NOT LISTED FOR SALE

Ocean Hammock 500 Cinnamon Beach Way Unit 464 Palm Coast, FL 32137

Estimated Value: $822,854

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

Last Sold May 31, 2023

Last sale price $957,500 $569 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,624/month

12 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 May 2023

LOCATION! VIEWS AND COMPLETLEY RENOVATED! You can have it all in this Cinnamon Beach oceanfront penthouse with vaulted ceilings. This 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 luxury vinyl plank flooring leads you to the kitchen with granite countertops & backsplash, custom cabinets with pull outs and Kitchen Aide mixer cabinet, Fisher & Paykel double drawer dishwasher, Samsung appliances with induction stove, upper and lower cabinet lighting. Bedrooms, linen closets and laundry room are completely built out for additional storage. Fantastic light fixtures are spread throughout and virtually every room has been upgraded with custom touches. New doors and hardware throughout, Tile to ceiling and floor in the guest & Master bathrooms, glass swing door, deep soaking tub, recycled glass countertop with glass sink and Hansgrohe push button faucet & shower fixture. 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. Replaced Trane 4TWR4 Heat Pump in 2022. Rheem Classic water heater replaced January of 2021.

Last Agent to Sell the Property

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455 Listed on: 03/27/2023

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 2005

Lot Details

  • On Golf Course
  • Northeast Facing Home
  • Irrigation

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Entry on the 6th floor
  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 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
  • May Management Association
  • 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

  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,042

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, Pool, 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 parkway to Hotel Trace rd. Stop at guard gate to get access.
  • 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: 6
  • List Office Head Office Key Nume: 579203020
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 569.26
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • 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
  • Pool Features: In Ground
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • 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: 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, 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
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • 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: 150
  • Monthly Condo Fee Amount: 685
  • Development: Cinnamon Beach

Fee Information

  • Total Annual Fees: 11920.00
  • Total Monthly Fees: 993.33
  • Monthly HOA Amount: 158.33

Schools

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

Lot Info

  • Zoning: RESI
  • Parcel Number: 04-11-31-3513-00000-0464
  • Additional Parcels: No
  • Lot Features: On Golf Course, Private, Paved, Private
  • Flood Zone Code: VE
  • Homestead YN: 1
  • 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: 5041.94
  • 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

Closed on
Jun 25, 2025
Sold by
Mason Donna
Bought by
Mason Donna and Mason Steven C
Current Estimated Value
$822,854

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 31, 2023
Sold by
Marin Stephen F and Marin Delores A
Bought by
Mason Donna
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$974,900
Sold Price
$957,500
Premium/Discount to List
-$17,400
-1.78%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.55%
Original Mortgage
$670,250
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2020
Sold by
Parker Douglas W and Parker Betty Jane
Bought by
Marin Stephen F and Marin Delores A

Purchase Details

Closed on
Mar 11, 2010
Sold by
Arceo Constantino and Rombola Robert A
Bought by
Parker Douglas W and Parker Betty Jane

Purchase Details

Closed on
Oct 16, 2006
Sold by
Rombola Robert A
Bought by
Rombola Robert A and Robert A Rombola Revocable Tru

Purchase Details

Closed on
Jul 27, 2005
Sold by
Centex Homes
Bought by
Arceo Constantino and Rombola Robert
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
Mason Donna $100 None Listed On Document
Mason Donna $100 None Listed On Document
Mason Donna $957,500 Veterans Title
Marin Stephen F $540,000 Title Chain Inc
Parker Douglas W $425,000 Pioneer Title Services Llc
Rombola Robert A -- Attorney
Arceo Constantino $802,200 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Donna $670,250
Previous Owner Rombola Robert A $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $957,500 -1.8% $569 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $974,900 -- $580 / 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 $5,226 $498,145 -- --
2023 $5,226 $399,064 $0 $0
2022 $5,042 $387,441 $0 $0
2021 $5,052 $376,156 $0 $376,156
2020 $3,924 $365,200 $0 $0
2019 $3,882 $365,200 $0 $0
2018 $3,891 $284,204 $0 $0
2017 $5,484 $343,400 $0 $0
2016 $5,594 $343,400 $0 $0
2015 -- $328,100 $0 $0
2014 -- $328,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC290159

Stellar MLS

APN: 04-11-31-3513-00000-0464