$825,000
SOLD AUG 8, 2023

Ocean Hammock 500 Cinnamon Beach Way Unit 452 Palm Coast, FL 32137

3 Beds
2 Baths
1,682 Sq Ft
$843/mo HOA Fee

Recently Sold

$490 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • 112 Feet of Ocean or Gulf Waterfront
  • Beach View
  • On Golf Course
  • Old Kings Elementary School Rated A-
  • Beach Access
  • Fitness Center

About This Home

As of August 2023

LOCATION! LOCATION! OCEAN! OCEAN! This Cinnamon Beach oceanfront condo is a perfect place for a vacation getaway or year round living in the areas best kept secret. The ocean and golf course views are abundant in this most sought after building in the complex. Beautiful tile and luxury vinyl plank floors lead you to the kitchen with granite countertops and solid wood cabinets. LVP in all bedrooms with the Master's suite boasting walk in closet, dual vanity, tile walk in shower and tub. Spend your early mornings on your balcony and be mesmerized while watching the sun rise and listening to the sounds of the ocean waves. Also, take your front row seat on your balcony to watch golf on the 8th green of Nicklaus Ocean Course. Amenities for your enjoyment; oceanfront heated pool, 2nd heated zero entry pool & water splash zone, fitness center, jacuzzi, cafe and game room. Check out why Cinnamon Beach is a favorite for many.

Last Agent to Sell the Property

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455 Listed on: 05/22/2023

Last Buyer's Agent

Anthony Lombardo

COASTAL GATEWAY REAL ESTATE GR License #3013220

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 2005

Lot Details

  • On Golf Course
  • Northeast Facing Home
  • Irrigation

HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Ground Level Parking
  • Parking Garage Space

Outdoor Features

  • In Ground Spa
  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • 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
  • $151 Other Monthly Fees
  • May Management Association, Phone Number (386) 446-0085
  • Mid-Rise Condominium
  • Cinnamon Beach Condos
  • Ocean Hammock Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community
  • 6-Story Property

Amenities

  • Restaurant
  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,730

Year Built

Built in 2005

Lot Details

0

HOA Fees

$843 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: 13050
  • Directions to Property: Hammock Dunes Pkwy to Hotel trace Blvd, through security gate and Left on Ocean Way Blvd., Left on Cinnamon Beach Way, arrive at building 400
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Palm Coast
  • Escrow Postal Code: 32137
  • Escrow State: FL
  • Escrow Street Name: N Oceanshore Blvd suite B
  • Escrow Street Number: 5182
  • Floor Number: 5
  • List Office Head Office Key Nume: 579203020
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 490.49
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 452
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows
  • Street Number Modifier: 500
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 156.26
  • Room Count: 7

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 112
  • Water Frontage Feet Gulf Ocean: 112

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Ground Level, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Fitness Center, Gated, Golf Carts OK, Golf, Pool, Restaurant, Sidewalks, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Fee: 475
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: CINNAMON BEACH
  • Association Fee Requirement: Required
  • Building Name Number: 500
  • Condo Fees: 685
  • Condo Land Included YN: 0
  • Max Pet Weight: 999
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 685
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 11928.00
  • Total Monthly Fees: 994.00
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 158.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0452
  • Additional Parcels: No
  • Lot Features: On Golf Course, Private, Paved
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 1212

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6730.35
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 8, 2023
Sold by
Naik Shripad and Naik Vandana
Bought by
Mccoskey Eugene and Mccoskey Sabrina
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Anthony Lombardo
COASTAL GATEWAY REAL ESTATE GR
List Price
$854,900
Sold Price
$825,000
Premium/Discount to List
-$29,900
-3.5%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Jun 28, 2022
Sold by
Kdr Llc
Bought by
Naik Shripad and Naik Vandana

Purchase Details

Closed on
Oct 1, 2015
Sold by
Naik Shripad
Bought by
Kdr Llc Cinnamon Beach Series

Purchase Details

Closed on
Jul 25, 2013
Sold by
Bank Of America Na
Bought by
Naik Shripad

Purchase Details

Closed on
May 15, 2013
Sold by
Morello Grgory J and Morello Kathleen A
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 22, 2005
Sold by
Centex Homes
Bought by
Morello Gregory J and Morello Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 Veterans Title
Warranty Deed $100 Janssen Thomas L
Warranty Deed -- Attorney
Quit Claim Deed $388,500 Attorney
Trustee Deed -- None Available
Condominium Deed $705,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $564,000 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Price Changed $888,900 0.0% $528 / Sq Ft
03/05/2025 03/05/25 Price Changed $888,900 0.0% $528 / Sq Ft
02/17/2025 02/17/25 Price Changed $889,000 0.0% $529 / Sq Ft
02/17/2025 02/17/25 Price Changed $889,000 -1.1% $529 / Sq Ft
11/07/2024 11/07/24 For Sale $899,000 0.0% $534 / Sq Ft
10/14/2024 10/14/24 For Sale $899,000 0.0% $534 / Sq Ft
10/13/2024 10/13/24 Off Market $899,000 -- --
10/19/2023 10/19/23 For Sale $899,000 +9.0% $534 / Sq Ft
08/08/2023 08/08/23 Sold $825,000 -3.5% $490 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $854,900 -- $508 / 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 $7,682 $666,327 -- $666,327
2023 $7,682 $447,920 $0 $0
2022 $6,730 $555,273 $0 $555,273
2021 $5,560 $370,182 $0 $370,182
2020 $5,481 $359,400 $0 $359,400
2019 $5,560 $359,400 $0 $359,400
2018 $5,442 $343,400 $0 $343,400
2017 $5,392 $337,600 $0 $0
2016 $5,501 $337,600 $0 $0
2015 $5,302 $322,300 $0 $0
2014 $5,404 $322,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Lombardo

    Seller's Agent in 2024

    Anthony Lombardo

    Coastal Gateway Real Estate Group

    (386) 931-5279

    207 in this area

    255 Total Sales

    Anthony Lombardo
    Section Image
  • ANDREW KALCOUNOS

    Seller Co-Listing Agent in 2024

    ANDREW KALCOUNOS

    Coastal Gateway Real Estate Group

    (386) 986-8669

    173 in this area

    221 Total Sales

    ANDREW KALCOUNOS
    Section Image
  • Carlene Reardon

    Seller's Agent in 2023

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GR

    (386) 503-5897

    213 in this area

    228 Total Sales

    Carlene Reardon
    Section Image
See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC291660

Stellar MLS

APN: 04-11-31-3513-00000-0452

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 452, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 452, Palm Coast, FL 32137 and is currently priced at $825,000, approximately $490 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 452 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

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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