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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!
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.972% |
| Monthly Tax Payment | $831 | $831 | $831 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,975 | $4,141 | $5,813 |
| Total Monthly Payment | $4,898 | $5,064 | $6,736 |
* 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.