300 Cinnamon Beach WAY, #261, Palm Coast, FL, 32137 | $949,000

Gorgeous penthouse-level corner condo in Cinnamon Beach at Ocean Hammock! Enjoy mesmerizing views from this spacious 3 bedroom/3 bathroom residence with massive balcony overlooking the Atlantic Ocean, and the famous par-3 8th hole of the Jack Nicklaus Signature Ocean Course. Tasteful fit-and-finish, including granite counters, 42-inch cabinets, and more. Soaring vaulted cathedral ceilings create a grandiose environment. Corner location features windows along the side of the condo, allowing for ample natural light and bright, feel. The largest floor plan in the community, this layout offers 2 bedrooms that have full bathrooms en suite, and the 3rd bedroom has easy access to a 3rd full bathroom that also serves as the common area bathroom. Separate laundry room, elegant entry foyer. Gather together in the living area with breathtaking ocean views, or unwind on your open-air tiled balcony and enjoy sunrises over the ocean. Fall asleep each night to the sounds of waves crashing on the shore! Top-floor location means you'll never have anyone above you, and offers the best views in the building. Storage cage in garage area conveys with the property. Walk to the community clubhouse with oceanfront pool and hot tub, lakeside pool with water slide, game room, fitness center, bar/grille and more!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Complex: OCEAN HAMMOCK
  • Year Built: 2005
  • Common Charge: $886 Quarterly
  • Approx Sq. Feet: 2,003
  • Acreage: 0.3
  • Est. Taxes: $6,838
  • Condo Fee: $492 Quarterly
  • View: Golf Course, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC305926
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/FC305926/300cinnamonbeachway_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 12/25/2024 12:01:02 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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300 Cinnamon Beach WAY, #261, Palm Coast, FL, 32137

$949,000

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 $759,200 $759,200 $759,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $570 $570 $570
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,924 $4,861 $6,718
Total Monthly Payment $5,586 $5,523 $7,380

* 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.