CINNAMON BEACH Way

3 Bedroom Condo has been listed for sale at 624 - 700 Cinnamon Beach Way in PALM COAST for $899,000. Chat with a local expert, book a tour.

Palm Coast

Ocean Hammock

700 Cinnamon Beach Way

624 - 700 Cinnamon Beach Way, For Sale in PALM COAST - eXp Commercial Brokerage

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**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.

$10, 000 towards buyers closing costs or rate buy down! Welcome to the best opportunity in Cinnamon Beach at Ocean Hammock. 20 minutes south of St. Augustine, 30 minutes north of Daytona Beach! Private 24/7 gated community. Direct oceanfront views & direct beach access. The peaceful ocean breeze is accompanied by the peaceful tune of ocean waves! Stainless steel kitchen appliances, granite countertops, wood like tile floors, & fully furnished! Cinnamon Beach has first-class on-site amenities: 24/7 gated community, two pools, and a lakeside/kid-friendly/heated pool, a kids splash zone, fitness center, game rooms, grille/bar open in-season, clubhouse, seasonal bistro restaurant, walking trails, & much more! Option to make primary residence or continue as rental.

624 - 700 Cinnamon Beach Way, Palm Coast, FL

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