542 Cinnamon Beach Palm Coast, FL $ 955,000
542 Cinnamon Beach
$ 955,000
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542 Cinnamon Beach

Palm Coast, FL, 32137
$ 955,000
Baths0.0

Monthly Estimate*

$ 6,671

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Studio

Lots and Land for sale in Palm Coast, FL

for $955,000. The lot size is 0.16.

Seize the unparalleled opportunity to craft your dream oceanfront sanctuary on the last available DIRECT OCEANFRONT lot in the prestigious Cinnamon Beach community. This rare gem located away from the vehicular and pedestrian traffic, and only ½ block from the two pool complexes offers not just a prime location for your custom-built home but a lifestyle coveted by many and matched by none. Envision waking up to the soothing sounds of waves and breathtaking sunrises right at your doorstep. Cinnamon Beach is renowned for its resort-style amenities, including world-class golf courses, exquisite dining options, and a vibrant community atmosphere that celebrates luxury living at its finest. Whether you decide to construct your forever home or capitalize on this lot as a high-yielding investment property, potential vacation rental earnings exceed $250K annually, making it as lucrative as it is exclusive. The Cinnamon Beach Community doesn’t just offer a place to live; it provides a lifestyle, with access to a clubhouse, grill/bar, fitness center, oceanfront and lakeside pools, a splash pad, and a fully equipped workout center. This lot represents a once-in-a-lifetime chance to build, design, and own a piece of paradise, set within a neighborhood that’s simply without comparison. Don't wait to make your dream a reality. Schedule a tour today and discover the potential of this exquisite oceanfront lot and the exceptional community that surrounds it. Benefit from the preparatory work already completed: Architectural plans are available upon request that were previously approved within the community.

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Lots and Land Active

Price

$ 955,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,650

Style

Lot Size

0.16

Town/City

Palm Coast

County/Region

Flagler

MLS | Web ID

FC299397

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Sewer Connected Underground Utilities Water Connected
Zoning PUD
HOA 1119
Security Features Gated Community
Pets Allowed Yes
View Water
Tax Year 2023
Current Use Residential
Percent Ownership Fee Simple
Waterfront Features Gulf/Ocean Front Beach Gulf/Ocean
Community Features Gulf/Ocean Front Fitness Center Gated Community - Guard Pool
HOA Fee 2 1119
Assoc Fee Paid Per Quarterly
County Flagler
Property Type Land
Association Amenities Clubhouse Gated Pool
HOA / Comm Assn Y
Subdivision Name OCEAN HAMMOCK
Facing Direction West
Status Active
Directions Palm Coast Parkway over toll bridge straight to Hammock Dunes Parkway. Take right onto Hotel Trace into Cinnamon Beach.
High School Matanzas High
City PALM COAST
Buyer Agent Compensation 2.5%
MLS Area 32137 - Palm Coast
Lot Size Square Feet 6926
Waterfront Y/N Yes
Street Name Cinnamon Beach
Listing Terms Cash Conventional
HOA Fee 2 Frequency Quarterly
Elementary School Old Kings Elementary
Tax Annual Amount 8650.3
Middle/Junior High School Indian Trails Middle-FC
Public Remarks Seize the unparalleled opportunity to craft your dream oceanfront sanctuary on the last available DIRECT OCEANFRONT lot in the prestigious Cinnamon Beach community. This rare gem located away from th
Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC299397
Days on Market 6
Standard Status Active
Legal Description OCEAN HAMMOCK PARCEL A-5 PLAT ONE LOT 78 OR 837 PG 1418 OR 2102/1908
Water View Beach
Water Access Type Beach
Monthly HOA Amount 373
Monthly Condo Fee Amount 3
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Exterior
Lot Features Cleared
Water Source Public
Lot Size Area 6926
Lot Dimensions 45 x 144 x 49 x 163
Lot Size Acres 0.16
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Private Road
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Interior
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
The Newcomer Group

Broker

TheNewcomerGroup@gmail.com

Email

Affordability Calculator

$7,392
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,671
Monthly Property Taxes
$721
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3891583 Elementary School
3890475 Middle School
Matanzas High High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$955,000 Listed Price

Map


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542 Cinnamon Beach, Palm Coast, FL, 32137 is a Lots and Land for sale at $955,000 with a lot size of 0.16. 542 Cinnamon Beach is a studio with 0.0 baths. The property's zip code is 32137 which is in Palm Coast, FL