NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 234 Palm Coast, FL 32137

Estimated Value: $587,975 - $718,000

3 Beds
2 Baths
1,682 Sq Ft
$670/mo HOA Fee

Last Sold October 25, 2021

Last sale price $565,000 $336 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,621/month

60 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Golf Course View
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of October 2021

Amazing ocean and golf views in Cinnamon Beach at Ocean Hammock. Literally, steps from the ocean, this designer furnished condo features 42 inch cabinets, granite counters, crown molding, and soaker tub. Immaculately maintained, including new carpeting (2020) and water heater (2019). Access the large patio from both the master bedroom and living room. Cinnamon Beach offers fantastic ocean front, family and splash pools, as well as a game room, seasonal grill, fitness center and rec room. The community is well stewarded (new roofs in 2020) and well maintained. Palm Coast has frequently been listed as a ten-best retirement community. Sold with designer furnishings. Highly desirable as a short-term vacation rental. New owner has option to continue in rental program; current manager already has $25,000 in bookings from August 2021 - March 2022.

Last Agent to Sell the Property

Reciprocal FCAR

License #970002565 Listed on: 07/27/2021

Last Buyer's Agent

DJ DellaSala

DJ & LINDSEY REAL ESTATE License #3169117

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,247

Year Built

  • Built in 2005

Lot Details

  • 1,742

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Entry on the 3rd floor
  • Tile Roof
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Storage Room
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0234
  • $76 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-Hour Guard, insurance, ground maintenance, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (904) 461-9708
  • Built by Centex
  • 'B' Unit
  • Property managed by May Management

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,247

Year Built

Built in 2005

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Insurance, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Concrete
  • Living Area: 1682
  • Lot Size Acres: 0.04
  • Year Built: 2005
  • Lot Size Sq Ft: 1682
  • Directions to Property: I4 to Palm Coast Parkway (east) to Hotel Trace Blvd (stop at security guard) to Cinnamon Beach Way
  • Status: Sold
  • Escrow Street Name: 1110 Douglas Ave. #3000 Altamonte Springs FL 32714
  • Floor Number: 3
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 335.91
  • Total Acreage: 0 to less than 1/4
  • Planned Unit Development Yn: 1
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 1
  • Window Features: Blinds, Double Pane Windows
  • Street Number Modifier: 300
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 156.26
  • Room Count: 8

Exterior Features

  • Exterior Features: Balcony
  • Roof: Built-Up, Tile
  • View: Golf Course
  • Road Surface Type: Concrete, Paved
  • Water View YN: 1
  • Price Per Acre: 14125000

Garage/Parking

  • Parking Features: Other, Under Building

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 517
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Association #2 Fee: 460
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 904-461-9708
  • Association 2 YN: 1
  • Pet Restrictions: No Aggressive Breeds; Pet Restrictions-See Remarks
  • Management: Professional On Site
  • Property Manager: May Management
  • Property Manager Phone: 904-461-9708

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0234
  • Lot Features: Interior Lot
  • Homestead YN: 0
  • Lot Size Square Meters: 156

Building Info

  • Builder Name: Centex

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4247
  • Tax Other Annual Assessment Amount: 76

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 25, 2021
Sold by
Nusynowitz Russell and Nusynowitz Linda
Bought by
Doyle Kevin
Seller's Agent
Reciprocal FCAR
Buyer's Agent
DJ DellaSala
DJ & LINDSEY REAL ESTATE
List Price
$629,000
Sold Price
$565,000
Premium/Discount to List
-$64,000
-10.17%
Current Estimated Value
$664,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,744
Avg. Annual Appreciation
4.14%
Original Mortgage
$536,750
Outstanding Balance
$490,527
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$174,217

Purchase Details

Closed on
Oct 4, 2005
Sold by
Centex Homes
Bought by
Nusynowitz Russell and Nusynowitz Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,100
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Doyle Kevin $565,000 Attorney
Nusynowitz Russell $549,400 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Kevin $536,750
Previous Owner Nusynowitz Russell $494,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Off Market $565,000 -- --
10/25/2021 10/25/21 Sold $565,000 -10.2% $336 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $629,000 -- $374 / 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 $5,652 $441,759 -- --
2023 $5,652 $428,892 $0 $0
2022 $5,460 $416,400 $0 $416,400
2021 $4,184 $277,600 $0 $277,600
2020 $4,247 $277,600 $0 $277,600
2019 $4,308 $277,600 $0 $277,600
2018 $4,210 $264,800 $0 $264,800
2017 $4,169 $260,200 $0 $0
2016 $4,251 $260,200 $0 $0
2015 $4,092 $248,000 $0 $0
2014 $4,071 $248,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Reciprocal FCAR

  • DJ DellaSala

    Buyer's Agent in 2021

    DJ DellaSala

    DJ & LINDSEY REAL ESTATE

    (904) 643-6397

    1,110 in this area

    8,840 Total Sales

    DJ DellaSala
    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC269746

Stellar MLS

APN: 04-11-31-3513-00000-0234

Florida Flagler County Palm Coast 32137

300 Cinnamon Beach Way Unit 234, Palm Coast, FL

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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