$1,185,000
SOLD FEB 25, 2025

7 Cinnamon Beach Way Palm Coast, FL 32137

6 Beds
7 Baths
4,231 Sq Ft
6,926 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

9% Below List Price

9 Days on Market

Highlights

  • Beach Access
  • On Golf Course
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Lake View

About This Home

As of February 2025

Experience the ocean breeze from this stunning 2-story, 6 bed/5 bath/2 half bath home in the picturesque oceanfront community of Cinnamon Beach. This custom-built home boasts a bright entrance, striking accents, and a two-car garage. Step inside to discover a spacious area with high ceilings and 8-foot doors, creating a grand atmosphere.
The second level is an entertainer's dream, featuring an open-concept living, kitchen, and dining area. The bright and airy kitchen is equipped with luxurious fixtures, stainless steel appliances, a glass cooktop, a large refrigerator, under-cabinet lighting, double ovens, a pantry, and a spacious island with Quartz waterfall countertops. The Great room boasts a stunning tray ceiling, abundant natural light from numerous windows, and French doors that open to a massive second-floor balcony. This expansive outdoor living space offers breathtaking views of lush landscaping, a serene lake, and a pristine golf course, making it the perfect spot to enjoy sunsets.
The spacious primary bedroom on the second floor includes two walk-in closets and an ensuite bathroom with dual vanities and a massive shower with stunning tile and wood accents. A second bedroom with an ensuite and a private covered balcony is also on this level, along with a laundry room and a powder room.
The ground level features a half bath and a living room that opens to a covered patio, creating a private oasis. This level also includes four more bedrooms: two with ensuites and two sharing a Jack-and-Jill bathroom.
Enjoy a short walk to the beach and Cinnamon Beach amenities, including an oceanfront pool, lakeside pool, kids' splash pad, kiddie pool, beach access, fitness center, seasonal bar & grill, business center, game room, and more. This home is an amazing opportunity for a short-term rental investment, vacation spot or your place to call home. Furnishings Negotiable. Call to see this incredible home for yourself!

Last Agent to Sell the Property

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 01/05/2025

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 2024

Lot Details

  • 6,926 Sq Ft Lot
  • On Golf Course
  • Northeast Facing Home
  • Property is zoned PUD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Golf Course

Home Design

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

Interior Spaces

  • 4,231 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Security Gate

Kitchen

  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Covered patio or porch
  • Private Mailbox

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, maintenance structure, ground maintenance, private road, security, trash
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, 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

$2,362

Year Built

Built in 2024

Lot Details

0

HOA Fees

$496 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Structure, Maintenance Grounds, Private Road, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 4231
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2024
  • Building Area Total: 5686
  • Lot Size Sq Ft: 6926
  • Directions to Property: Traveling North on Hammock Dunes Parkway turn Right on Osprey Way to the Guard Gate. Go through guard gate and turn Left at the stop sign and go through the Cinnamon Beach gate. Take 2nd exit at the roundabout and the home will be on the Left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203043
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 280.08
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Lake,Waterfront
  • Tax Year: 2024
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Yn: No
  • Window Features: Window Treatments
  • Street Number Modifier: 7
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Great Room
  • Living Area Meters: 393.07
  • Room Count: 13

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Private Mailbox
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • 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, Electricity Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Pool, Restaurant, Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 516
  • 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: 492
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386-446-0085
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: CINNAMON BEACH
  • Association Fee Requirement: Required
  • Condo Fees: 480
  • Monthly Condo Fee Amount: 160
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 5952.00
  • Total Monthly Fees: 496.00
  • Monthly HOA Amount: 172.00

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0020
  • Additional Parcels: No
  • Lot Features: Near Golf Course, On Golf Course
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 643

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 2362.33
  • Tax Block: 00010
  • Tax Book Number: 1496
  • Tax Lot: 2
  • Tax Other Annual Assessment Amount: 110

Multi Family

  • Approval Process: See HOA Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Feb 27, 2025
Sold by
Cradick Matthew
Bought by
Cradick Holdings Llc
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,298,500
Sold Price
$1,185,000
Premium/Discount to List
-$113,500
-8.74%
Views
11
Current Estimated Value
$1,195,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,666
Avg. Annual Appreciation
2.54%
Original Mortgage
$948,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2025
Closed on
Feb 25, 2025
Sold by
Nikzad Family Trust and Nikzad Mehrdad
Bought by
Cradick Matthew
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,298,500
Sold Price
$1,185,000
Premium/Discount to List
-$113,500
-8.74%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2018
Sold by
Nikzad Mehrdad
Bought by
Nikzad Mehrdad and The Nikzad Family Trust

Purchase Details

Closed on
May 1, 2017
Bought by
Nikzad Mehrdad

Purchase Details

Listed on
Jan 18, 2013
Closed on
Aug 21, 2013
Sold by
Bowling Mathew Mark
Bought by
Voss Ralph F and Voss Jerrilynn S
Seller's Agent
KEVIN ORAK
Buyer's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.24%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Centex Homes
Bought by
Bowling Matthew Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,145
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2000
Sold by
Northshore Hammock L P
Bought by
Kristo Michael

Purchase Details

Closed on
Dec 29, 1999
Sold by
Northshore Hammock L P
Bought by
Kristo Michael
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
Quit Claim Deed $100 Title Chain
Quit Claim Deed $100 Title Chain
Warranty Deed $1,185,000 Title Chain
Interfamily Deed Transfer -- Attorney
Deed $100,000 --
Warranty Deed $90,000 Title Chain Inc
Special Warranty Deed $350,000 Commerce Title
Warranty Deed -- --
Warranty Deed $158,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $948,000 New Conventional
Previous Owner $319,145 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $1,185,000 -8.7% $280 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $1,298,500 +1342.8% $307 / Sq Ft
08/22/2013 08/22/13 Sold $90,000 -9.1% $13 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $99,000 -- $14 / 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 $1,993 $170,000 $170,000 --
2023 $1,993 $94,501 $0 $0
2022 $1,593 $143,000 $143,000 $0
2021 $1,287 $89,500 $89,500 $0
2020 $1,130 $71,000 $71,000 $0
2019 $1,284 $80,000 $80,000 $0
2018 $1,313 $80,000 $80,000 $0
2017 $1,322 $80,000 $80,000 $0
2016 $1,448 $72,600 $0 $0
2015 $1,337 $66,000 $0 $0
2014 $1,055 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC306165

Stellar MLS

APN: 04-11-31-3512-00010-0020