NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 241 Palm Coast, FL 32137

Estimated Value: $630,578 - $778,000

3 Beds
3 Baths
2,003 Sq Ft
$925/mo HOA Fee

Last Sold August 20, 2024

Last sale price $600,000 $300 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,130/month

143 Days on Market

Highlights

  • Beach Access
  • On Golf Course
  • Partial Gulf or Ocean Views
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of August 2024

* THIS PROPERTY IS BEING SOLD FULLY FURNISHED AND TURN-KEY READY, OFFERING AN OUTSTANDING OPPORTUNITY TO GENERATE FANTASTIC SHORT-TERM RENTAL INCOME FROM DAY ONE. *

Welcome to this ideal 3 bedroom, 3 bathroom condo nestled in the highly desirable Cinnamon Beach community of Ocean Hammock. Boasting an expansive 2,003 square feet, this residence is conveniently positioned just behind the par 3 8th hole on the renowned Jack Nicklaus Ocean Course, providing breathtaking views.

The main living space and kitchen showcase elegant tile flooring, while the kitchen itself is adorned with granite countertops and a cozy nook-style eat-in area. The unit's open and airy ambiance is further enhanced by an abundance of natural sunlight streaming in through a plethora of windows, including sliding glass doors that lead out to the spacious patio, offering ocean views. The primary bedroom, with lush carpet, exudes luxury with its spacious layout, large tub with surrounding tile, walk-in shower, dual vanity, and a water room for added privacy. With two additional bedrooms, one of which boasts its own ensuite bathroom, this residence effortlessly accommodates guests or family members in style and comfort.

Beyond the allure of the condo itself, residents gain access to an array of exceptional amenities. Take leisurely strolls along the pristine beachfront or unwind by the oceanfront heated pool, surrounded by the lush Florida landscape. Stay active with the fitness center, indulge in relaxation at the jacuzzi, and enjoy culinary delights at the on-site cafe & clubhouse. This community also offers various recreational activities for every lifestyle.

Seize the opportunity to make this remarkable slice of paradise your home in Cinnamon Beach. Embrace the luxury, tranquility, and natural beauty that this exceptional property provides. Don't miss out – contact us today to schedule your private viewing and embark on the coastal lifestyle you've always dreamed of. Your dream home awaits in Cinnamon Beach!

Last Agent to Sell the Property

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GROUP License #3109455 Listed on: 03/07/2024

COASTAL GATEWAY REAL ESTATE GROUP

Last Buyer's Agent

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,339

Year Built

  • Built in 2005

Lot Details

  • On Golf Course
  • Northeast Facing Home
  • Irrigation

HOA Fees

Property Views

  • Woods

Home Design

  • Entry on the 4th floor
  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Parking Garage Space

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, pest control, private road, recreational facilities, security, sewer, trash, water
  • $160 Other Monthly Fees
  • May Management Association
  • Mid-Rise Condominium
  • Ocean Hammock Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community
  • 6-Story Property

Amenities

  • Restaurant
  • Elevator

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,339

Year Built

Built in 2005

Lot Details

0

HOA Fees

$925 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2003
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2003
  • Lot Size Sq Ft: 13067
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Flagler Beach
  • Escrow State: FL
  • Escrow Street Name: N Oceanshore Blvd suite B
  • Floor Number: 4
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 299.55
  • Water Access YN: 1
  • Other Fees Amount: 480
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 6
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 186.08

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Fitness Center, Golf Carts OK, Golf, Pool, Restaurant
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course
  • Association Fee: 492
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 761
  • Condo Land Included YN: 0
  • Max Pet Weight: 999
  • Monthly Condo Fee Amount: 761
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 14520.00
  • Total Monthly Fees: 1210.00
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 164.00

Lot Info

  • Zoning: RESI
  • Parcel Number: 04-11-31-3513-00000-0241
  • Additional Parcels: No
  • Lot Features: On Golf Course, Paved, Private
  • Flood Zone Code: VE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 6338.53
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0
  • Tax Other Annual Assessment Amount: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Aug 20, 2024
Sold by
Woo Winston and Desouza Zelia
Bought by
Mitchell W Krohn Inter-Vivos Trust and Krohn
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GROUP
Buyer's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
List Price
$729,000
Sold Price
$600,000
Premium/Discount to List
-$129,000
-17.7%
Views
46
Current Estimated Value
$702,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,395
Avg. Annual Appreciation
14.16%

Purchase Details

Closed on
Apr 6, 2010
Sold by
Nicholas Dimitri
Bought by
Woo Winston and Desouza Zelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2005
Sold by
Centex Homes
Bought by
Scott Benjamin P and Nicholas Dimitri
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mitchell W Krohn Inter-Vivos Trust $600,000 Veterans Title
Woo Winston $180,000 Title Chain Inc
Woo Winston $180,000 Title Chain Inc
Scott Benjamin P $690,600 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woo Winston $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $600,000 -13.7% $300 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/06/2024 07/06/24 Price Changed $695,000 -2.0% $347 / Sq Ft
06/03/2024 06/03/24 Price Changed $709,000 -4.1% $354 / Sq Ft
03/07/2024 03/07/24 Price Changed $739,000 +1.4% $369 / Sq Ft
03/07/2024 03/07/24 For Sale $729,000 -- $364 / 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 $6,339 $548,100 -- $548,100
2023 $6,339 $368,445 $0 $0
2022 $5,543 $456,750 $0 $456,750
2021 $4,584 $304,500 $0 $304,500
2020 $4,434 $290,000 $0 $290,000
2019 $4,719 $304,400 $0 $304,400
2018 $4,616 $290,700 $0 $290,700
2017 $5,046 $315,700 $0 $0
2016 $5,147 $315,700 $0 $0
2015 $4,958 $301,200 $0 $0
2014 $4,927 $301,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlene Reardon

    Seller's Agent in 2024

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GROUP

    (386) 503-5897

    204 in this area

    219 Total Sales

    Carlene Reardon
    Section Image
  • Shelley DeVito

    Buyer's Agent in 2024

    Shelley DeVito

    HAMMOCK REAL ESTATE GROUP

    (904) 826-9462

    93 in this area

    108 Total Sales

    Shelley DeVito
    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC297987

Stellar MLS

APN: 04-11-31-3513-00000-0241

Florida Flagler County Palm Coast 32137

300 Cinnamon Beach Way Unit 241, 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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