Lot
  • Property is zoned PUD PUD

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-1050

Community Details

Overview

  • Property has a Home Owners Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Trails
  • Water Access

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,460

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6333
  • Directions to Property: Hammock Dunes Parkway to Hotel Trace. Left into Cinnamon Beach.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.88889
  • Price per Sq Ft: 31.58
  • Close to Original List Price Ratio: 0.88889
  • View: No
  • Co List Office Mls Id: 256500367
  • Co List Office Phone: 386-447-6889
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 24

Exterior Features

  • Direction Faces: South
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access Y N: Yes
  • Waterfront Frontage: 50

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Underground Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Recreation Facilities, Sauna, Security, Trail(s)
  • Association Fee: 955
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 04-11-31-3512-00010-1050
  • Current Use: Other
  • Lot Features: Cleared, Other
  • Price Per Acre: 1333333

Tax Info

  • Tax Annual Amount: 2460.36

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Radcliff Michael S and Radcliff Roslyn Jennifer
Bought by
Radcliff Michael S and Radcliff Jennifer Roslyn
Total Days on Market
106
Current Estimated Value
$712,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,800
Outstanding Balance
$1,023,109
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
-$310,485

Purchase Details

Listed on
Dec 9, 2020
Closed on
May 14, 2021
Sold by
Liapunov Nicholas and Liapunov Kristin
Bought by
Radcliff Michael S and Radcliff Jennfier Rosyln
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Reciprocal FCAR
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.64%
Original Mortgage
$150,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Smart June G and King Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,711
Interest Rate
6.07%
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
Radcliff Michael S -- Americas Choice Title
Radcliff Michael S $200,000 Americas Choice Title Co
Smart June G $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radcliff Michael S $1,064,800
Previous Owner Radcliff Michael S $150,000
Previous Owner Smart June G $241,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $200,000 -11.1% --
03/25/2021 03/25/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $225,000 -- --
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 $4,429 $342,000 $342,000 --
2023 $4,429 $286,000 $0 $0
2022 $3,787 $260,000 $260,000 $0
2021 $2,570 $215,000 $215,000 $0
2020 $2,563 $226,000 $226,000 $0
2019 $2,221 $180,000 $180,000 $0
2018 $2,148 $175,000 $175,000 $0
2017 $2,090 $175,000 $175,000 $0
2016 $2,060 $86,249 $0 $0
2015 $1,848 $78,408 $0 $0
2014 $1,828 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC263254

Stellar MLS

APN: 04-11-31-3512-00010-1050