$875,000

700 CINNAMON BEACH Way, 624, Palm Coast, FL 32137

  • 3 beds |
  • 2 baths |
  • 1,682 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $520/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

**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.

Listing Status:
Active
Date Added:
April 1, 2025 at 05:00AM
Listing Office:
KELLER WILLIAMS ST JOHNS : 904-867-7694
Listing Agent:
CHRISTINA WELCH : 904-404-1640
MLS ID:
2052922
  • General: Breakfast BarCeiling Fan(s)Eat-in KitchenPantryPrimary Bathroom -Tub with Separate ShowerSplit BedroomsWalk-In Closet(s)
  • Appliances: DishwasherDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central

This listing courtesy of CHRISTINA WELCH, KELLER WILLIAMS ST JOHNS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Belle Terre Elementary School

5545 Belle Terre Pkwy, Palm Coast, FL, 32137

Grades PK-5

4.65 miles away

I

Indian Trails Middle School

5505 Belle Terre Pkwy, Palm Coast, FL, 32137

Grades 6-8

4.60 miles away

M

Matanzas High School

3535 Old Kings Rd N, Palm Coast, FL, 32137

Grades 9-12

3.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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