NOT LISTED FOR SALE

Ocean Hammock 400 Cinnamon Beach Way Unit 355 Palm Coast, FL 32137

Estimated Value: $815,794 - $891,000

3 Beds
3 Baths
2,003 Sq Ft
$386/mo HOA Fee

Last Sold July 17, 2023

Last sale price $875,000 $437 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,604/month

19 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Security Service
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of July 2023

Light and bright coastal condo just steps from the ocean in Cinnamon Beach at Ocean Hammock! This 5th floor, 3 bedroom/3 bath end unit at just over 2,000 square feet is filled with natural light and upgrades galore. Custom built-ins greet you as you enter the foyer - the perfect spot for all of your beach-going necessities, shoes, sports equipment and more. As you turn left into the main area, the sweeping ocean and golf views greet you immediately. The kitchen has been updated with professionally refinished cabinetry, high-end porcelain countertops with low bar area, touchless faucet and stainless sink, glass tile backsplash, shiplap accents, new lighting including under counter lighting, and new stainless-steel appliances. The breakfast nook is great for your extra guests, puzzles, games or cards, or even working while you're overlooking the ocean. The main dining area is spacious and includes a custom lighted built-in dry bar with storage, including a charging station outlet and beverage/wine fridge for that extra drink storage. The living area provides ample seating, with a sectional, chair, 2 ottomans, a storage coffee table and storage side table. A welcome addition is yet another built-in providing even more storage and will hold a 65-inch TV. A 9-foot slider opens onto the expansive balcony with plenty of space for dining, lounging, taking in ocean views, or watching the golfers tackle the 8th hole of the Ocean Course. The king-sized Owner's Suite is equipped with a desk facing the ocean - perfect for working with a view! The Owner's Bath boasts separate vanities, a large soaking tub and separate shower, and access to the keyed owner's closet. Two additional bedrooms include a queen bedroom with ensuite bath and a bedroom with double twin beds (with lake view) with access to the third hall bathroom. Finally, you will have a full laundry room with added cabinetry and cubby storage. Other upgrades made by owners include LVP flooring in all bedrooms (no carpet), all new vanity lighting in bathrooms, professionally refinished bathroom cabinetry in all baths, wooden shelving with wooden rods in all bedrooms and hall linen closet, all new lighting and ceiling fans throughout, loads of new furniture, large louvered plantation shutters throughout, 3 new comfort height toilets, new HVAC summer 2022, new water heater summer 2021. This home is fully furnished, tastefully decorated, and ready for you OR ready to use as a short-term rental investment in the desired 400 building. Cinnamon Beach offers beautiful, dog-friendly beaches with easy boardwalk access, a lakeside family pool with water play park and the seasonal Cinnamon Beach Grill, and a "quiet" oceanside pool with cabanas and easy beach access. Social and golf memberships are available for purchase at the nearby Hammock Beach Resort. Don't miss out on this opportunity to live in paradise in the Hammock! Listing agent is related to owner.

Last Agent to Sell the Property

KIMBERLY ROBERTSON

SLATE REAL ESTATE License #3488418 Listed on: 06/08/2023

Last Buyer's Agent

NON MLS

NON MLS (realMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,972

Year Built

  • Built in 2005

Lot Details

  • 0.3

HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Old Kings Elementary School
  • Indian Trails Middle School
  • Matanzas High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000355

Community Details

Overview

  • Association fees include insurance, ground maintenance, pest control, security, sewer, trash, water
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • On-Site Maintenance

Amenities

Recreation

  • Community Beach Access
  • Jogging Path

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,972

Year Built

Built in 2005

Lot Details

0

HOA Fees

$386 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Entry Level: 5
  • Efficiency: Appliances
  • General Property Information Living Area2: 2003.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Smoke Detector(s): Yes
  • General Property Information Association Phone: 386-446-0085
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Interior Features Breakfast Nook: Yes
  • Flooring Vinyl: Yes
  • General Property Information Stories Total: 6
  • General Property Information Entry Level2: 5.0
  • ViewOcean: Yes
  • Roof:Tile2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Eat-in Kitchen, Elevator, Entrance Foyer, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Living Area: 2003.0
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Tile
  • Lot Features: Other
  • Pool Features: None
  • View: Golf Course, Ocean
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Porch, Screened
  • Exterior Features:Balcony: Yes
  • Construction Materials:Frame: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Other, Covered, Guest, Underground
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Covered: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other10: Yes

Utilities

  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: 24 Hour Security, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 475.0
  • Association Fee Frequency: Quarterly
  • Amenities: Beach Access, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Management - Full Time, Management- On Site, Security, Trash
  • Association #2 Fee: 685.0
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 475.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: May Management
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • General Property Information:Association Fee 2: 685.0
  • Association Amenities:Security: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Beach Access: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water

Schools

  • Elementary School: Old Kings
  • High School: Matanzas
  • Middle Or Junior School: Indian Trails

Lot Info

  • Current Use: Multi-Family, Residential
  • Parcel #: 0411313513000000355
  • Zoning Description: Condominium

Green Features

  • Green Energy Efficient:Appliances: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 11, 2023
Sold by
Robertson Trust
Bought by
Malone Christopher and Malone Patricia Karen
Seller's Agent
KIMBERLY ROBERTSON
SLATE REAL ESTATE
Buyer's Agent
NON MLS
NON MLS (realMLS)
List Price
$899,900
Sold Price
$875,000
Premium/Discount to List
-$24,900
-2.77%
Views
15
Current Estimated Value
$831,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,142
Avg. Annual Appreciation
-1.23%
Original Mortgage
$325,000
Outstanding Balance
$318,711
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$534,238

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 20, 2021
Sold by
Krodel Gregory D and Krodel Jennifer S
Bought by
Robertson Neal Allen and Robertson Patricia Rambow
Seller's Agent
Traci Yeager
Realty Executives Oceanside
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$570,000
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.95%

Purchase Details

Closed on
Dec 15, 2012
Sold by
Leatherman Robert K
Bought by
Krodel Gregory D and Krodel Jennifer S

Purchase Details

Closed on
Aug 26, 2011
Sold by
Giobbe Michael and Pikitch Susan
Bought by
Leatherman Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,200
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Centex Homes
Bought by
Giobbe Michael and Pikitch Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Interest Rate
5.62%
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
Malone Christopher $875,000 Covenant Closing & Title Servi
Robertson Neal Allen $570,000 Covenant Closing & Ttl Svcs
Krodel Gregory D $425,000 Covenant Closing & Title Ser
Leatherman Robert K $366,000 Pioneer Title Services Llc
Giobbe Michael $787,700 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Christopher $325,000
Previous Owner Leatherman Robert K $256,200
Previous Owner Giobbe Michael $581,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $875,000 -2.8% $437 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $899,900 +57.9% $449 / Sq Ft
05/20/2021 05/20/21 Sold $570,000 0.0% $285 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $570,000 -- $285 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $7,972 $581,040 -- $581,040
2023 $7,972 $532,620 $0 $0
2022 $7,019 $484,200 $0 $484,200
2021 $4,856 $322,800 $0 $322,800
2020 $4,929 $322,800 $0 $322,800
2019 $5,000 $322,800 $0 $322,800
2018 $4,883 $307,700 $0 $307,700
2017 $5,352 $335,100 $0 $0
2016 $5,460 $335,100 $0 $0
2015 $5,250 $319,100 $0 $0
2014 $5,212 $319,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1230013

realMLS (Northeast Florida Multiple Listing Service)

APN: 04-11-31-3513-00000-0355