NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 264 Palm Coast, FL 32137

Estimated Value: $670,000 - $786,000

3 Beds
2 Baths
1,682 Sq Ft
$925/mo HOA Fee

Last Sold June 17, 2024

Last sale price $749,000 $445 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,262/month

71 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 June 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 your dream retreat at Cinnamon Beach in this stunning top-floor condo boasting three bedrooms, two bathrooms, and 1,682 square feet of impeccable living space. Nestled behind the picturesque Par 3 8th hole on the legendary Jack Nicklaus Ocean Course of Hammock Beach, this residence offers more than just a home—it offers a lifestyle of elegance and leisure.

As you step inside, be prepared to be captivated by the breathtaking views of the golf course and the sparkling ocean beyond. The soaring high ceilings create an airy and spacious ambiance, complemented by luxury vinyl plank flooring that runs seamlessly throughout the main living areas, while plush carpeting pampers your feet in the bedrooms, and tile floors add a touch of sophistication to the kitchen and bathrooms.

The kitchen, adorned with granite countertops and outfitted with stainless steel appliances make every culinary endeavor a joyous experience. Imagine sipping your morning coffee or enjoying an evening cocktail on the covered balcony, accessible through slider doors from both the living room and primary bedroom, where the tranquil sounds of nature and the sight of the ocean waves provide the perfect backdrop for relaxation.

The primary bedroom is a sanctuary in itself, featuring a walk-in tile shower, a separate bathtub for indulgent soaks, and a dual vanity for added convenience. Two spacious guest bedrooms located at opposite ends of the entry hallway offer privacy and comfort, along with access to a full bathroom. Whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity, this top-floor condo at Cinnamon Beach promises a lifestyle of serenity and endless enjoyment.

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: 03/22/2024

COASTAL GATEWAY REAL ESTATE GROUP

Last Buyer's Agent

Jeremie Purdy

RE/MAX SELECT PROFESSIONALS License #3338607

RE/MAX SELECT PROFESSIONALS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,682

Year Built

  • Built in 2005

Lot Details

  • On Golf Course
  • Northeast Facing Home
  • Irrigation

HOA Fees

Property Views

  • Woods

Home Design

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

Interior Spaces

  • 1,682 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • 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
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,682

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: 1682
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1682
  • Lot Size Sq Ft: 13067
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Palm Coast
  • Escrow State: FL
  • Escrow Street Name: N Oceanshore Blvd suite B
  • Floor Number: 6
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 445.30
  • Water Access YN: 1
  • Other Fees Amount: 480
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_BedroomClosetType: Walk-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
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 156.26

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
  • 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 Closet
  • 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
  • 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: 04-11-31-3513-00000-0264
  • 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

Tax Info

  • Tax Annual Amount: 6682.18
  • 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 22, 2024
Closed on
Jun 17, 2024
Sold by
Murphy Wilda and Cruz Eric
Bought by
King Michael L and King Teresa B
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GROUP
Buyer's Agent
Jeremie Purdy
RE/MAX SELECT PROFESSIONALS
List Price
$749,000
Sold Price
$749,000
Views
221
Current Estimated Value
$722,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,915
Avg. Annual Appreciation
-2.62%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Rhicard Terry B and Rhicard Janice M
Bought by
Murphy Wilda and Cruz Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Centex Homes
Bought by
Rhicard Terry B and Rhicard Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,880
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
King Michael L $749,000 Veterans Title
King Michael L $749,000 Veterans Title
Murphy Wilda $280,000 Attorney
Rhicard Terry B $697,400 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Wilda $196,000
Previous Owner Rhicard Terry B $557,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $749,000 0.0% $445 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $749,000 -- $445 / 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 $6,682 $578,340 -- $578,340
2023 $6,682 $388,773 $0 $0
2022 $5,847 $481,950 $0 $481,950
2021 $4,833 $321,300 $0 $321,300
2020 $4,675 $306,000 $0 $306,000
2019 $4,743 $306,000 $0 $306,000
2018 $4,635 $291,900 $0 $291,900
2017 $4,590 $286,800 $0 $0
2016 $4,681 $286,800 $0 $0
2015 $4,505 $273,400 $0 $0
2014 $4,476 $273,400 $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
  • Jeremie Purdy

    Buyer's Agent in 2024

    Jeremie Purdy

    RE/MAX

    (386) 283-0741

    27 in this area

    50 Total Sales

    Jeremie Purdy
    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC299256

Stellar MLS

APN: 04-11-31-3513-00000-0264

Florida Flagler County Palm Coast 32137

300 Cinnamon Beach Way Unit 264, 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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