$1,395,000

55 Cinnamon Beach Way Palm Coast, FL 32137

Estimated payment $9,273/month

Total Views 12,682
5 Beds
4.5 Baths
3,770 Sq Ft
$370 Price per Sq Ft

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

Welcome to 55 Cinnamon Beach Way, a spectacular 5 bed/4.5 bath, Cinnamon Beach pool home near the ocean. After driving the scenic, oak-lined journey to the security-gated entrance, the Ocean Hammock community greets its guests with tropical flora and fauna, beautifully manicured landscaping, and uniquely custom coastal homes. As soon as you open your car door, you are welcomed by a fresh ocean breeze and the undeniable fragrance of salty ocean air. The home’s exterior is bright and inviting, with brightly-painted blue stucco, crisp trim accents, nautical carriage lights, and contemporary railings on the east-facing balcony. The first-floor entryway has an impressive 8-foot-high glass door that is framed with glass window casings, allowing natural light to pour into the inviting foyer. The foyer feels open and bright with 10-foot ceilings, 24x24 oversized polished tile floors, and coastal pendant lighting that escort you down a hallway to a large game room completed with a wet-bar and powder bathroom. A 4-panel, 8-foot-high sliding glass door opens to the magnificent courtyard pool. The lagoon-blue pool provides ample privacy and beckons a refreshing dip after a fun day at the beach. The pool patio has upgraded paver decking, an outdoor shower and ample space for chaise lounges and a grill. Just past the game room and pool courtyard are 3 guest bedrooms. Two guest bedrooms share a jack-and-jill bathroom, and one guest bedroom is an en suite with a full private bathroom. Two of the guest bedrooms are king-suites that have double French doors opening to a large covered patio. Adjacent to the patio is a shaded grass lawn ideal for the young ones to play. The 2nd floor consists of the main living space, an en-suite bedroom, and the master suite. The open living space features a kitchen, a dining room, a family room, and a living room. The entire second floor has durable engineered-wood floors, 10-foot ceilings, and a generous number of impact-glass windows and doors that keep the entire space naturally bright throughout the day. The kitchen has contemporary, bright shaker cabinets, granite countertops, a large pantry, stainless steel appliances, and a picture window that frames views of a glistening pond and lush green landscape. The family room has impressive tray ceilings that define the space and two 8-foot-high glass French doors, which showcase beautiful views. The dining room is directly adjacent to the kitchen and comfortably seats 10 for effortless entertaining. The nearby living room also seats 6-8, making it easy for large groups to simultaneously enjoy each-other’s company. The guest en-suite shares a bathroom accessible for guests utilizing the main living space. The impressive master suite extends the entire width of the home. The master bedroom has a large walk-in closet, a private balcony facing East for viewing vibrant morning sunrises. Sizeable bathroom features modern tile floors, two freestanding, quartz-countertop vanities, freestanding bathtub, large walk-in shower with a rain shower head, private water closet, and 3 windows for ideal lighting. The 2nd floor also contains a laundry room and linen closet for extra storage. Short walk to the beach! Phenomenal community amenities include oceanfront pool, lakeside pool, kids' water park, beach access, fitness center, seasonal bar & grill, business center, game room and so much more. Fantastic rental through Cinnamon Beach Vacations. Don't delay!

Listing Agent

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767 Listed on: 05/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,659

Year Built

  • Built in 2020

Lot Details

  • 7,275 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Property is zoned PUD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,770 Sq Ft Home
  • Wet Bar
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Lake Views
  • Security Gate

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Private Mailbox

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, ground maintenance, security
  • $163 Other Monthly Fees
  • May Management Association, Phone Number (386) 446-0085
  • Cinnamon Beach Subdivision
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse

Recreation

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

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,659

Year Built

Built in 2020

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3770
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 5335
  • Lot Size Sq Ft: 7275
  • Directions to Property: Dunes Parkway, right onto Hotel Trace through Ocean Hammock Gate. Left onto Ocean Way Blvd into Cinnamon Beach. Go around traffic circle and exit onto Cinnamon Beach Way.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203043
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 370.03
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Other Fees Amount: 490
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 55
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Great Room
  • Living Area Meters: 350.24
  • Room Count: 13

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Balcony, Lighting, Private Mailbox
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: 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

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • 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 Community - Guard, Golf Carts OK, Pool, Restaurant, Sidewalks
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Association Fee: 531
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association #2 Fee: 510
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: CINNAMON BEACH
  • Association Fee Requirement: Required
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 6124.00
  • Total Monthly Fees: 510.33
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 177.00

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0250
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 676

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 14659
  • Tax Block: 00010
  • Tax Book Number: 897
  • Tax Lot: 25
  • Tax Other Annual Assessment Amount: 538

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: See HOA Docs.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,659 $1,208,227 $219,600 $988,627
2023 $14,659 $855,643 $0 $0
2022 $12,401 $930,650 $168,300 $762,350
2021 $10,804 $707,143 $95,850 $611,293
2020 $1,505 $95,850 $95,850 $0
2019 $1,623 $102,150 $102,150 $0
2018 $1,611 $99,000 $99,000 $0
2017 $1,623 $99,000 $99,000 $0
2016 $1,649 $99,000 $0 $0
2015 $1,478 $78,408 $0 $0
2014 $1,315 $81,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 For Sale $1,395,000 0.0% $370 / Sq Ft
05/22/2024 05/22/24 Off Market $1,395,000 -- --
05/22/2024 05/22/24 For Sale $1,395,000 +64.3% $370 / Sq Ft
12/17/2023 12/17/23 Off Market $849,000 -- --
11/20/2020 11/20/20 Sold $849,000 +1.2% $225 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $839,000 +499.3% $222 / Sq Ft
09/01/2015 09/01/15 Sold $140,000 -3.4% $18 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $144,900 -- $19 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $849,000 Title Chain Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $140,000 Title Chain Inc
Warranty Deed $175,000 Pioneer Title Services Llc
Deed -- --
Deed $209,900 --
Warranty Deed $217,900 --
Warranty Deed $92,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $110,000 Seller Take Back
Previous Owner $140,000 No Value Available
Previous Owner $140,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: FC300535

Stellar MLS

APN: 04-11-31-3512-00010-0250