14 days on rocket

700 Cinnamon Beach Way Unit 624, Palm Coast, FL, 32137

$899,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,682 SqFt
$534/SqFt
Condo

Location

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700 Cinnamon Beach Way Unit 624, Palm Coast$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCommunity Structure, Covered
Garage2 spaces
Year Built2004
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewBeach, Ocean
MLS #2052922
StatusActive

About 700 Cinnamon Beach Way Unit 624

**Turnkey Investment Opportunity - Fully Furnished 3-Bed/2-Bath Condo with direct ocean views from the private balcony. This *rental-ready*, fully furnished unit is an investor's dream or the perfect seasonal retreat. Located in the coveted Cinnamon Beach community, this spacious maintenance free residence features modern luxury wood-look tile floors in main living areas, sleek black appliances, granite countertops, and a convenient breakfast bar in the kitchen. The open living area is ideal for unwinding after a day at the beach, with sliding doors leading to an oversized oceanfront balcony overlooking the adjacent beach walkway, well manicured dunes, white sand beach and relaxing sounds of the ocean surf! Enjoy morning coffee on the balcony or take a short stroll via a private walkway to the beach. The master suite boasts ocean views, balcony access, dual walk-in closets, a garden tub, and a separate tiled shower. Recent updates include new windows, fresh paint, plantation shutters, and appliances (all replaced in 2023). A new AC and water heater were installed in 2021. The Cinnamon Beach community offers exceptional amenities: manned guard gated access, well appointed Lakeside clubhouse with a lakeside pool, kids slide and splash pad, fitness center, game room, grill and bar, adult lounge and onsite management staff. A second ocean front pool offering lap lanes, plenty of pool side lounge area, seating areas for relaxing sea-side or visiting and an oceanside grill all designed for guests and residents over 18. With an average of 20 nights booked per month thru August 2024 and over $31,000 in revenue, this condo is a proven income generator with an easy 3-night minimum rental stay policy. Additional perks include underground parking for owners (permit required), a storage cage for bikes, recreation & outdoor beach gear, and easy access to Flagler Beach. Full memberships to the Ocean Hammock Club and golf are available for purchase.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 6
  • Living Area: 1,682 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ST JOHNS
  • Listing Agent: CHRISTINA WELCH

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Eat-in Kitchen, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: Beach, Ocean
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Community Structure, Covered

Virtual/3D Tour

  • 3D Tour: 700 Cinnamon Beach Way Unit 624
3D Tour

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Matanzas High School, Public District Grades 9-12
  • Indian Trails Middle School, Public District Grades 6-8
  • Old Kings Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Palm Coast Pkwy East to Hammock Dunes bridge, continue straight on Hammock Dunes Pkwy, right at Ocean Hammock/Cinnamon Beach toward guard gate, go thru 2nd gate take left at stop sign & follow signs to condos

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $534/SqFt

HOA Fees:

  • Amount: $886
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Palm Coast, FL.

Med. Sold Price

$359.8K

Med. Price/SqFt

$198

Avg. Days On Market

77

# of Sold Homes

199

700 Cinnamon Beach Way Unit 624 vs Palm Coast

14 DAYS ON ROCKET

-63 Days

$899,000

+$539.1K More

$534/SqFt

+$335 More

KEY TAKEAWAY

This property is $539.1K more than the Median Sold Price and $335/SqFt more than other homes in Palm Coast, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2052922

Listing Office:

  • Office Name: KELLER WILLIAMS ST JOHNS
  • Listing Agent: CHRISTINA WELCH

Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:53:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1972679
9
/10
  • Old Kings Elementary School

  • 301 Old Kings Rd S

  • 8.69 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1972680
7
/10
  • Indian Trails Middle School

  • 5505 Belle Terre Pkwy

  • 4.63 miles

  • Public District Grades 6-8

High School

school-card-donut-1972681
5
/10
  • Matanzas High School

  • 3535 Old Kings Rd N

  • 3.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,640. The majority of Palm Coast, FL residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Cinnamon Beach Way Unit 624

What is the listing price of this property?

The listing price of 700 Cinnamon Beach Way Unit 624 property is $899,000.

What type of property is this?

The property 700 Cinnamon Beach Way Unit 624 is a condo located in Palm Coast, Florida, 32137.

Is this property for sale now?

Active Listing: 700 Cinnamon Beach Way Unit 624 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 700 Cinnamon Beach Way Unit 624 are:
Old Kings Elementary School: GreatSchools Rating 9/10
Indian Trails Middle School: GreatSchools Rating 7/10
Matanzas High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 700 Cinnamon Beach Way Unit 624 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 700 Cinnamon Beach Way Unit 624 is 1,682 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Cinnamon Beach Way Unit 624 is 2004.

Rocket Homes›Florida›Flagler County›Palm Coast›32137›700 Cinnamon Beach Way Unit 624

This home is located at 700 Cinnamon Beach Way Unit 624 in Palm Coast, FL and zip code 32137 in the Ocean Hammock neighborhood. This 1,682 square foot home was built in 2004. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $899,000.

Over 8 listings were sold over their listed price in October 2024 in Palm Coast, FL. In the same period over 159 listings were sold below the listed price and 32 listings were sold for the listed price. The number of homes for sale in Palm Coast, FL decreased by 0.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $359,878, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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