700 Cinnamon Beach Way Unit 624 Palm Coast, FL 32137
Estimated payment $6,589/month
Highlights
- Community Beach Access
 - Ocean Front
 - Gated Community
 - Old Kings Elementary School Rated A-
 - Fitness Center
 - Open Floorplan
 
About This Home
Coastal charm abounds from the moment you step inside this oceanfront condo in Cinnamon Beach! With 3 bedrooms, 2 full baths, spacious living areas, and a large sunrise balcony, this waterfront escape provides plenty of room for all. Thoughtfully decorated with touches of the sea and local artwork, this home provides a visually appealing palette for you to soak in true vacation vibes around you. The kitchen features granite countertops, solid wood cabinetry, stainless steel appliances, and a breakfast bar for additional seating. The adjacent dining room provides ample space for your group to unwind with a great meal after a day at the beach. Cuddle up on the family room sectional after a long day in the sun. The Primary Bedroom is highlighted by a beautiful king canopy bed, dual closets (one currently used as an owners closet), private sliding glass door to the balcony, and an en-suite bathroom with walk-in shower, soaking tub, and dual vanities. The two secondary bedrooms (one queen and one with two twins), full bath and laundry complete the interior spaces. The sweeping, unobstructed ocean view draws your eyes out to the balcony - the perfect place for that cup of coffee and ocean breezes as you take in the sunrises every morning. Other features of this home are ceramic tile throughout - no carpet, ceiling fans, updated light fixtures, plantation shutters, and is being offered fully furnished for for the perfect turn-key rental property (short term rentals allowed), second home, or your primary oceanfront residence. The 700 building is conveniently located right next to one of the common walkovers and large green space. Cinnamon Beach offers expansive beach frontage, multiple walkovers, oceanfront pool, lakeside family pool with seasonal snack bar, well-equipped gym, game room, and more. Building, elevator, 24 hour manned security gate and access control. Income generating property with fantastic reviews! Don't miss this opportunity to secure your slice of Palm Coast paradise!
Property Details
Home Type
- Condominium
 
Est. Annual Taxes
- $9,967
 
Year Built
- Built in 2004 | Remodeled
 
Lot Details
- Ocean Front
 - Property fronts a private road
 - East Facing Home
 
HOA Fees
Home Design
- Entry on the 2nd floor
 - Tile Roof
 - Stucco
 
Interior Spaces
- 1,682 Sq Ft Home
 - 1-Story Property
 - Open Floorplan
 - Furnished
 - Entrance Foyer
 - Living Room
 - Dining Room
 - Tile Flooring
 - Ocean Views
 
Kitchen
- Breakfast Bar
 - Electric Range
 - Microwave
 - Dishwasher
 - Disposal
 
Bedrooms and Bathrooms
- 3 Bedrooms
 - Split Bedroom Floorplan
 - Dual Closets
 - Walk-In Closet
 - 2 Full Bathrooms
 - Bathtub With Separate Shower Stall
 
Laundry
- Laundry in unit
 - Dryer
 
Home Security
- Security Lights
 - Security Gate
 
Parking
- Covered Parking
 - Guest Parking
 - Additional Parking
 - Parking Lot
 
Accessible Home Design
- Accessible Elevator Installed
 - Accessibility Features
 
Outdoor Features
- Property has ocean access
 - Balcony
 - Rear Porch
 
Schools
- Old Kings Elementary School
 - Indian Trails Middle School
 - Matanzas High School
 
Utilities
- Central Heating and Cooling System
 - Electric Water Heater
 
Listing and Financial Details
- Assessor Parcel Number 0411313513000000624
 
Community Details
Overview
- Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, security, sewer, trash, water
 - Ocean Hammock Poa/Cinnamon Beach Condo Assn Association
 - Ocean Hammock Subdivision
 - On-Site Maintenance
 
Amenities
- Community Barbecue Grill
 - Clubhouse
 - Community Storage Space
 
Recreation
- Community Beach Access
 - Fitness Center
 - Community Spa
 - Children's Pool
 
Security
- Gated Community
 - High Impact Windows
 - Fire and Smoke Detector
 - Fire Sprinkler System
 
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,548 | $697,500 | -- | $697,500 | 
| 2023 | $9,548 | $639,375 | $0 | $0 | 
| 2022 | $8,419 | $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 | 
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale | 
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | For Sale | $875,000 | +25.0% | $520 / Sq Ft | |
| 12/17/2023 12/17/23 | Off Market | $700,000 | -- | -- | |
| 02/22/2023 02/22/23 | Sold | $700,000 | -12.5% | $416 / Sq Ft | View Prior Sale | 
| 01/27/2023 01/27/23 | Pending | -- | -- | -- | |
| 10/28/2022 10/28/22 | For Sale | $800,000 | +8.7% | $476 / Sq Ft | |
| 12/23/2021 12/23/21 | Sold | $736,000 | +0.1% | $438 / Sq Ft | View Prior Sale | 
| 11/24/2021 11/24/21 | Pending | -- | -- | -- | |
| 11/18/2021 11/18/21 | For Sale | $735,000 | +78.0% | $437 / Sq Ft | |
| 05/10/2017 05/10/17 | Sold | $413,000 | -2.8% | $246 / Sq Ft | View Prior Sale | 
| 04/30/2017 04/30/17 | Pending | -- | -- | -- | |
| 01/11/2017 01/11/17 | For Sale | $425,000 | -- | $253 / Sq Ft | 
Purchase History
| Date | Type | Sale Price | Title Company | 
|---|---|---|---|
| Warranty Deed | $736,000 | Select Title | |
| Warranty Deed | $195,000 | Covenant Closing & Title Svc | |
| Warranty Deed | $295,000 | Suncoast Title Insurance Age | |
| Condominium Deed | $493,900 | Commerce Title | 
Mortgage History
| Date | Status | Loan Amount | Loan Type | 
|---|---|---|---|
| Previous Owner | $543,750 | New Conventional | |
| Previous Owner | $393,310 | Purchase Money Mortgage | |
| Closed | $50,300 | No Value Available | 
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2115103
APN: 04-11-31-3513-00000-0624
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