700 CINNAMON BEACH WAY, #624, Palm Coast, FL, 32137 | $875,000

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!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
  • Complex: OCEAN HAMMOCK
  • Year Built: 2004
  • Common Charge: $510 Quarterly
  • Approx Sq. Feet: 1,682
  • Acreage: 0.3
  • Est. Taxes: $9,967
  • Condo Fee: $1,008 Monthly
  • View: Water
  • Elem. School: Old Kings Elementary
  • Middle School: Indian Trails Middle-FC
  • High School: Matanzas High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: FC313666
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/FC313666/700cinnamonbeachway_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 1/29/2026 11:02:08 AM)
Listing courtesy of KELLER WILLIAMS ST. JOHNS   Phone: 904-867-7694

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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700 CINNAMON BEACH WAY, #624, Palm Coast, FL, 32137

$875,000

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 $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.