512 Cinnamon Beach LANE, Palm Coast, FL, 32137 | $3,900,000

Stunning Oceanfront Escape with New Custom Pool & Spa in Cinnamon Beach. Step into luxury at this breathtaking 5-bedroom, 5. 5-bathroom custom-built home in Cinnamon Beach, now featuring a brand-new, resort-style pool and spa with a gorgeous leathered marble deck. This oceanfront masterpiece offers unparalleled views and direct access to the beach via a private walkover, making it the ultimate seaside retreat. The home’s sleek, modern design features sky-high ceilings, an abundance of natural light, and a thoughtfully designed layout perfect for comfort and functionality.

The lower level boasts two-bedroom en suites, a spacious entertaining area, and a laundry room, ideal for guests or extended family stays. On the second floor, an open-concept main living area and chef’s kitchen take center stage, offering panoramic Atlantic views. The kitchen boasts solid custom cabinetry, a coffee bar, secondary sink, and a spacious pantry, with sliding glass doors leading to a screened balcony perfect for entertaining. Front and back balconies on the second and third floors are ideal for enjoying stunning sunrises and sunsets, while a den or flex room on each level adds versatility to the space.

The top-floor primary suite is a haven of luxury, complete with a private balcony to enjoy sunrise ocean views, an additional laundry room for convenience, and an attached sitting area or office overlooking the ocean. The spa-like en suite features separate temperature-controlled his-and-her shower spaces. Every bedroom is accompanied by its own full bathroom, ensuring comfort and privacy for all.

Cinnamon Beach is the only luxury single-family home short-term rental community in the area, offering an array of world-class amenities, including ocean and lakeside pools, a splash pad, fitness center, bar and grille, and more. Whether you're looking for a personal sanctuary or a high-performing investment property, this home delivers on all fronts. Don’t miss your chance to tour this remarkable property with its new custom pool and spa. Schedule your private showing today!

Features

  • Elevator: Y
  • Rooms: 13
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Laundry: Laundry Room
  • Style: Key West
  • Year Built: 2013
  • Garage: 2-car Garage Door Opener
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 5,040
  • Acreage: 0.14
  • Est. Taxes: $31,750
  • HOA Fee: $516 Quarterly
  • Lot Desc: Near Golf Course
  • View: Trees/Woods, Water
  • Pool: Heated, In Ground, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Purifier
  • MLS#: FC305559
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/FC305559/512cinnamonbeachlane_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 12/13/2024 1:45:02 AM)
Listing courtesy of ZANDER BURGER REAL ESTATE LLC   Phone: 386-931-2999

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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

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Our Insurance Division:

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512 Cinnamon Beach LANE, Palm Coast, FL, 32137

$3,900,000

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 $3,120,000 $3,120,000 $3,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.510% 6.599%
Monthly Tax Payment $2,646 $2,646 $2,646
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,978 $19,465 $26,965
Total Monthly Payment $22,749 $22,236 $29,736

* 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.