NOT LISTED FOR SALE

534 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $2,552,000 - $3,239,000

6 Beds
5.5 Baths
4,447 Sq Ft
$662/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $3,200,000 $720 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $18,579/month

32 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Full Gulf or Ocean Views
  • Old Kings Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of May 2023

Spectacular oceanfront home in Cinnamon Beach! "Sea Glass" is a stunning 6 bedroom/5.5 bathroom residence offering breathtaking views of the Atlantic, private pool, and dedicated boardwalk for instant access to the beach. All three luxurious living levels are serviced by interior elevator, so it’s a breeze to go up and down with groceries or luggage. The ground level offers 3 spacious guest bedrooms, an entertainment room for your friends and family to gather, and access to the pool and patio area. Lounge all day in the sun, or use your private walkway (shared with one neighbor) to get your toes in the sand in no time! The second floor is the main living level, and features an open-concept living area outfitted in crisp and cool color tones, dining space with a view, and gourmet kitchen. Mesmerizing ocean views draw you to the massive 35-foot long balcony. This is an ideal spot for the whole family to gather and recharge to the sound of waves crashing in on the shore. The kitchen features a huge island with breakfast bar seating and fabulous prep space. Smell the coffee brewing in the morning, and effortlessly carry it out to the large deck to sip on while you watch the sunrise. Two additional guest suites are conveniently located on this floor as well. Ascend the staircase or the elevator to the 3rd floor, where you’ll find the master suite of your dreams, which runs the full width of the house on the ocean. Wake each morning to the sun coming up over the Atlantic. Open up the sliders to your massive balcony and let the sounds of the sea rock you to sleep each night. Giant walk-in shower and soaking tub. Cozy up in the sitting area with two-sided electric fireplace. You’ll never want to leave your room! Cinnamon Beach is a privately gated neighborhood within the exclusive community of Ocean Hammock, a tranquil, coastal gem located in Palm Coast, Florida, just 20 minutes south of St. Augustine, 30 minutes north of Daytona Beach and 75 minutes east of Orlando. Featuring 2.5 miles of pristine cinnamon-toned beach, the community features a harmonious blend of Key West-styled homes. Community amenities include lakeside clubhouse with “zero-entry” pool for the little ones, water slide, fitness center, game room, bar/grille, lounge, and oceanfront pool complex with hot tub and access to the beach. Sea Glass is offered inclusive of exquisite designer furnishings. Move-in or rental ready! Sensational rental history through Cinnamon Beach Vacations- over $230k in revenue in 2022 alone. This one won’t last- don’t delay!

Last Agent to Sell the Property

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767 Listed on: 03/23/2023

Last Buyer's Agent

DJ DellaSala

DJ & LINDSEY REAL ESTATE License #3169117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,083

Year Built

  • Built in 2019

Lot Details

  • 6,316 Sq Ft Lot
  • Lake Front
  • Property fronts gulf or ocean
  • West Facing Home
  • Fenced
  • Private Lot
  • Property is zoned PUD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Full Gulf or Ocean
  • Lake

Home Design

  • Tri-Level Property
  • Block Foundation
  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,447 Sq Ft Home
  • Furnished
  • Dry Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room
  • Living Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • High Impact Windows

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio
  • Private Mailbox
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, security
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,083

Year Built

Built in 2019

Lot Details

0

HOA Fees

$323 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 4447
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 5937
  • Lot Size Sq Ft: 6316
  • Directions to Property: I-95 Exit 289 E over toll bridge to Hammock Dunes Pkwy North to Hotel Trace Blvd. Thru gate to Left on Ocean Way Blvd. Thru Cinnamon Beach gates turn Right onto Cinnamon Beach Ln.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203043
  • RATIO Current Price By Calculate: 719.59
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Dry Bar, Elevator, High Ceilings, Master Bedroom Upstairs, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 6
  • Levels: Three Or More
  • Spa Yn: No
  • Window Features: Impact Glass/Storm Windows, Window Treatments
  • Street Number Modifier: 534
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room
  • Living Area Meters: 413.14
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Private Mailbox, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: 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: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf Carts OK, Pool, Restaurant, Sidewalks, Special Community Restrictions, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage
  • Association Fee: 494
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Phone: 3864460085
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association #2 Fee: 475
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386-446-0085
  • Association 2 YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3876.00
  • Total Monthly Fees: 323.00
  • Monthly HOA Amount: 164.67

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0820
  • Additional Parcels: No
  • Fencing: Fenced, Other
  • Lot Features: Private
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 587

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 18083
  • Tax Block: 00010
  • Tax Book Number: 1871
  • Tax Lot: 82
  • Tax Other Annual Assessment Amount: 38

Multi Family

  • Waterfront Features: Gulf/Ocean, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2024
Sold by
Weinstein Joseph S and Weinstein Cynthia D
Bought by
Cbl Holdings Llc
Total Days on Market
32
Current Estimated Value
$2,945,739

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 31, 2023
Sold by
Osborn David R
Bought by
Weinstein Joseph S
Seller's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
DJ DellaSala
DJ & LINDSEY REAL ESTATE
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.00%
Original Mortgage
$2,400,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Just In Time 3 Llc
Bought by
Osborn David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,402,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Cb Oceanfront Venture Llc
Bought by
Just N Time 3 Llc

Purchase Details

Listed on
Jan 31, 2017
Closed on
Sep 29, 2017
Sold by
Dehuff George Bowman and Dehuff Karen L
Bought by
Cb Oceanfront Venture Llc
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
EDMUND GIANCOLA
CINNAMON BEACH REALTY
List Price
$685,000
Sold Price
$620,000
Premium/Discount to List
-$65,000
-9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.43%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Dehuff George Bowman and Dehuff Karen L
Bought by
Dehuff George Bowman and Dehuff Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
5.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 26, 2002
Sold by
Centex Land Dev Ii L L C
Bought by
Dehuff George Bowman and Dehuff Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,903
Interest Rate
6.4%
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 Buyer Sale Price Title Company
Cbl Holdings Llc -- None Listed On Document
Weinstein Joseph S $3,200,000 None Listed On Document
Osborn David R -- Attorney
Just N Time 3 Llc $1,240,000 None Available
Cb Oceanfront Venture Llc $620,000 Title Chain Inc
Dehuff George Bowman -- Associates Title Inc
Dehuff George Bowman $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinstein Joseph S $2,400,000
Previous Owner Osborn David R $1,402,500
Previous Owner Dehuff George Bowman $559,000
Previous Owner Dehuff George Bowman $1,903
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $3,200,000 -2.9% $720 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $3,295,000 +431.5% $741 / Sq Ft
09/29/2017 09/29/17 Sold $620,000 -9.5% $98 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $685,000 -- $109 / 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 $21,393 $2,487,034 $640,000 $1,847,034
2023 $21,393 $1,324,601 $0 $0
2022 $18,083 $1,327,190 $558,000 $769,190
2021 $16,325 $1,094,712 $478,000 $616,712
2020 $16,413 $1,084,111 $530,000 $554,111
2019 $8,172 $530,000 $530,000 $0
2018 $7,818 $495,000 $495,000 $0
2017 $7,595 $495,000 $495,000 $0
2016 $7,370 $421,927 $0 $0
2015 $6,420 $383,570 $0 $0
2014 $6,060 $378,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC290054

Stellar MLS

APN: 04-11-31-3512-00010-0820