tomo logo

$869,000

Beds
3
Baths
2.0
sq ft
1,682

900 Cinnamon Beach Way Unit 842, Palm Coast, FL 32137

900 Cinnamon Beach Way Unit 842

PALM COAST, FL 32137

  • 177 days on market
    • Price drop $26,000↓
Discover the epitome of coastal living with this captivating 4th-floor Coastal Contemporary condo, featuring 3 bedrooms and 2 full bathrooms. Perfect for personal enjoyment or as a vacation rental, this spacious condo offers breathtaking ocean views from almost every room, thanks to its open-concept design. The well-appointed kitchen is complete with wood cabinets, granite countertops, stainless steel appliances, and a convenient pantry. Wake up each morning in the Owners Retreat to the soothing sound of waves and stunning beach vistas. This serene space includes a walk-in closet and a spa-like ensuite bathroom with a separate shower, garden tub, and dual vanities. Start your day with a cup of coffee on the spacious balcony, soaking in the sunrise over the ocean. Located in the idyllic coastal community of Cinnamon Beach at Ocean Hammock, you’ll have access to pristine beaches via a boardwalk, as well as oceanside and lakeside pools, a grille, fitness center, clubhouse, and more. Additional memberships to the luxurious Hammock Beach Resort are available, offering world-class amenities such as multiple restaurants, a pool pavilion with five pools, a water slide, lazy river, full-service spa, fitness facility, clay tennis courts, boating marina, and the renowned Signature Ocean Course. Don’t miss this opportunity to own a piece of paradise. Call today to secure your exclusive showing!

Details

Property type

Condominium

Est. home value

$761,259

Lot size

0.3 acres

Price per sq ft

$517

Year built

2003

Annual property taxes

$8,545.49

Monthly HOA fee

$886

Price History

12/19/2024
StellarMLS

StellarMLS #FC301351

Price change
$869,000
-2.91%
06/29/2024
StellarMLS

StellarMLS #FC301351

Listed
$895,000
+1.13%
02/20/2024

FGCMLS #223081189

Sold
$885,000
+96.67%

Schools & Community

Elementary school: 

Old Kings Elementary

Middle school: 

Indian Trails Middle-FC

High school: 

Matanzas High

Community features: 

Gated, Clubhouse, Fitness Center, Golf, 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

$479,284
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$320,196
Cash to seller
$479,284

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

Seller’s Loan History

Lender

Seacoast National Bank

Loan start date

September 2018

Original loan amount

$360,000

Est. remaining balance

$320,196

Interest rate

4.59%

Loan type

New Conventional, 30 year

Seller

Michael Scarberry

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 6:10 AM

Listing updated: 12/19/2024 at 4:15 PM

Listed by: Anthony Lombardo, COASTAL GATEWAY REAL ESTATE GR Phone #: (386) 338-5000

MLS: StellarMLS #FC301351

StellarMLS logo

Recently listed in PALM COAST