NOT LISTED FOR SALE

700 Cinnamon Beach Way Unit 663 Palm Coast, FL 32137

Estimated Value: $744,000 - $836,000

3 Beds
2 Baths
1,344 Sq Ft
$153/mo HOA Fee

Last Sold October 31, 2022

Last sale price $765,000 $569 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,299/month

7 Days on Market

Highlights

  • 145 Feet of Waterfront
  • Beach Access
  • Penthouse
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of October 2022

The morning sunrises are amazing from this CINNAMON BEACH DIRECT OCEANFRONT PENTHOUSE CONDO. The Cinnamon Beach community is tucked away along the Atlantic ocean. The amenities features a two story oceanfront pool complex with direct beach access, a tranquil lakeside pool complex with splash pad, seasonal bistro restaurant, fitness center, adult lounge and game room. Cinnamon Beach is conveniently located in the Hammock Northern Peninsula close to shopping and restaurants, just 10 minutes from trendy Flagler Beach, 30 minutes from Historic St. Augustine. This condo is SOLD fully furnished (minus some personal artwork and items), it offers 3 Bedrooms / 2 Bathrooms, high ceilings with an open floor plan and a large extended balcony. The kitchen features all stainless appliances, granite countertops and recessed lighting. Tile and engineered hardwood floors throughout the main living areas. Owners are provided with storage space under the building in the parking garage area (this condo's storage space is a little larger than others). AC replaced in July 2019, Hot Water Heater replaced December 2020 This condo is well established as a vacation rental and provides great rental income. Schedule your showing today!

Last Agent to Sell the Property

Anthony Lombardo

COASTAL GATEWAY REAL ESTATE GR License #3013220 Listed on: 09/09/2022

Co-Listed By

ANDREW KALCOUNOS

COASTAL GATEWAY REAL ESTATE GR License #3063166

Last Buyer's Agent

ANGIE THOMAS

LPT REALTY LLC (PALM COAST) License #3423697

LPT REALTY LLC (PALM COAST)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 2004

Lot Details

  • 145 Feet of Waterfront
  • West Facing Home

HOA Fees

  • $153 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Beach Access
  • Water Access
  • Balcony

Utilities

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

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Large pets allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,691

Year Built

Built in 2004

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1344
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 13050
  • Directions to Property: Palm Coast Pkwy through Dunes Toll Bridge. Stay straight on Hammock Dunes Pkwy. Right on Hotel Trace Blvd. Left onto Ocean Way Blvd. Head west on Ocean Way at the traffic circle. Take the 1st exit onto Cinnamon Beach Pl. Turn left onto Cinnamon Beach Way/Cinnamon Beach Ln Destination and will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285897?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285897?w=Customer
  • Floor Number: 6
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Other Fees Amount: 422
  • Property Description: Penthouse
  • Ratio: Close Price\List Price: 0.97452
  • Price per Sq Ft: 569.2
  • Close to Original List Price Ratio: 0.97452
  • View: Yes
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-2380
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 6
  • Street Number Modifier: 700
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Atlantic Ocean
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • 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: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Available
  • 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, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Sidewalk, Special Community Restrictions, 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
  • Complex Community Name NCCB: CINNAMON BEACH
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0663
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: No Minimum
  • Pet Restrictions: See Deed Restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Deed Restrictions

Tax Info

  • Tax Annual Amount: 5690.68
  • Tax Block: 00000
  • Tax Book Number: 571
  • Tax Lot: 0663
  • Tax Other Annual Assessment Amount: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Wecker Liberty N
Bought by
663 Cinnamon Beach Estates Llc
Current Estimated Value
$779,555

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 21, 2022
Sold by
Taylor Bron R and Taylor Beth Ann
Bought by
Wecker Liberty N
Seller's Agent
Anthony Lombardo
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
ANGIE THOMAS
LPT REALTY LLC (PALM COAST)
List Price
$785,000
Sold Price
$765,000
Premium/Discount to List
-$20,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$535,500
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Grullon Carlos
Bought by
Taylor Bron R and Corey Taylor Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.78%
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
663 Cinnamon Beach Estates Llc -- None Listed On Document
Wecker Liberty N $765,000 Sunbelt Title
Taylor Bron R $760,000 --
Grullon Carlos $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wecker Liberty N $535,500
Previous Owner Taylor Bron R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $765,000 -2.5% $569 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $785,000 -- $584 / 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 $9,845 $682,200 -- $682,200
2023 $9,845 $682,200 $0 $682,200
2022 $6,890 $568,500 $0 $568,500
2021 $5,691 $379,000 $0 $379,000
2020 $5,777 $379,000 $0 $379,000
2019 $5,860 $379,000 $0 $379,000
2018 $5,685 $362,000 $0 $362,000
2017 $5,182 $324,300 $0 $0
2016 $5,286 $324,300 $0 $0
2015 $5,087 $309,100 $0 $0
2014 $5,053 $309,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Lombardo

    Seller's Agent in 2022

    Anthony Lombardo

    COASTAL GATEWAY REAL ESTATE GR

    (386) 931-5279

    215 in this area

    265 Total Sales

    Anthony Lombardo
    Section Image
  • ANDREW KALCOUNOS

    Seller Co-Listing Agent in 2022

    ANDREW KALCOUNOS

    COASTAL GATEWAY REAL ESTATE GR

    (386) 986-8669

    180 in this area

    229 Total Sales

    ANDREW KALCOUNOS
    Section Image

  • A

    Buyer's Agent in 2022

    ANGIE THOMAS

    LPT REALTY LLC (PALM COAST)

    (386) 986-0069

    38 in this area

    76 Total Sales

    ANGIE THOMAS
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC285897

Stellar MLS

APN: 04-11-31-3513-00000-0663

Florida Flagler County Palm Coast 32137

700 Cinnamon Beach Way Unit 663, Palm Coast, FL

This home is located at 700 Cinnamon Beach Way Unit 663, Palm Coast, FL 32137 since 09 September 2022 and is currently estimated at $779,555, approximately $580 per square foot. This property was built in 2004. 700 Cinnamon Beach Way Unit 663 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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