NOT LISTED FOR SALE

Ocean Hammock 400 Cinnamon Beach Way Unit 365 Palm Coast, FL 32137

Estimated Value: $838,134 - $905,000

3 Beds
3 Baths
2,003 Sq Ft
$994/mo HOA Fee

Last Sold June 15, 2023

Last sale price $910,000 $454 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,291/month

62 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of June 2023

Serene oceanfront living in this recently updated corner unit penthouse with stunning views of the Atlantic Ocean and the Jack Nicklaus Signature Ocean Course. 3 bedrooms and 3 full baths allow for comfortable full or part-time living or would be an incredible vacation rental if desired. Rarely available, penthouse end-units include vaulted ceilings in every room and extended windows allowing tons of light. This top floor unit also promises a quiet relaxing space with added privacy due to its end building location. Uniquely positioned with water views from every room, take in the sights and sounds of the ocean waves and enjoy both sunrise and sunset views from the oversized balcony.

Expansive kitchen features newer Bosch and KitchenAid stainless appliances, breakfast area, pantry, granite counters and ample 42” solid wood cabinetry. High-end updates include 9” wide plank white oak wood flooring with water resistant coating, locally-made custom plantation shutters, new Carrier high efficiency variable speed heat pump (AC) with humidity control, coastal light fixtures, Minka Aire ceiling fans, touchless Moen kitchen faucet, water heater, and new disposal. Walls, trim and ceiling recently painted with Benjamin Moore zero VOC paint. Separate laundry room with full-sized LG washer. Garage parking with dedicated storage.

Amazing amenities include an adult oceanfront pool/spa, lakeside family-friendly pool with splash zone, clubhouse with game room and lounge, fitness center, business office and the Cinnamon Beach Grille, offering delicious food and cocktails. Cinnamon Beach at Ocean Hammock is such a unique oceanfront community on the East coast of Florida. Tucked away approximately 1 mile from A1A, the community features 24/7 guard gated security, gorgeously landscaped grounds, and miles of private dog-friendly beach - you will feel like you have arrived in paradise.

Last Agent to Sell the Property

Heather Swann

LOKATION License #3462337 Listed on: 03/08/2023

LOKATION

Last Buyer's Agent

MATTHEW FEENEY

COLDWELL BANKER (HAMMOCK) License #3123360

COLDWELL BANKER (HAMMOCK)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,151

Year Built

  • Built in 2005

Lot Details

  • South Facing Home
  • Landscaped with Trees

HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Parking Garage Space
  • Off-Street Parking

Property Views

Home Design

  • Coastal Architecture
  • Key West Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Open Floorplan
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Indoor Grill
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • No or Low VOC Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Split Vanities
  • Dual Sinks
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • In Wall Pest System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Moisture Control
  • Air Filters MERV Rating 10+
  • Integrated Pest Management

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Heat Pump System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • May Management/Claudine Polsenberg Association, Phone Number (386) 446-0085
  • Visit Association Website
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community
  • Community Lake
  • 6-Story Property

Amenities

  • Restaurant
  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa
  • Trails

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,151

Year Built

Built in 2005

Lot Details

0

HOA Fees

$994 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Coastal, Key West
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2003
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2318
  • Lot Size Sq Ft: 13049
  • Directions to Property: Hammock Dunes Pkwy. to right on Hotel Trace Blvd. Stop at guard gate for access. Left on Ocean Way Blvd. Take roundabout to Cinnamon Beach Way. The 400 building will be on your left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 6
  • List Office Head Office Key Nume: 1057186
  • Minimum Lease: 1-7 Days
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 454.32
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,End Unit,Penthouse
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Indoor Grill, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Shutters
  • Street Number Modifier: 400
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 186.08
  • Room Count: 9

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Lighting, Private Mailbox, Sidewalk, Sliding Doors, Storage
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: ATLANTIC OCEAN
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full,Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0131E

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered, Guest, Off Street, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Lake, Pool, Restaurant, Sidewalks, Special Community Restrictions, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Trail(s)
  • Association Fee: 685
  • Association Fee Frequency: Monthly
  • Association Name: May Management/Claudine Polsenberg
  • Phone: (386)446-0085
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 475
  • Association #2 Fee Frequency: Quarterly
  • Association: Ocean Hammock
  • Association Phone #2: (386)246-4071
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Pet Restrictions: See docs
  • Association Fee Requirement: Required
  • Building Name Number: 400
  • Condo Fees: 452
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Cpolsenberg@maymgt.com
  • Monthly Condo Fee Amount: 151
  • Association URL: www.maymgt.com
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 11928.00
  • Total Monthly Fees: 994.00
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 685.00

Schools

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

Lot Info

  • Zoning: RESI
  • Parcel Number: 04-11-31-3513-00000-0365
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 1212

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Water Heater
  • Green Indoor Air Qlty: Air Filters MERV 10+, Integrated Pest Management, Moisture Control, No/Low VOC Flooring, No/Low VOC Paint/Finish
  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 7151
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0
  • Tax Other Annual Assessment Amount: 37

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Jun 15, 2023
Sold by
Swann Stephanie N
Bought by
Feeney Timothy Matthew and Feeney Catherine A
Seller's Agent
Heather Swann
LOKATION
Buyer's Agent
MATTHEW FEENEY
COLDWELL BANKER (HAMMOCK)
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%
Views
136
Current Estimated Value
$843,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,135
Avg. Annual Appreciation
-2.49%
Original Mortgage
$637,000
Outstanding Balance
$624,290
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$237,445

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 21, 2021
Sold by
Terek Patricia A
Bought by
Swann Stephanie N
Seller's Agent
Elena Tchoumakova
APEX REALTY LLC
Buyer's Agent
Heather Swann
LoKation
List Price
$600,625
Sold Price
$600,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Centex Homes
Bought by
Terek Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.72%
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
Feeney Timothy Matthew $910,000 Title Chain
Swann Stephanie N $600,700 Executive Title I Inc
Terek Patricia A $896,400 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feeney Timothy Matthew $637,000
Previous Owner Terek Patricia A $269,000
Previous Owner Terek Patricia A $320,353
Previous Owner Terek Patricia A $359,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $910,000 -0.5% $454 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $915,000 -1.1% $457 / Sq Ft
03/08/2023 03/08/23 For Sale $925,000 +54.0% $462 / Sq Ft
06/21/2021 06/21/21 Sold $600,625 0.0% $300 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $600,625 -- $300 / 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 $8,121 $592,020 -- $592,020
2023 $8,121 $542,685 $0 $0
2022 $7,151 $493,350 $0 $493,350
2021 $4,946 $328,900 $0 $328,900
2020 $5,021 $328,900 $0 $328,900
2019 $5,094 $328,900 $0 $328,900
2018 $4,978 $313,800 $0 $313,800
2017 $5,449 $341,200 $0 $0
2016 $5,559 $341,200 $0 $0
2015 $5,349 $325,200 $0 $0
2014 $5,308 $325,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC289472

Stellar MLS

APN: 04-11-31-3513-00000-0365