528 CINNAMON BEACH LANE, Palm Coast, FL 32137 | MLS O5824511 | Listing Information | Mary Jo Williams | BHHS Florida Realty
Mary Jo Williams

Sales Professional
Cell: 352-516-6736
Office: 352-516-6736
MJWilliams99@hotmail.com
Spoken Languages: English
 

528 CINNAMON BEACH LANE,  Palm Coast, FL 32137

6 beds , 7 Full/7 Half baths
4,493 sqft
Status: Active
MLS#: O5824511
1of
Full Screen Photos
Photos
Map
Mary Jo Williams
352-516-6736

Last Updated: 5/28/2020 12:24 AM
Description for 528 CINNAMON BEACH LANE Palm Coast, FL 32137
CINNAMON BEACH | Rare offering and opportunity to command your own piece of Cinnamon Beach in the exclusive Ocean Hammock Community. FULLY FURNISHED (4,493 Heated, 6,814 Total Sqft) private residence features six-bedrooms, seven-bathrooms, three floors and boasts a saltwater pool/spa, elevator, game room, outdoor kitchen, and more. Expansive waterfront views, beach access, and gourmet kitchen. Currently operated as a vacation-rental property (YTD Income thru 10/31/19 $143,690.84). Similar homes in the community are selling at 1.73M - 1.9M. Property makes as an excellent Class A+ vacation rental or a beautiful second home. Cost Analysis Performed as Rental Property In: Rent - $172,428.00 Out: (Annual) Property Taxes - $21,247.00 (Annual) Estimated Insurance - $3,144.00 (Annual) Property Management (Optional) - $13,794.24 (Annual) Estimated Utilities/Lawn/Misc. $16,800.00 Total Costs - $54,985.24 Net: $117,442.76 Earn: Total yearly net equates to - $117,442.76 Total monthly gross equates to - $14,369.00
Price
$1,790,000
OCEAN HAMMOCK
Flagler
6
7 Full/7 Half
4,493 (approx)
O5824511
Active
Description
CINNAMON BEACH | Rare offering and opportunity to command your own piece of Cinnamon Beach in the exclusive Ocean Hammock Community. FULLY FURNISHED (4,493 Heated, 6,814 Total Sqft) private residence features six-bedrooms, seven-bathrooms, three floors and boasts a saltwater pool/spa, elevator, game room, outdoor kitchen, and more. Expansive waterfront views, beach access, and gourmet kitchen. Currently operated as a vacation-rental property (YTD Income thru 10/31/19 $143,690.84). Similar homes in the community are selling at 1.73M - 1.9M. Property makes as an excellent Class A+ vacation rental or a beautiful second home. Cost Analysis Performed as Rental Property In: Rent - $172,428.00 Out: (Annual) Property Taxes - $21,247.00 (Annual) Estimated Insurance - $3,144.00 (Annual) Property Management (Optional) - $13,794.24 (Annual) Estimated Utilities/Lawn/Misc. $16,800.00 Total Costs - $54,985.24 Net: $117,442.76 Earn: Total yearly net equates to - $117,442.76 Total monthly gross equates to - $14,369.00
Listing Information
Property Type: Single Family, 3+ Story
6 7 Full/7 Half
8 0.14 Acres 4,493 (approx)
2017 Yes-2 spaces Stucco
11//
OCEAN HAMMOCK
Crawlspace
Neighborhood
Room Information
Bathrooms
7 7
Washer
Interior Features
Microwave,Range,Refrigerator,Washer
Ceramic Tile
Central Air
Other, Central
Other
Exterior / Lot Features
2 Garage Spaces,
Stucco
Concrete
Other
0
PUD
Other
Driving Directions
Palm Coast Pkwy east, go over toll bridge. Go through 4 way stop. Right into Hotel Trace through Ocean Hammock Gate. Left onto Ocean Way Blvd into Cinnamon Beach.
Financial Considerations
$20397.03
Cash,Conventional,FHA,USDA Loan,VA Loan
Market Trends and Price History
Listing Price History

Palm Coast Real Estate

Palm Coast is located in Florida. Palm Coast, Florida 32137 has a population of 88,371.

The median household income in Palm Coast, Florida 32137 is $49,365. The median household income for the surrounding county is $45,327 compared to the national median of $50,013. The median age of people living in Palm Coast 32137 is 49 years.

Loading nearby sales and history ...
Courtesy: BLUE PEAK REALTY LLC


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/28/2020 12:24 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?

Send Now
By providing this information, you are giving permission to the members of the Berkshire Hathaway HomeServices real estate network (1) to contact you in response to your specific question or message, and (2) to register you in our system in order to communicate with you about properties for sale or rent in locations of interest to you. For more about how we will use your contact information, review our Privacy Policy.
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time