$795,000
$54K PRICE DROP

Ocean Hammock 300 Cinnamon Beach Way Unit 263 Palm Coast, FL 32137

Estimated payment $6,038/month

Total Views 4,919
3 Beds
2 Baths
1,344 Sq Ft
$592 Price per Sq Ft

Highlights

  • Beach Access
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Full Gulf or Ocean Views
  • Open Floorplan

About This Home

Spectacular Ocean views from this Penthouse condo in the lovely Cinnamon Beach community with short term rental opportunity! Boasting vaulted ceilings that amplify the sense of space and natural light, this 3-bedroom, 2-bathroom retreat offers a harmonious blend of comfort and elegance. The private balcony provides sweeping views of the meticulously maintained golf course, with the serene ocean shimmering in sight—perfect for enjoying your morning coffee and ocean breezes. Inside, the open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting space for relaxation and entertainment. The primary suite showcases a picturesque window and private bathroom with soaking tub and separate shower. On the other end of the condo, you will find the 2 other bedrooms and additional bathroom for guests. Not only are you steps for the beach, just a short stroll and you will be enjoying the Cinnamon Beach amenities including: the show-stopping oceanfront pool, spa, lakeside family-friendly pool with a kid’s splash pad, Clubhouse with game room & lounge, fitness room, business room, seasonal grille, and more! Whether you're seeking a tranquil getaway, investment property (short term rentals allowed) or luxurious full-time residence, this condo promises an unparalleled lifestyle amidst Florida's breathtaking coastal scenery.

Listing Agent

Shelley DeVito

HAMMOCK REAL ESTATE GROUP Brokerage Phone: 386-246-9934 License #3400208 Listed on: 03/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 2005

Lot Details

  • North Facing Home

HOA Fees

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, maintenance structure, ground maintenance, private road, recreational facilities, trash
  • May Management Association
  • Cinnamon Beach Condos
  • Cinnamon Beach Subdivision
  • The community has rules related to allowable golf cart usage in the community, vehicle restrictions
  • 6-Story Property

Amenities

  • Restaurant

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,993

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,341 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Structure, Maintenance Grounds, Private Road, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1344
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1344
  • Lot Size Sq Ft: 13067
  • Directions to Property: Heading North on Hammock Dunes Parkway, turn Right on Osprey Way through Guarded Gate, Turn Left at Stop Sign onto Ocean Way N. Take round about towards Cinnamon Beach Way, Building 300 will be on your Left. Condo is on the top 6th Floor.
  • Status: Active
  • Ownership: Fee Simple
  • Entry Level: 6
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 6
  • List Office Head Office Key Nume: 579203043
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 591.52
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Waterfront
  • Attribution Contact: 386-246-9934
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 6
  • Street Number Modifier: 300
  • Living Area Meters: 124.86
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0131E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated Community - Guard, Golf Carts OK, Pool, Restaurant, Sidewalks
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Recreation Facilities, Vehicle Restrictions
  • Association Fee: 490
  • Association Fee Frequency: Quarterly
  • Association Name: MAY Management
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 510
  • Association #2 Fee Frequency: Quarterly
  • Association: MAY Management
  • Association Phone #2: 386-446-0085
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: CINNAMON BEACH
  • Pet Restrictions: See HOA Docs for details
  • Association Fee Requirement: Required
  • Building Name Number: 300
  • Condo Fees: 1008
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1008
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 16096.00
  • Total Monthly Fees: 1341.33
  • Monthly HOA Amount: 163.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0263
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 1214

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Short term rentals allowed. See HOA docs for details.

Tax Info

  • Tax Annual Amount: 5993
  • Tax Block: 00000
  • Tax Book Number: 1360
  • Tax Lot: 0263
  • Tax Other Annual Assessment Amount: 110

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,752 $496,501 -- $496,501
2023 $5,752 $333,759 $0 $0
2022 $5,025 $413,751 $0 $413,751
2021 $4,158 $275,834 $0 $275,834
2020 $4,099 $267,800 $0 $267,800
2019 $4,158 $267,800 $0 $267,800
2018 $4,063 $255,400 $0 $255,400
2017 $3,673 $228,800 $0 $0
2016 $3,744 $228,800 $0 $0
2015 $3,604 $218,100 $0 $0
2014 $3,580 $218,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2025 09/20/25 Price Changed $795,000 -6.4% $592 / Sq Ft
03/25/2025 03/25/25 For Sale $849,000 +145.0% $632 / Sq Ft
07/03/2017 07/03/17 Sold $346,500 -6.1% $258 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $369,000 -- $275 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $346,500 Truly Yours Title Llc
Warranty Deed $375,000 Dunes Title Services Llc
Condominium Deed $585,200 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,500 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $468,100 Fannie Mae Freddie Mac
Source: Public Records

Source: Stellar MLS

MLS Number: FC308303

Stellar MLS

APN: 04-11-31-3513-00000-0263