tomo logo

$739,000

Beds
3
Baths
3.0
sq ft
2,003

300 Cinnamon Beach Way Unit 251, Palm Coast, FL 32137

300 Cinnamon Beach Way Unit 251

PALM COAST, FL 32137

  • 409 days on market
    • Price drop $61,000↓
Highly desirable 3/3 Unit 251! Over 2,000 square feet of breathtaking views. Short stroll to the sun and sand. Enjoy miles of private beach, world class amenities, all within a short walk! The views from this 5th floor gem are to die for. Not only are you overlooking the Ocean Course, but the Atlantic Ocean is also in full effect. Upon entering, you will feel this condo is home away from home. No expense spared with furnishing and tasteful decor. You will find tons of natural sunlight spanning the entire west side of the property as this corner floor plan boasts windows for days! Schedule a tour before this one is gone!! Cinnamon Beach is a private-gated neighborhood within an exclusive community, a tranquil coastal gem located in Palm Coast, Florida, just 20 minutes south of St. Augustine, 30 minutes north of Daytona Beach & 75 minutes east of Orlando. Featuring 2.5 miles of pristine Cinnamon Beach, the community features a harmonious blend of magnificent Oceanfront, Ocean/Golf View & Lakeview condominiums and spectacular individual homes. As a guest staying at Cinnamon Beach, you gain access to the community's amenities. These amenities include the show-stopping oceanfront quiet pool, spa, lakeside family-friendly pool with a kid’s splash pad, Clubhouse with game room and lounge, fitness room, business room, seasonal grille, & multiple convenient beach access locations.

Details

Property type

Condominium

Est. home value

$782,269

Lot size

0.3 acres

Price per sq ft

$369

Year built

2005

Annual property taxes

$6,444.35

Monthly HOA fee

$164

Price History

10/14/2024
StellarMLS

StellarMLS #FC296012

Price change
$739,000
-7.63%
07/27/2024
StellarMLS

StellarMLS #FC296012

Removed
$800,000
04/27/2024
StellarMLS

StellarMLS #FC296012

Price change
$800,000
-5.77%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Restaurant

Negotiation Insights

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

Seller could get up to

$612,738
Asking price
$739,000
Closing costs (~8% of asking)
-$59,120
Est. remaining loan balance
-$67,142
Cash to seller
$612,738

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citibank

Loan start date

December 2019

Original loan amount

$74,501

Est. remaining balance

$67,142

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

James R Herman and Kathleen Herrman

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: 12/23/2024 at 2:25 PM

Listing updated: 10/15/2024 at 1:33 PM

Listed by: J. Scott Massey, CINNAMON BEACH REALTY Phone #: (386) 246-9934

MLS: StellarMLS #FC296012

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Recently listed in PALM COAST