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20 Cinnamon Beach WAY, Palm Coast, FL, 32137 | $1,450,000
Investor Alert! Spectacular Lakefront Fully Furnished Turnkey Vacation Rental Home in Luxury Gated Community - Cinnamon Beach. Use it as your primary residence, private vacation beach home or as an investment income producing property.
Welcome to your dream home at Cinnamon Beach, one of the few 6 bedrooms 6 full baths homes listed on the market located at the only luxury short-term rental community in the area. This beautifully furnished lakefront residence complete with 6 bedrooms and 6 bathrooms, including two luxurious owner suites with built-in closet systems. Whether you're looking for a family retreat or a profitable investment, this property is ready to meet your needs.
Features and Upgrades:
A modern pool and spa, added in 2018, and pool heater added in 2023, perfect for relaxation and entertaining.
All six bathrooms were completely remodeled in 2022, bringing a fresh and contemporary feel to the home.
Recently updated appliances, including a new refrigerator, dishwasher, washer, dryer, and hot water heater, ensuring comfort and convenience.
The beautiful chef’s kitchen has an ice maker, wine fridge, propane cooktop and double oven.
Three balconies on the second floor, offering breathtaking views of the sunrise and sunset, ideal for morning coffee or evening relaxation.
Community Amenities:
As a resident of Cinnamon Beach, you'll have exclusive access to resort-style amenities that are unparalleled in the area. Enjoy the spacious clubhouse with a restaurant and bar, a fully-equipped fitness center, oceanfront and lakeside pools, splash pool, and a splash park. With direct beach access, you can take a leisurely stroll to the shore or spend the day by the private lakefront pool and spa at your home.
Investment Opportunity or Family Residence:
Cinnamon Beach offers the unique flexibility to use your home as a luxury short-term rental, providing an excellent investment opportunity. Alternatively, enjoy the peace and tranquility of this gated community as your private family residence. The choice is yours. This house is currently being used as a short term rental, rental history can be provided upon request.
A separate and optional membership can be acquired at the Hammock Beach resort.
Don't miss your chance to own this exceptional lakefront home in one of the most sought-after communities. Schedule your private tour today and experience the luxury, comfort, and versatility that Cinnamon Beach has to offer.
Features
- Amenities: Clubhouse, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Vehicle Restrictions
- Rooms: 11
- Bedrooms: 6
- Baths: 6 full
- Laundry: In Kitchen, Inside, Laundry Room
- Style: Key West
- Year Built: 2005
- Garage: 2-car
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 3,289
- Acreage: 0.14
- Est. Taxes: $8,096
- HOA Fee: $946 Quarterly
- View: Water
- Elem. School: Old Kings Elementary
- Middle School: Indian Trails Middle-FC
- High School: Matanzas High
- Pool: Child Safety Fence, Gunite, Heated, In Ground, Salt Water
- Pet Policy: Yes
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- MLS#: FC300539
- Days on Market: 197 days
- Website: https://www.raveis.com
/eprop/FC300539/20cinnamonbeachway_palmcoast_fl?source=qrflyer
Listing courtesy of COASTAL REALTY PROS LLC Phone: 386-931-0580
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
20 Cinnamon Beach WAY, Palm Coast, FL, 32137
$1,450,000
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 | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
| Monthly Tax Payment | $675 | $675 | $675 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,428 | $7,428 | $10,185 |
| Total Monthly Payment | $8,228 | $8,228 | $10,985 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388