tomo logo

$1,395,000

Beds
5
Baths
4.5
sq ft
3,770

55 Cinnamon Beach Way, Palm Coast, FL 32137

55 Cinnamon Beach Way

PALM COAST, FL 32137

  • 171 days on market
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!

Details

Property type

Single Family Residence

Est. home value

$1,318,420

Lot size

7,275 sq ft

Price per sq ft

$371

Year built

2020

Annual property taxes

$14,659

Monthly HOA fee

$172

Price History

05/24/2024
StellarMLS

StellarMLS #FC300535

Listed
$1,395,000
05/23/2024
StellarMLS

StellarMLS #FC300535

Removed
$1,395,000
05/22/2024
StellarMLS

StellarMLS #FC300535

Listed
$1,395,000
+64.31%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Restaurant, Sidewalks

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

$889,382
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$394,018
Cash to seller
$889,382

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

November 2020

Original loan amount

$510,400

Est. remaining balance

$394,018

Interest rate

2.36%

Loan type

New Conventional, 15 year

Seller

Brandon L Mccuin and Jill Buckthal Mccuin Buckthal

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: 11/09/2024 at 11:55 AM

Listing updated: 10/18/2024 at 10:15 AM

Listed by: Luke O'Reilly, HAMMOCK REAL ESTATE GROUP Phone #: (386) 246-9934

MLS: StellarMLS #FC300535

StellarMLS logo

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