NOT LISTED FOR SALE

700 Cinnamon Beach Way Unit 664 Palm Coast, FL 32137

Estimated Value: $823,000 - $944,000

3 Beds
2 Baths
1,684 Sq Ft
$153/mo HOA Fee

Last Sold August 31, 2021

Last sale price $665,000 $395 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,816/month

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Solid Surface Countertops

About This Home

As of August 2021

TOP FLOOR OCEANFRONT PENTHOUSE CONDO IN CINNAMON BEACH!! Breathtaking views from this elevated sixth floor condo in Cinnamon Beach at Ocean Hammock. Volume ceilings give this luxury condo an even bigger feel. Granite counters, 42" cabinets and mesmerizing views await you!! This property was never rented and owners took exceptional care!! Live full time or ask about rental revenue expectations with the areas premier rental agency!! AC is newer 2018 and brand new condenser replaced 2021. Water heater also replace recently - 2019. Turn key as property is offered fully furnished. Call today for a tour, it won't last!!

Last Agent to Sell the Property

J. Scott Massey

CINNAMON BEACH REALTY License #3294658 Listed on: 04/17/2021

Last Buyer's Agent

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,320

Year Built

  • Built in 2003

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,684 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-066
  • $60 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-Hour Guard, maintenance structure, ground maintenance, pest control
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085
  • Built by Centex
  • Property managed by May Management

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,320

Year Built

Built in 2003

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Structure, Maintenance Grounds, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 1684
  • Year Built: 2003
  • Directions to Property: East over Hammock Dunes Bridge to Ocean Hammock main gate.
  • Status: Sold
  • Escrow Street Name: 2298 Colbert Lane Palm Coast, FL 32137
  • Floor Number: 6
  • List Office Head Office Key Nume: 579203026
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 394.89
  • Planned Unit Development Yn: 1
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Aluminum Frames, Blinds, Double Pane Windows
  • Street Number Modifier: 700
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 156.45
  • Room Count: 0

Exterior Features

  • Exterior Features: Lighting
  • Roof: Tile
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View YN: 1

Garage/Parking

  • Parking Features: Under Building

Utilities

  • Utilities: Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pool
  • Association Name: Cinnamon Beach
  • Association: No
  • Security: Security Gate
  • Senior Community: No
  • Association #2 Fee: 460
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386-446-0085
  • Association 2 YN: 1
  • Management: Professional On Site
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-066
  • Lot Features: Interior Lot
  • Homestead YN: 0

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Annual Amount: 6320.35
  • Tax Other Annual Assessment Amount: 60

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Mccarthy Richard R and Mccarthy Jill
Bought by
Richard And Jill Mccarthy Family Trust and Mccarthy
Current Estimated Value
$860,642

Purchase Details

Listed on
Apr 17, 2021
Closed on
Aug 10, 2021
Sold by
Stelben John J and Stelben Rita M
Bought by
Mccarthy Richard R
Seller's Agent
J. Scott Massey
CINNAMON BEACH REALTY
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$645,000
Sold Price
$665,000
Premium/Discount to List
$20,000
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$495,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Stelben John J and Stelben Rita Marija
Bought by
Stelben John J and Stelben Rita M

Purchase Details

Closed on
Oct 21, 2004
Sold by
South James Gregory and South Nicewater J
Bought by
Stelben John J and Stelben Rita Marija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2004
Sold by
Centex Homes
Bought by
South James Gregory and South Nicewonder J
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
Richard And Jill Mccarthy Family Trust $100 None Listed On Document
Richard And Jill Mccarthy Family Trust $100 None Listed On Document
Mccarthy Richard R $665,000 Covenant Closing & Ttl Svcs
Stelben John J -- None Available
Stelben John J $825,000 --
South James Gregory $649,900 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Richard R $495,000
Previous Owner Stelben John J $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $665,000 +3.1% $395 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $645,000 -- $383 / 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 $10,644 $778,500 -- $778,500
2023 $10,644 $713,625 $0 $0
2022 $9,392 $648,750 $0 $648,750
2021 $6,486 $432,500 $0 $432,500
2020 $6,584 $432,500 $0 $432,500
2019 $6,679 $432,500 $0 $432,500
2018 $6,527 $412,600 $0 $412,600
2017 $6,463 $405,400 $0 $0
2016 $6,595 $405,400 $0 $0
2015 $6,347 $386,400 $0 $0
2014 $6,310 $386,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC266738

Stellar MLS

APN: 04-11-31-3513-00000-0664