$775,000
$140K PRICE DROP

Ocean Hammock 400 Cinnamon Beach Way Unit 321 Palm Coast, FL 32137

Estimated payment $6,006/month

Total Views 28,125
3 Beds
3 Baths
2,003 Sq Ft
$387 Price per Sq Ft

About This Home

Imagine starting each day to the sound of waves and the glow of sunrises over the Atlantic. Welcome to Cinnamon Beach at Ocean Hammock, where coastal elegance and modern design come together in this beautifully styled second-floor home with panoramic views of the ocean and the Hammock Beach Golf Course. Step inside to discover a space thoughtfully curated with trend-forward finishes and timeless appeal. The kitchen is both stylish and functional, featuring quartz countertops and backsplash, pot drawers, a wine cooler, and custom lighted display cabinetry—perfect for everything from morning coffee to evening entertaining. Throughout the home, sleek flooring, motorized custom shades, and designer draperies add comfort and effortless sophistication. Maintenance-free living means more time to relax and explore. Your HOA covers water, sewer, exterior pest control, building insurance, cable TV, high-speed internet, and general upkeep—making coastal living refreshingly simple. Resort-style amenities elevate your everyday: enjoy a beachfront pool and hot tub, a lakeside recreation complex with a second pool, fitness center, grille & bar, kids’ room, and a welcoming community lounge. Whether you're looking for a full-time residence, a beachside getaway, or a smart investment for short-term rental income, this home offers the ideal blend of location, design, and lifestyle. Plus, take advantage of a $4,795 lender credit toward closing costs or an interest rate buy-down when using our preferred lender. Live where others vacation—schedule your private tour today and make Cinnamon Beach your coastal escape.

Last Listed By

James (Jim) Sheehan

Better Homes and Gardens Real Estate | Synergy Listed on: 01/31/2025

Better Homes and Gardens Real Estate | Synergy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $110

Year Built

  • Built in 2005

HOA Fees

  • $1,668 Monthly HOA Fees

Interior Spaces

  • 2,003 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 04-11-31-3513-00000-0321

Property Details

Home Type

Condominium

Est. Annual Taxes

$110

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,668 per month

Listing Details

  • Community Development District: Yes
  • Additional Marketing: Yes
  • Association Maintenance Fee: 1668
  • Class: Residential
  • Hoa Term: Monthly
  • HOA: Yes
  • Homestead Exemption Yn: Yes
  • Legal Description: CINNAMON BEACH AT OCEAN HAMMOCK PHASE 3 BLDG 3 UNIT 321 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1338 PG 1267 OR 1338 PG 1272
  • Listing Price Sq Ft: 386.92
  • Lvt Date: 02/03/2025
  • Type Of Property: Condo
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3
  • Bedrooms: 3
  • Entry Level: 2nd Story
  • Living Sq Ft: 2003
  • Master Bedroom: On Level: 2
  • Price Per Sq Ft: 386.92

Exterior Features

  • Stories: 4

Lot Info

  • Acres: 0.3
  • Lot Size: 13051
  • Zoning: PUD
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 04-11-31-3513-00000-0321
  • Taxes: 110
  • Tax Year: 2024

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 $6,102 $527,310 -- $527,310
2023 $6,102 $354,470 $0 $0
2022 $5,334 $439,425 $0 $439,425
2021 $4,412 $292,950 $0 $292,950
2020 $4,268 $279,000 $0 $279,000
2019 $4,550 $293,400 $0 $293,400
2018 $4,444 $279,700 $0 $279,700
2017 $4,872 $304,700 $0 $0
2016 $4,970 $304,700 $0 $0
2015 $4,779 $290,200 $0 $0
2014 $4,745 $290,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 Price Changed $799,000 -3.2% $399 / Sq Ft
04/25/2025 04/25/25 Price Changed $825,000 -5.7% $412 / Sq Ft
03/26/2025 03/26/25 Price Changed $875,000 -2.7% $437 / Sq Ft
03/12/2025 03/12/25 Price Changed $899,000 -1.7% $449 / Sq Ft
01/31/2025 01/31/25 For Sale $915,000 +10.9% $457 / Sq Ft
12/17/2023 12/17/23 Off Market $825,000 -- --
07/06/2023 07/06/23 Sold $825,000 0.0% $412 / Sq Ft
07/06/2023 07/06/23 Sold $825,000 +6.5% $412 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/12/2023 05/12/23 Pending -- -- --
08/17/2022 08/17/22 For Sale $775,000 +3.3% $387 / Sq Ft
07/14/2022 07/14/22 For Sale $750,000 -- $374 / Sq Ft
Source: St. Augustine and St. Johns County Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 None Listed On Document
Warranty Deed $721,000 --
Condominium Deed $682,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,000 New Conventional
Previous Owner $98,000 No Value Available
Previous Owner $182,400 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $576,000 Fannie Mae Freddie Mac
Source: Public Records

About the Listing Agent

James (Jim) Sheehan

Better Homes and Gardens Real Estate | Synergy

(386) 280-5212

Section Image

Raised in a small rural Michigan town, Jim Sheehan is a person of principal and possesses a customer first mentality. He graduated from Northwood University, with a dual bachelors in Marketing Management and Business Administration. Beginning his career & working for the largest corporation in the world, Jim quickly moved to the city and progressively started to climb the corporate ladder for the Walmart Corporation. It was then, he began to mesh his small town values/ethics with the leadership

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Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 250667

St. Augustine and St. Johns County Board of REALTORS®

APN: 04-11-31-3513-00000-0321