5 Cinnamon Beach Way Palm Coast, FL 32137
Estimated payment $2,421/month
Highlights
- Lake Front
- Beach Access
- Gated Community
- Old Kings Elementary School Rated A-
- Fitness Center
- Clubhouse
About This Lot
This is the one you’ve been waiting for- seize the opportunity to build your dream home on one of the only corner lots in all of Cinnamon Beach at Ocean Hammock! Over 180 feet deep at its deepest point, this oversized home site is one of the largest in the community, and offers a world of possibilities for your creative home design. Featuring water views in practically every direction, your new home will be an oasis unlike any other in the neighborhood. Take advantage of not having a neighbor to the East, West or South, inviting a floor plan with lots of windows and ample natural light. Kick your feet up on your rear balcony and watch the golfers at play on the famous Jack Nicklaus Signature Ocean Course. Just 400 yards to the sand! Enjoy morning walks on the beach and quiet nights under the stars. No timeline to build. HOA handles all the lot maintenance, including mowing, irrigation and landscaping. Your days of yard work are over! Short walk to the fantastic Cinnamon Beach community amenities, including oceanfront pool and hot tub complex, lakeside pool with kids’ water park, clubhouse lounge, game room, fitness center and more. Scenic gated community with amazing short-term rental opportunities, if desired. Don’t delay!
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,403
Lot Details
- 8,973 Sq Ft Lot
- 80 Ft Wide Lot
- Lake Front
- Property fronts a private road
- West Facing Home
- Corner Lot
- Property is zoned PUD
HOA Fees
Property Views
- Lake
- Golf Course
Utilities
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 04-11-31-3512-00010-0010
- Tax Block 00010
- $110 per year additional tax assessments
Community Details
Overview
- Association fees include 24-Hour Guard, pool, ground maintenance, security
- $163 Other Monthly Fees
- May Management Association, Phone Number (386) 446-0085
- Cinnamon Beach Condos
- Ocean Hammock Subdivision
- The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community
Amenities
- Clubhouse
Recreation
- Recreation Facilities
- Fitness Center
- Community Pool
- Community Spa
- Beach Access
Security
- Security Guard
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,088 | $244,000 | $244,000 | -- |
| 2023 | $3,088 | $205,700 | $0 | $0 |
| 2022 | $2,734 | $187,000 | $187,000 | $0 |
| 2021 | $1,642 | $106,500 | $106,500 | $0 |
| 2020 | $1,666 | $106,500 | $106,500 | $0 |
| 2019 | $1,797 | $113,500 | $113,500 | $0 |
| 2018 | $1,784 | $110,000 | $110,000 | $0 |
| 2017 | $1,755 | $110,000 | $110,000 | $0 |
| 2016 | $1,696 | $95,832 | $0 | $0 |
| 2015 | $1,636 | $87,120 | $0 | $0 |
| 2014 | $1,454 | $90,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2025 02/01/25 | For Sale | $349,000 | +74.5% | -- |
| 06/30/2021 06/30/21 | Sold | $200,000 | +14.4% | -- |
| 05/30/2021 05/30/21 | Pending | -- | -- | -- |
| 08/17/2020 08/17/20 | For Sale | $174,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | Professional Closing Inc | |
| Special Warranty Deed | $370,000 | Commerce Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $277,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $90,900 | New Conventional |
Source: Stellar MLS
MLS Number: FC306753
APN: 04-11-31-3512-00010-0010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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