NOT LISTED FOR SALE

600 Cinnamon Beach Way Unit 522 Palm Coast, FL 32137

Estimated Value: $750,000 - $864,000

3 Beds
2 Baths
1,682 Sq Ft
$153/mo HOA Fee

Last Sold March 28, 2023

Last sale price $725,000 $431 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,218/month

177 Days on Market

Highlights

  • 145 Feet of Waterfront
  • Beach Access
  • Full Gulf or Ocean Views
  • Old Kings Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of March 2023

Imagine owning a beautiful condo where you can wake up to a sunrise on the Atlantic Coastline! This fully furnished, 3 bedroom, 2 bathroom condo in the gated oceanside Resort of Cinnamon Beach can make that dream a reality! Aside from it's tropical decor and stylish furniture, high ceilings and breathtaking views - this unit comes with several recent upgrades including plantation shutters on the windows and sliding glass doors, new AC in 2021 ($5,600), newer hot water heater (2019) and NEW living room furniture (Spring 2022)! The kitchen features all stainless steel appliances, recessed lighting, granite counter tops! The large, covered balcony is an amazing feature! Dine, relax or simply listen to the ocean from the comfort of your own home! If this isn't incredible enough - the owners enjoy great rental income that you can experience as well! The Cinnamon Beach community features an oceanfront lap pool, a peaceful lakeside pool with splash pad, fitness center, adult lounge, game room and is conveniently located 10 minutes from Flagler Beach, 30 minutes from Historic St. Augustine and right next to several shops and restaurants. This property is perfect for a 1031 Exchange! Schedule your private showing today and begin experiencing all that Florida has to offer!

Last Listed By

Joan McCullough

COASTAL GATEWAY REAL ESTATE GR License #3254929 Listed on: 09/02/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 2003

Lot Details

  • 145 Feet of Waterfront
  • East Facing Home

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Parking Garage
  • Common or Shared Parking
  • Ground Level Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Beach Access
  • Water Access
  • Balcony
  • Exterior Lighting
  • Rear Porch

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, trash
  • $141 Other Monthly Fees
  • Kathryn Alameda Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • Rental Restrictions
  • 5-Story Property

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,817

Year Built

Built in 2003

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1682
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1682
  • Lot Size Sq Ft: 13049
  • Directions to Property: Take Hammock Dunes Pkwy to Hotel Trace Blvd (Ocean Hammock). Go through security then left onto Ocean Way Blvd. Continue on to Cinnamon Beach Condos. Unit is in Building 600 on the 2nd floor.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285893?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285893?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 422
  • Ratio: Close Price\List Price: 0.98639
  • Price per Sq Ft: 431.03
  • Close to Original List Price Ratio: 0.96796
  • Ratio: Current Price\Building Area Total: 431.03
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 5
  • Window Features: Shutters
  • Street Number Modifier: 600
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting
  • Roof: Concrete, Membrane, Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Atlantic Ocean
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 145
  • Water Frontage Feet Beach Prvt: 145
  • Disclosures: Condominium Disclosure Available, Other, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Covered, Ground Level, Under Building, Underground
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Fishing, Gated Community, Irrigation-Reclaimed Water, Pool, Sidewalk, Special Community Restrictions, Water Access, Waterfront
  • Association Fee: 460
  • Association Fee Frequency: Quarterly
  • Association Name: Kathryn Alameda
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 540
  • Condo Fees Term: Monthly
  • Other Fees Term: Quarterly
  • Association Email: kalmeida@maymgt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 540
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 10008
  • Monthly HOA Fee: 153.33
  • Total Monthly Fees: 834

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0522
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 999
  • Minimum Lease: No Minimum
  • Pet Restrictions: SEE DEED RESTRICTION
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: SEE DEED RESTRICTION

Tax Info

  • Tax Annual Amount: 5816.99
  • Tax Block: 00000
  • Tax Book Number: 000
  • Tax Lot: 0522
  • Tax Other Annual Assessment Amount: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Mar 22, 2023
Sold by
Grafstein David and Grafstein Cindy
Bought by
Amirante Sam L and Amirante Deanna M
Seller's Agent
Joan McCullough
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Total Days on Market
177
Views
20
Current Estimated Value
$785,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,167
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
May 30, 2008
Sold by
Mazzeo Frank and Mazzeo Leann
Bought by
Grafstein David and Grafstein Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Centex Homes
Bought by
Mazzeo Frank and Mazzeo Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

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
Amirante Sam L $725,000 Covenant Closing & Title Servi
Grafstein David $575,000 Suncoast Title Insurance Age
Mazzeo Frank $540,500 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grafstein David $402,500
Previous Owner Mazzeo Frank $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $725,000 -1.4% $431 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/26/2023 02/26/23 Off Market $735,000 -- --
12/01/2022 12/01/22 Price Changed $735,000 -1.2% $437 / Sq Ft
11/02/2022 11/02/22 Price Changed $744,000 -0.7% $442 / Sq Ft
10/06/2022 10/06/22 For Sale $749,000 0.0% $445 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $749,000 -- $445 / 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 $8,036 $697,500 -- $697,500
2023 $8,036 $468,875 $0 $0
2022 $7,043 $581,250 $0 $581,250
2021 $5,817 $387,500 $0 $387,500
2020 $5,905 $387,500 $0 $387,500
2019 $5,991 $387,500 $0 $387,500
2018 $5,850 $369,400 $0 $369,400
2017 $5,790 $362,800 $0 $0
2016 $5,908 $362,800 $0 $0
2015 $5,680 $345,500 $0 $0
2014 $5,639 $345,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: FC285893

Stellar MLS

APN: 04-11-31-3513-00000-0522

Florida Flagler County Palm Coast 32137

600 Cinnamon Beach Way Unit 522, Palm Coast, FL

Homes for Sale in Palm Coast, FL

This home is located at 600 Cinnamon Beach Way Unit 522, Palm Coast, FL 32137 since 02 September 2022 and is currently estimated at $785,167, approximately $466 per square foot. This property was built in 2003. 600 Cinnamon Beach Way Unit 522 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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