$10,000 Closing Credit¹
#1205642, Anthony Lombardo, Andy Kalcounos, Listing Office: Coastal Gateway Real Estate Group
$875,000 List price
700 Cinnamon Beach Way Unit 624 Palm Coast, FL 32137
$10,000
Closing credit¹
3 beds
2 full
1,682 sqft
$520 / 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. 2024 revenue - $44,676 in revenue, $301.86 avg nightly rate & 148 stays, this condo is a proven income generator with an easy 3-night minimum rental stay policy. *Unit was used part-time as a second home. 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
Year built2004
ParkingAdditional Parking, Assigned, Community Structure, Covered, Garage
MLS #2052922
Garage2 spaces
WaterfrontOcean Front
ViewBeach, Ocean
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring Type: Tile
- Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Additional Parking, Assigned, Community Structure, Covered, Garage
- Waterfront: Ocean Front
- View: Beach, Ocean
- Exterior: Balcony
- Heating: Central
- Cooling: Central Air
- List Price: $875,000
- Price/SqFt: $520
- HOA Amount: $886
- HOA Frequency: Monthly
- Lot: Other
- Directions: Palm Coast Pkwy East to Hammock Dunes bridge, continue straight on Hammock Dunes Pkwy, right at Ocean Hammock/Cinnamon Beach toward guard gate, go thru 2nd gate take left at stop sign & follow signs to condos
- Year Built: 2004
- Stories: 6
- Living Area: 1,682 SqFt
- 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: 5/10/2025, 1:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$875,000
700 Cinnamon Beach Way Unit 624
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Belle Terre Elementary School
Public District PK-5
4.6 mi
•5545 Belle Terre Pkwy
6
Wadsworth Elementary School
Public District PK-5
5.2 mi
•4550 Belle Terre Pkwy
6
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.
Neighborhood
The neighbors living near this home have an average income of $70,640. Typical income of Palm Coast, FL residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
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/LPGA
Skiing/snowboarding
NASCAR
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Panera
What do the neighbors drive?
Lexus
Lincoln
Infiniti
What do the neighbors listen to?
Oldies
News/Talk/Information
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 700 Cinnamon Beach Way Unit 624
The listing price of 700 Cinnamon Beach Way Unit 624 property is $875,000.
The property 700 Cinnamon Beach Way Unit 624 is a condo located in Palm Coast, Florida, 32137.
Active Listing: 700 Cinnamon Beach Way Unit 624 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 700 Cinnamon Beach Way Unit 624 are: Belle Terre Elementary School (GreatSchools Rating 5/10), Wadsworth Elementary School (GreatSchools Rating 6/10), Rymfire Elementary School (GreatSchools Rating 6/10), Indian Trails Middle School (GreatSchools Rating 6/10), Buddy Taylor Middle School (GreatSchools Rating 4/10), Imagine School at Town Center (GreatSchools Rating 5/10), Matanzas High School (GreatSchools Rating 6/10), Flagler Palm Coast High School (GreatSchools Rating 5/10), Pedro Menendez High School (GreatSchools Rating 5/10).
The property at 700 Cinnamon Beach Way Unit 624 has 3 bedrooms and 2 bathrooms.
The property 700 Cinnamon Beach Way Unit 624 is 1,682 SqFt (source: MLS/tax record).
The year of construction for 700 Cinnamon Beach Way Unit 624 is 2004.
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 $875,000.
Over 14 listings were sold over their listed price in April 2025 in Palm Coast, FL. In the same period over 236 listings were sold below the listed price and 56 listings were sold for the listed price. The number of listings in Palm Coast, FL increased by 3.6% between March and April 2025. In April 2025, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $359,424.
From Rocket Homes Real Estate and based on county public records data.