Welcome to 19 Cinnamon Beach Way, a spectacular 3 bed/2. 5 bath house on the golf course in the magnificent seaside community of Cinnamon Beach at Ocean Hammock. This beautiful residence is the ideal beach house located in a scenic gated community, with amazing neighborhood amenities, convenient access to an unspoiled cinnamon-colored beach, and incredible vacation rental opportunities.
After driving the gorgeous, oak-lined journey to the security-gated entrance, the Ocean Hammock community greets its guests with tropical flora and fauna, beautifully manicured landscaping, and uniquely custom coastal homes. As soon as you open your car door, you are welcomed by a fresh ocean breeze and the undeniable fragrance of salty ocean air. The home’s exterior is fresh and inviting, with brightly-painted teal doors, white trim accents, and crisp white railings on the east-facing balcony. The 2nd-floor entryway has an impressive 8-foot-high glass door that is framed with glass window casings and a transom window, allowing natural light to pour into the inviting foyer. The foyer feels light and airy with 15-foot ceilings and coastal chandelier lighting that escort you up the stairs to a spacious, open floorplan. The main living level features a gourmet kitchen, elegant dining room and comfortable family room. The entire second floor has durable luxury vinyl plank floors, 10-foot ceilings, and a generous number of impact-glass windows and doors that keep the entire space naturally bright throughout the day. The kitchen has contemporary, maple shaker cabinets, granite countertops, stainless steel appliances, and a peninsular bar that accommodates two barstools for easy entertaining. The family room has impressive tray ceilings that define the space and it has two, 8-foot-high, glass French doors which lead to a large balcony with more beautiful views of the tropical community. Kick your feet up and feel the ocean breeze! The dining room is directly adjacent to the kitchen and comfortably seats 8 people for effortless entertaining. A hallway from the main living space leads to the master suite, featuring a large walk-in closet and a private balcony facing West- perfect for viewing vibrant evening sunsets overlooking the area’s renowned Jack Nicklaus Signature Ocean Course. The master bathroom offers modern tile floors, a double vanity, granite countertops, a soaking bathtub, walk-in shower, private water closet, and large windows for ideal lighting. The second floor also contains a centrally located laundry room and convenient powder bathroom off the kitchen.
The downstairs offers a game/flex room and two plush guest suites that share a Jack-and-Jill bathroom. The game room has glass French doors that open to a cozy lanai with ample space for chaise lounges and a grill. Adjacent to the patio is a grass lawn ideal for tossing the football or kicking the soccer ball with the kids. There’s room for a small pool or hot tub if you’d like to add one. Say goodbye to yardwork- the HOA takes care of all lawn maintenance, including mowing, irrigation and landscaping. Walk to the beach! Phenomenal community amenities including: oceanfront pool and hot tub, lakeside pool and kids’ water park, beach access, fitness center, seasonal bar & grill, business center, club house with lounge, game room and more. Fantastic rental opportunity through Cinnamon Beach Vacations. This is amazing home at a price that can’t be beat. Don’t delay!
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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 | $783,200 | $783,200 | $783,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $766 | $766 | $766 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,080 | $5,015 | $6,876 |
Total Monthly Payment | $5,938 | $5,873 | $7,734 |
* 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.