$3,195,000
SOLD OCT 3, 2022

512 Cinnamon Beach Ln Palm Coast, FL 32137

5 Beds
5.5 Baths
5,040 Sq Ft
6,229 Sq Ft Lot

Recently Sold

$634 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Beach Access
  • Full Gulf or Ocean Views
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Custom Home

About This Home

As of October 2022

Breathtaking Oceanfront Home in Cinnamon Beach with Private Beach Walkover! This 5 bedroom and 5.5 bathroom custom built home is detailed with clean and modern finishes and comes complete with top of the line furnishings. The sky high ceilings throughout create a light and airy feel. Take the elevator to the 2nd level to access the main living area and kitchen with panoramic Atlantic Ocean views. The bright kitchen features solid surface countertops, sleek custom cabinetry, a secondary sink, coffee bar and large pantry. The sliding glass doors connect these entertaining spaces to the screened-in balcony. The luxurious primary suite is on the top floor with its own private balcony to watch the sun rise while sipping on your morning coffee. The master bath is a relaxing spot with a glass door to separate his and her sides for individual temperature control and features a bidet. All of the bedrooms have attached full bathrooms. Smart home technology throughout the home controls the lights and audio system. The exterior was recently painted with a lifetime warranty. The highly desirable private beach walkover was also recently rebuilt and stained. The fully fenced backyard has room to add a pool. This incredible Oceanside retreat provides you with the opportunity to use it for your family and as an investment property. Cinnamon Beach is the only Luxury single family home Short Term Rental community around. Cinnamon Beach Community has a clubhouse, grille/bar, fitness center, Ocean and Lakeside pools, splash pad, workout center and more. Schedule a tour today of this incredible Home!

Last Agent to Sell the Property

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 08/02/2022

Co-Listed By

J. Scott Massey

CINNAMON BEACH REALTY License #3294658

Last Buyer's Agent

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,296

Year Built

  • Built in 2013

Lot Details

  • 6,229 Sq Ft Lot
  • 45 Feet of Waterfront
  • West Facing Home
  • Property is zoned PUD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,040 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Tile Flooring
  • Full Gulf or Ocean Views
  • Security Gate

Kitchen

  • Built-In Convection Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Screened Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Softener
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, ground maintenance, pool maintenance, private road, security, trash
  • May Management Association, Phone Number (386) 446-0085
  • Built by Mike Machin
  • Ocean Hammock Subdivision, Custom Floorplan
  • Handicap Modified Features In Community

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,296

Year Built

Built in 2013

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Maintenance Grounds, Pool Maintenance, Private Road, Security, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 5040
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2013
  • Building Area Total: 7782
  • Lot Size Sq Ft: 6229
  • Directions to Property: Hammock Dunes Pkwy to Ocean Hammock Main Gate. Turn left at 1st stop sign. Enter Cinnamon Beach gated community. Follow to Cinnamon Beach Lane
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285086?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285086?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 904-826-9462
  • Ratio: Close Price\List Price: 0.96848
  • Price per Sq Ft: 633.93
  • Close to Original List Price Ratio: 0.96848
  • Ratio: Current Price\Building Area Total: 410.56
  • View: Yes
  • Co List Office Mls Id: 256500398
  • Co List Office Phone: 386-246-9934
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceiling(s), Master Bedroom Upstairs, Open Floorplan, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Window Features: Window Treatments
  • Street Number Modifier: 512
  • Room Count: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Screened
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12035C0131E
  • Waterfront Frontage: 45
  • Water Frontage Feet Beach Prvt: 45

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Other, Oversized, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Handicap Modified, Pool, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Association Fee: 832
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association #2 Fee: 460
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386-446-0085

Fee Information

  • Total Annual Fees: 5168
  • Monthly HOA Fee: 277.33
  • Total Monthly Fees: 430.67

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0920
  • Additional Parcels: No
  • Flood Zone Code: AO
  • Flood Zone Date: 2018-06-06
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mike Machin

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 20296
  • Tax Block: A-5
  • Tax Book Number: 1075
  • Tax Lot: 92
  • Tax Other Annual Assessment Amount: 297

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 3, 2022
Sold by
Susan Jane Inglis Revocable Trust
Bought by
Koury Trust
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
List Price
$3,299,000
Sold Price
$3,195,000
Premium/Discount to List
-$104,000
-3.15%
Total Days on Market
21
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Lankford Dennis L and Lankford Candace J
Bought by
Inglis Susan J and The Susan Jane Inglis Revocable Trust

Purchase Details

Closed on
Jun 28, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Lankford Dennis L and Lankford Candace J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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 -- Title Chain
Warranty Deed $400,000 None Available
Deed $585,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $526,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $3,490,000 -8.2% $692 / Sq Ft
04/22/2025 04/22/25 Price Changed $3,800,000 -2.6% $754 / Sq Ft
12/05/2024 12/05/24 For Sale $3,900,000 +22.1% $774 / Sq Ft
10/03/2022 10/03/22 Sold $3,195,000 -3.2% $634 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $3,299,000 -- $655 / 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 $31,750 $2,341,322 $640,000 $1,701,322
2023 $31,750 $2,187,131 $640,000 $1,547,131
2022 $22,383 $1,606,258 $558,000 $1,048,258
2021 $20,296 $1,345,962 $478,000 $867,962
2020 $20,120 $1,314,078 $530,000 $784,078
2019 $21,565 $1,389,518 $530,000 $859,518
2018 $21,533 $1,354,805 $495,000 $859,805
2017 $20,967 $1,307,910 $495,000 $812,910
2016 $20,135 $1,209,448 $0 $0
2015 $18,185 $1,099,498 $0 $0
2014 $17,126 $1,032,249 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC285086

Stellar MLS

APN: 04-11-31-3512-00010-0920