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Sold for $3,077,718
  • $3,077,718

    506 CINNAMON BEACH LANE, PALM COAST, FL 32137

    6beds
    4,758sqft
    Single Family Residence
    Built in 2023
    6,545 Square Feet Lot
    $3,043,900 Zestimate®
    $647/sqft
    $6,714 Estimated rent

    Home value

    $3,043,900

    $2.77M - $3.38M

    $6,714/mo

    Zestimate® history
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    What's special

    Private poolHot tubBrand-new oceanfront homeNew oceanfront homeHuge islandOceanfront pool complexPatio area
    Under contract-accepting backup offers. Under Construction. Brand-new oceanfront home in Cinnamon Beach! Why wait years to build when you can own a new house on the beach right now, without all the hassle of the design and construction process? This incredible beachfront residence offers breathtaking views of the Atlantic, private pool, and dedicated boardwalk for instant access to the beach. All three luxurious living levels are serviced by an interior elevator, so it’s a breeze to go up and down with groceries or luggage. The ground level offers 2 spacious guest bedrooms, a game room for your friends and family to gather, and access to the pool and patio area. Lounge all day in the sun, or use your private walkway (shared with one neighbor) to get your toes in the sand in no time! The second floor is the main living level, and features an open-concept living area, dining space with a view, gourmet kitchen and bar area for entertaining. Mesmerizing ocean views draw you to the massive 35-foot long balcony. This is an ideal spot for the whole family to gather and recharge to the sound of waves crashing in on the shore. The kitchen features a huge island with breakfast bar seating and fabulous prep space. Smell the coffee brewing in the morning, and effortlessly carry it out to the large deck to sip on while you watch the sunrise. Two additional guest suites with full bathrooms are conveniently located on this floor, as well as a powder room just off the main area. Ascend the staircase or the elevator to the 3rd floor, where you’ll find the master suite of your dreams, which runs the full width of the house on the ocean. Wake each morning to the sun coming up over the Atlantic. Open up the sliders to your massive balcony and let the sounds of the sea rock you to sleep each night. Giant walk-in shower and soaking tub. You’ll never want to leave your room! There is 2nd master suite on the west side of the floor, ideal for visiting friend or family members that deserve spacious accommodations at your oceanfront estate. Cinnamon Beach is a privately gated neighborhood within the exclusive community of Ocean Hammock, a tranquil, coastal gem located in Palm Coast, Florida, just 20 minutes south of St. Augustine, 30 minutes north of Daytona Beach and 75 minutes east of Orlando. Featuring 2.5 miles of pristine cinnamon-toned beach, the community features a harmonious blend of Key West-styled homes. Community amenities include lakeside clubhouse with “zero-entry” pool for the little ones, water slide, fitness center, game room, bar/grille, lounge, and oceanfront pool complex with hot tub and access to the beach. Construction expected to be completed in late Summer 2023. An unprecedented opportunity to own a NEW oceanfront home in Cinnamon Beach! This one won’t last- don’t delay!

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke O'Reilly 386-246-9934,

    HAMMOCK REAL ESTATE GROUP 386-246-9934

    Bought with:

    DJ Della Sala, 3169117

    DJ & LINDSEY REAL ESTATE

    Source: Stellar MLS,MLS#: FC290061MLS LogoOriginating MLS: Flagler

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Third
    • Dimensions: 22x20
    Other
    • Level: First
    • Dimensions: 11x14
    Bedroom 2
    • Level: Third
    • Dimensions: 16x20
    Bedroom 3
    • Level: Second
    • Dimensions: 14x12
    Bedroom 4
    • Level: Second
    • Dimensions: 14x12
    Bedroom 5
    • Level: First
    • Dimensions: 10x14.8
    Dining room
    • Level: Second
    • Dimensions: 21x23
    Kitchen
    • Level: Second
    • Dimensions: 14x10
    Living room
    • Level: Second
    • Dimensions: 15x12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Elevator, High Ceilings, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Tile
    • Doors: French Doors
    • Windows: Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 6,230
    • Total interior livable area: 4,758 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full, Lake
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full,Lake
    • Waterfront features: Waterfront, Gulf/Ocean
    Lot
    • Size: 6,545 Square Feet
    Details
    • Parcel number: 0411313512000100950
    • Zoning: PUD
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Concrete,Tile
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2023
    Details
    • Builder model: Custom
    • Builder name: Blue Water Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Features: Waterfront, Clubhouse, Fitness Center, Gated, Golf Carts OK, Pool, Sidewalks
    • Security: Gated Community, Security Gate
    • Pet fee: $0 monthly
    • Subdivision: OCEAN HAMMOCK PRCL A-5 01
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Elevator(s), Gated, Pool, Security
    • Services included: 24-Hour Guard, Community Pool, Maintenance Grounds, Pool Maintenance, Private Road, Security
    • HOA fee: $474 monthly
    • HOA name: May Management
    • Second HOA name: May Management
    • Second HOA phone: 386-446-0085
    Location
    • Region: Palm Coast

    Financial & listing details

    • Price per square foot: $647/sqft
    • Tax assessed value: $2,459,248
    • Annual tax amount: $8,084
    • Date on market: 3/22/2023
    • Cumulative days on market: 10 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/18/2023Sold$3,077,718-6.6%$647/sqft
    Source: Stellar MLS #FC290061 Report a problem
    4/1/2023Pending sale$3,295,000$693/sqft
    Source: Stellar MLS #FC290061 Report a problem
    3/23/2023Listed for sale$3,295,000+473%$693/sqft
    Source: Stellar MLS #FC290061 Report a problem
    3/9/2021Sold$575,000-6.5%$121/sqft
    Source: realMLS #1089133 Report a problem
    1/28/2021Contingent$615,000$129/sqft
    Source: St Augustine St Johns County BOR #194325 Report a problem
    1/28/2021Pending sale$615,000$129/sqft
    Source: realMLS #1089133 Report a problem
    1/5/2021Listed for sale$615,000$129/sqft
    Source: St Augustine St Johns County BOR #194325 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$35,294 +291.7%$2,459,248 +300.7%
    2023$9,011 +11.5%$613,800 +10%
    2022$8,084 +12.9%$558,000 +16.7%
    2021$7,162 -11.1%$478,000 -9.8%
    2020$8,054 -1.4%$530,000
    2019$8,172 $530,000
    Find assessor info on the county website

    Neighborhood: 32137

    Nearby schools

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    Estimated market value
    $3,043,900
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    Estimated market value
    $3,043,900