500 Cinnamon Beach WAY, #452, Palm Coast, FL, 32137 | $899,000

Welcome to CINNAMON BEACH where you'll be mesmerized by Atlantic Ocean views and entertained by live golf action from the 8th and 9th holes of Hammock Beach Resort Ocean Course. This spacious residence with 3 bedrooms, 2 full bathrooms, gorgeous furniture and decor -- Yes this unit comes FULLY FURNISHED (Artwork and Rugs Not Included) and RENTAL READY!! Luxury Vinyl Plank and tile floors lay the foundation for the space, the kitchen comes equipped with sleek black appliances, granite counters and a breakfast bar. The living room is perfect for relaxing after a day at the beach! Enjoy your morning coffee while sitting on the oversized balcony or enjoy the view of the 8th green of WORLD CLASS Nicklaus Ocean Course! Cinnamon Beach ownership includes access to amenities such as a heated oceanfront lap pool, a lakeside pool with a splash pad, a fitness center, adult lounge, game room. Conveniently located close to Flagler Beach and a short drive to Historic St. Augustine. Schedule your exclusive showing today to see this breathtaking oceanfront Condo!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 6
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: OCEAN HAMMOCK
  • Year Built: 2005
  • Common Charge: $492 Quarterly
  • Approx Sq. Feet: 1,682
  • Acreage: 0.3
  • Est. Taxes: $7,682
  • Condo Fee: $886 Monthly
  • View: Golf Course, Water
  • Elem. School: Old Kings Elementary
  • Middle School: Indian Trails Middle-FC
  • High School: Matanzas High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC295475
  • Days on Market: 195 days
  • Website: https://www.raveis.com
    /prop/FC295475/500cinnamonbeachway_palmcoast_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/15/2024 7:47:08 PM)
Listing courtesy of COLDWELL BANKER PREMIER PROPERTIES (HAMMOCK)   Phone: 386-246-2380

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

500 Cinnamon Beach WAY, #452, Palm Coast, FL, 32137

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.876% 6.850%
Monthly Tax Payment $640 $640 $640
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,785 $4,665 $6,315
Total Monthly Payment $5,517 $5,397 $7,047

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.