tomo logo

$1,425,000

Beds
4
Baths
4.0
sq ft
3,626

12 Cinnamon Beach Way, Palm Coast, FL 32137

12 Cinnamon Beach Way

PALM COAST, FL 32137

  • 28 days on market
Coastal Luxury Living with Investment Potential! Welcome to this stunning 4-bedroom, 3 full and 2 half bath pool home located in a gated beach community. Offering the ultimate in comfort and style, this fully furnished residence is built to last with solid block construction on all three stories. The home's thoughtfully designed layout includes an elevator for seamless access to every floor, a spacious third-floor balcony with breathtaking lake views, and an outdoor oasis featuring a private pool/spa and an outdoor kitchen—perfect for entertaining or unwinding. Designed for peace of mind, the home includes hurricane-rated Magnatrack screens, providing exceptional protection while maintaining a sleek look. This exceptional property is located in one of the few areas that permits luxury short-term rentals, making it an ideal investment opportunity or the perfect full-time residence. This home is turn-key and comes fully furnished! Cinnamon Beach at Ocean Hammock – a slice of paradise! Nestled within a gated community offering 24-hour security and lighted streets, this sought-after neighborhood is a haven for relaxation and recreation. Residents enjoy exclusive access to a stunning oceanfront clubhouse featuring a seasonal restaurant, a fully-equipped fitness center, and a comfortable lounge area for gatherings. Dive into luxury living with two sparkling pools – one overlooking the ocean and another lakefront – perfect for soaking up the Florida sunshine. Families will adore the splash pad, making this community ideal for all ages. Whether you’re savoring the lake views, enjoying nearby beach access, or capitalizing on rental income potential, this home truly offers the best of coastal living and investment flexibility. Don’t miss this opportunity to live in one of Florida’s most enchanting coastal communities! Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$1,526,888

Lot size

6,011 sq ft

Price per sq ft

$393

Year built

2011

Annual property taxes

$16,310.42

Monthly HOA fee

$172

Price History

11/24/2024
StellarMLS

StellarMLS #FC305428

Listed
$1,425,000
-3.32%
09/04/2024
StellarMLS

StellarMLS #FC298388

Removed
$1,474,000
08/08/2024
StellarMLS

StellarMLS #FC298388

Price change
$1,474,000
-4.84%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Ohio Valley Bank Company

Loan start date

August 2022

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Commercial, 30 year

Seller

Riad Hanna and Emin George Atik

Lender

The Ohio Valley Bank Company

Loan start date

August 2022

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Commercial, 30 year

Seller

Riad Hanna and Emin George Atik

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 5:20 AM

Listing updated: 11/25/2024 at 6:51 AM

Listed by: M. Gina DosSantos, LIVIN PARADISE REALTY LLC Phone #: (386) 276-3600

MLS: StellarMLS #FC305428

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