$10,000

closing credit¹

700 Cinnamon Beach Way Unit 624 Palm Coast, FL 32137

$899,000
3 beds
2 full
1,682 sqft
$534 / sqft
Condo

Property details

About 700 Cinnamon Beach Way Unit 624

**Turnkey Investment Opportunity - Fully Furnished 3-Bed/2-Bath Condo with direct ocean views from the private balcony. This *rental-ready*, fully furnished unit is an investor's dream or the perfect seasonal retreat. Located in the coveted Cinnamon Beach community, this spacious maintenance free residence features modern luxury wood-look tile floors in main living areas, sleek black appliances, granite countertops, and a convenient breakfast bar in the kitchen. The open living area is ideal for unwinding after a day at the beach, with sliding doors leading to an oversized oceanfront balcony overlooking the adjacent beach walkway, well manicured dunes, white sand beach and relaxing sounds of the ocean surf! Enjoy morning coffee on the balcony or take a short stroll via a private walkway to the beach. The master suite boasts ocean views, balcony access, dual walk-in closets, a garden tub, and a separate tiled shower. Recent updates include new windows, fresh paint, plantation shutters, and appliances (all replaced in 2023). A new AC and water heater were installed in 2021. The Cinnamon Beach community offers exceptional amenities: manned guard gated access, well appointed Lakeside clubhouse with a lakeside pool, kids slide and splash pad, fitness center, game room, grill and bar, adult lounge and onsite management staff. A second ocean front pool offering lap lanes, plenty of pool side lounge area, seating areas for relaxing sea-side or visiting and an oceanside grill all designed for guests and residents over 18. With an average of 20 nights booked per month thru August 2024 and over $31,000 in revenue, this condo is a proven income generator with an easy 3-night minimum rental stay policy. Additional perks include underground parking for owners (permit required), a storage cage for bikes, recreation & outdoor beach gear, and easy access to Flagler Beach. Full memberships to the Ocean Hammock Club and golf are available for purchase.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,682 sqft
Lot size0 Acres
Year built2004
ParkingCommunity Structure, Covered
MLS #2052922
Garage2 spaces
ViewBeach, Ocean

Virtual tour

Summary

  • MLS Number: 2052922
  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • Office Name: KELLER WILLIAMS ST JOHNS
  • Office Phone: (904) 867-7694
  • Office Email: ops@kwstjohns.com
  • Listing Agent: CHRISTINA WELCH

Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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balcony featuring a water view

$899,000

700 Cinnamon Beach Way Unit 624

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Belle Terre Elementary School

Public District PK-5

4.6 mi

5545 Belle Terre Pkwy

7

Wadsworth Elementary School

Public District PK-5

5.2 mi

4550 Belle Terre Pkwy

5

Rymfire Elementary School

Public District PK-5

7.9 mi

1425 Rymfire Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,640. Residents of Palm Coast, FL typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

23%
<35k
36%
35k-100k
33%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
6%
Single, with Kids
51%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
12%
18-34 yrs old
51%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • PaneraPanera

What do the neighbors drive?

  • LexusLexus
  • LincolnLincoln
  • InfinitiInfiniti

What do the neighbors listen to?

  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 700 Cinnamon Beach Way Unit 624

This home is located at 700 Cinnamon Beach Way Unit 624 in Palm Coast, FL and zip code 32137 in the Ocean Hammock neighborhood. This 1,682 square foot home was built in 2004. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $899,000.

Over 12 listings were sold over their listed price in January 2025 in Palm Coast, FL. In the same period over 148 listings were sold below the listed price and 35 listings were sold for the listed price. The number of listings in Palm Coast, FL increased by 3.4% between December and January 2025. While the average time on the market in January 2025 was 98 days, the median list price was $354,655.

From Rocket Homes Real Estate and based on county public records data.

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