55 Cinnamon Beach WAY, Palm Coast, FL, 32137 | $1,395,000

Welcome to 55 Cinnamon Beach Way, a spectacular 5 bed/4. 5 bath, Cinnamon Beach pool home near the ocean. After driving the scenic, 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 bright and inviting, with brightly-painted blue stucco, crisp trim accents, nautical carriage lights, and contemporary railings on the east-facing balcony. The first-floor entryway has an impressive 8-foot-high glass door that is framed with glass window casings, allowing natural light to pour into the inviting foyer. The foyer feels open and bright with 10-foot ceilings, 24x24 oversized polished tile floors, and coastal pendant lighting that escort you down a hallway to a large game room completed with a wet-bar and powder bathroom. A 4-panel, 8-foot-high sliding glass door opens to the magnificent courtyard pool. The lagoon-blue pool provides ample privacy and beckons a refreshing dip after a fun day at the beach. The pool patio has upgraded paver decking, an outdoor shower and ample space for chaise lounges and a grill. Just past the game room and pool courtyard are 3 guest bedrooms. Two guest bedrooms share a jack-and-jill bathroom, and one guest bedroom is an en suite with a full private bathroom. Two of the guest bedrooms are king-suites that have double French doors opening to a large covered patio. Adjacent to the patio is a shaded grass lawn ideal for the young ones to play. The 2nd floor consists of the main living space, an en-suite bedroom, and the master suite. The open living space features a kitchen, a dining room, a family room, and a living room. The entire second floor has durable engineered-wood 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, bright shaker cabinets, granite countertops, a large pantry, stainless steel appliances, and a picture window that frames views of a glistening pond and lush green landscape. The family room has impressive tray ceilings that define the space and two 8-foot-high glass French doors, which showcase beautiful views. The dining room is directly adjacent to the kitchen and comfortably seats 10 for effortless entertaining. The nearby living room also seats 6-8, making it easy for large groups to simultaneously enjoy each-other’s company. The guest en-suite shares a bathroom accessible for guests utilizing the main living space. The impressive master suite extends the entire width of the home. The master bedroom has a large walk-in closet, a private balcony facing East for viewing vibrant morning sunrises. Sizeable bathroom features modern tile floors, two freestanding, quartz-countertop vanities, freestanding bathtub, large walk-in shower with a rain shower head, private water closet, and 3 windows for ideal lighting. The 2nd floor also contains a laundry room and linen closet for extra storage. Short walk to the beach! Phenomenal community amenities include oceanfront pool, lakeside pool, kids' water park, beach access, fitness center, seasonal bar & grill, business center, game room and so much more. Fantastic rental through Cinnamon Beach Vacations. Don't delay!

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Rooms: 13
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 2020
  • Garage: 2-car Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,770
  • Acreage: 0.17
  • Est. Taxes: $14,659
  • HOA Fee: $516 Quarterly
  • View: Water
  • Pool: In Ground
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC300535
  • Days on Market: 147 days
  • Website: https://www.raveis.com
    /eprop/FC300535/55cinnamonbeachway_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 12/23/2024 9:32:08 AM)
Listing courtesy of HAMMOCK REAL ESTATE GROUP   Phone: 386-246-9934

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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
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Our Insurance Division:

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55 Cinnamon Beach WAY, Palm Coast, FL, 32137

$1,395,000

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 $1,116,000 $1,116,000 $1,116,000
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 7.620% 6.735% 6.806%
Monthly Tax Payment $1,222 $1,222 $1,222
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,238 $7,146 $9,798
Total Monthly Payment $8,585 $8,493 $11,145

* 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.