Price History
$898,000
10/21/2024
$899,000
10/21/2024
700 CINNAMON BEACH Way, #624, Palm Coast, FL, 32137
6 rooms
3 beds
2 Full baths
2004
1,682 sqft
**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.
Status:
Active
Type:
Condo
Furnished Remarks:
Furnished
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Complex:
Ocean Hammock
Garage:
2-car
Heating:
Central
Cooling:
Central Air
Parking:
Community Structure, Covered
Common Charge:
$886 Monthly
Est. Taxes:
$9,548
HOA Fee
$886
Current Use
Multi-Family
Construction
Concrete, Stucco
Utilities
Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Other
View Description:
Beach, Ocean
Amenities:
Beach Access, Children's Pool, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Management - Full Time, Security
Waterfront:
Yes
Appliances:
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
MLS #:
2052922
Community Info
School Info
Walk Score
Yelp
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