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Flagler 32137
55 Cinnamon Beach WAY
$1,395,000
House - For Sale

55 Cinnamon Beach WAY

PALM COAST, FL 32137
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3770 Sqft
$8,408
Est. Monthly
$336
HOA / Fees
1.41%
Cap Rate

About This Property

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!
Unit Size
3,770Ft²
Days on Market
44 days
Land Size
0.17 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,222
HOA Dues
$336
Year Built
2020

Listed By

Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
Last updated: 2 months ago (Stellar MLS #FC300535)

Price History

Date / Event Date Event Price
May 22, 2024 Listed by HAMMOCK REAL ESTATE GROUP $1,395,000
Listed by HAMMOCK REAL ESTATE GROUP
Nov 25, 2020 Sold to Brandon L Mccuin, Jill Buck... $849,000
Sold to Brandon L Mccuin, Jill Buck...
Sep 29, 2020 No longer available -
No longer available
Sep 25, 2020 Listed by HAMMOCK REAL ESTATE GROUP $839,000
Listed by HAMMOCK REAL ESTATE GROUP
Sep 10, 2015 Sold to Mehrdad Nikzad $140,000
Sold to Mehrdad Nikzad

Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Ceiling Fan(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile, Hardwood
Laundry Features: Laundry Room
Rooms: 13
Exterior Details
Square Footage: 3770
Square Footage Source: $0
Security Features: Gated Community, Security Gate
Year Built: 2020
Waterfront Features: Lake
Waterview: Lake
Building Area Total: 5335
Levels: Two
Window Features: Window Treatments
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
Pool Features: In Ground
Pool is Private
Lot Size Area: 7275
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7275
Tax Lot: 25
Water Source: Public
Financial Details
Tax Annual Amount: $14,659
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: 24-Hour Guard, Maintenance Grounds, Security
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub
HOA Fee: $516
HOA Fee Frequency: Quarterly
Condo/Coop Fee: $492
Condo/Coop Fee Frequency: Quarterly

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,275
  • Total Building Area: 3,769
  • Gross Building Area: 3,769
  • Building Area: 3,769
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,769
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: OCEAN HAMMOCK
  • Land Acres: 0.167
  • Legal Description 1: OCEAN HAMMOCK PARCEL A-5 PLAT ONE LOT 25 OR 867 PG 897 OR 1690/76 OR 2085/456 OR 2300/1040

Ownership

  • Current Owner : MCCUIN BRANDON L
  • Current Owner 2: BUCKTHAL JILL BUCKTHAL
  • Previous Owner : NIKZAD MEHRDAD
  • Previous Owner 2: THE NIKZAD FAMILY TRUST
  • Owner Before Previous Owner: KERNUS ARNOLD MARC
  • Owner Before Previous Owner 2: KERNUS DIANA LYNN

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060106

Zoning

  • Zoning: PUD

Geography

  • Parcel: 04-11-31-3512-00010-0250
  • Block: 1
  • Lot: 25
  • Meridian: SEC 04 TWN 11S RNG 31E
  • Municipality: HAMMOCK DUNES CDD AREA
  • Latitude: 29.5977
  • Longitude: -81.1857

    Address

  • Full Address: 55 Cinnamon Beach Way
  • Address - House Number: 55
  • Address - Street Name: Cinnamon Beach
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R048
  • 4-Digit Zip Code: 5324
  • Zip Code: 32137

Valuation

    Tax

  • Total Area: 5,335
  • Tax Year: 2022
  • Tax Amount: $12,401
  • Tax Rate Code Area: 071

    Appraisal Valuation

  • Standard Deviation: 0.1166
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 87
  • Final Value: 1,405,473
  • High Value: 1,569,436
  • Low Value: 1,241,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Market Valuation

  • Market Total Value: $930,650
  • Market Land Value: $168,300
  • Market Improvement Value: $762,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $930,650
  • Assessed Land Value: $168,300
  • Assessed Improvements Value: $762,350

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11804692644
  • Current Sale Price: $849,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2020049196
  • Previous Sale Recording Date: Sep 10, 2015
  • Previous Sale Contract Date: Sep 01, 2015
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Dec 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: ARNOLD MARC KERNUS ETAL
  • Previous Mortgage Transaction Date: Sep 10, 2015
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 18
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Apr 01, 2017

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6 Baths
3,289 ft²
$356/ft²
$1,170,000 Jan 22, 2023
$1,170,000 Apr 7, 2023
$1,118/mo
House
5 Beds
5 Baths
2,881 ft²
$408/ft²
$1,175,000 Oct 12, 2021
$1,175,000 Jan 6, 2022
$287/mo
House
4 Beds
5 Baths
2,999 ft²
$375/ft²
$1,125,000 Oct 19, 2023
$1,125,000 Jan 3, 2024
$1,277/mo
House
5 Beds
6 Baths
3,194 ft²
$373/ft²
$1,190,000 Aug 7, 2023
$1,190,000 Sep 19, 2023
$153/mo
House
4 Beds
5 Baths
2,999 ft²
$375/ft²
$1,125,000 Oct 19, 2023
$1,125,000 Jan 3, 2024
$323/mo
House
3 Beds
4 Baths
2,903 ft²
$388/ft²
$1,125,000 Jan 6, 2023
$1,125,000 Jun 30, 2023
$1,066/mo
House
4 Beds
6 Baths
3,626 ft²
$427/ft²
$1,549,000 Feb 29, 2024
-
$1,695/mo
House
6 Beds
6 Baths
3,289 ft²
$486/ft²
$1,599,000 May 6, 2024
-
$990/mo
House
4 Beds
4 Baths
3,654 ft²
$356/ft²
$1,299,000 Dec 20, 2023
-
$1,377/mo
House
4 Beds
3 Baths
3,666 ft²
$313/ft²
$1,149,000 Mar 18, 2024
-
$1,091/mo
Condo
4 Beds
3 Baths
2,179 ft²
$620/ft²
$1,350,000 Apr 11, 2024
-
$2,212/mo
Condo
3 Beds
3 Baths
1,676 ft²
$746/ft²
$1,250,000 Apr 23, 2024
-
$1,965/mo

About Flagler


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Frequently Asked Questions

When was property at 55 Cinnamon Beach Way built and last sold?
The property at 55 Cinnamon Beach Way was built in 2020 and last sold on Nov 17, 2020 for $849,000.
How much is this home worth?
The estimated value of the home located at 55 Cinnamon Beach Way is $1,366,006.
What are some comparable homes to 55 Cinnamon Beach Way?
Homes that are comparable to 55 Cinnamon Beach Way include a house property at 12 Cinnamon Beach Way, 20 Cinnamon Beach Way, 21 Cinnamon Beach Way.

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