528 Cinnamon Beach Ln

    Palm Coast, FL 32137
    • $1,790,000
    • STATUS: Active
    • ON SITE: 99 days
    • MLS #: 1025806
    UPDATED: 47 min ago
    $1,790,000
    • 6
      BEDS
    • < 1/4 Acre
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 4,493
      SQFT
    • $398
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2017
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    CINNAMON BEACH | Rare offering and opportunity to command your own piece of Cinnamon Beach in the exclusive Ocean Hammock Community. FULLY FURNISHED (4,493 Heated, 6,814 Total Sqft) private residence features six-bedrooms, seven-bathrooms, three floors and boasts a saltwater pool/spa, elevator, game room, outdoor kitchen, and more. Expansive waterfront views, beach access, and gourmet kitchen. Currently operated as a vacation-rental property (YTD Income thru 10/31/19 $143,690.84). Similar homes in the community are selling at 1.73M - 1.9M. Property makes as an excellent Class A+ vacation rental or a beautiful second home.Cost Analysis Performed as Rental Property In: Rent - $172,428.00 Out: (Annual) Property Taxes - $21,247.00 (Annual) Estimated Insurance - $3,144.00 (Annual) Property Management (Optional) - $13,794.24 (Annual) Estimated Utilities/Lawn/Misc. $16,800.00 Total Costs - $54,985.24 Net: $117,442.76 Earn: Total yearly net equates to - $117,442.76 Total monthly gross equates to - $14,369.00

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    © 2020 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 brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-02-24T11:31:52.183.

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    www.kevinhanleyhomes.com/homes/101031295

    528 Cinnamon Beach Ln Palm Coast, FL 32137

    • Price: $1,790,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 1025806
    6
    Beds
    7
    Baths
    0
    ½ Baths
    < 1/4 Acre
    Acres
    4,493
    SQFT
    $398
    $/SQFT
    2017
    Built
    Neighborhood:
    Ocean Hammock
    County:
    Flagler
    Area:
    60-Flagler County
    Elementary School:
    Old Kings
    Middle School:
    Indian Trails
    High School:
    Matanzas
    Property Description
    CINNAMON BEACH | Rare offering and opportunity to command your own piece of Cinnamon Beach in the exclusive Ocean Hammock Community. FULLY FURNISHED (4,493 Heated, 6,814 Total Sqft) private residence features six-bedrooms, seven-bathrooms, three floors and boasts a saltwater pool/spa, elevator, game room, outdoor kitchen, and more. Expansive waterfront views, beach access, and gourmet kitchen. Currently operated as a vacation-rental property (YTD Income thru 10/31/19 $143,690.84). Similar homes in the community are selling at 1.73M - 1.9M. Property makes as an excellent Class A+ vacation rental or a beautiful second home.Cost Analysis Performed as Rental Property In: Rent - $172,428.00 Out: (Annual) Property Taxes - $21,247.00 (Annual) Estimated Insurance - $3,144.00 (Annual) Property Management (Optional) - $13,794.24 (Annual) Estimated Utilities/Lawn/Misc. $16,800.00 Total Costs - $54,985.24 Net: $117,442.76 Earn: Total yearly net equates to - $117,442.76 Total monthly gross equates to - $14,369.00
    Exterior Features

    Approx Parcel Size Less Than 1/4 Acre Exterior Wall ConcreteStucco Lot Description Regular Lot Misc Exterior Summer Kitchen Navigable To Ocean YN No Pool Hot Tub Community Club Pool Structure ConcreteSlabWood Frame Style Bungalow Waterfront YN No

    Interior Features

    Additional Rooms Sauna Bath Ownr Bathtub Sep Shwr Cooling Central CoolingElectric Source Heating Central HeatingElectric Source Major Appliances MicrowaveWasher

    Property Features

    All Bedrooms Conform Yes Association Fee 1245.00 Association Fee Frequency Quarterly Association Fee YN No Cdd Fee 59.47 Cdd Fee YN Yes Common Club Amenities ClubhouseCommunity GarbageExercise RoomGolf CourseSecuritySprinkler SystemWalking/Jogging Path Country Usa Gated Community Yes Historic Area No Legal Name Of Subdiv Ocean Hammock Mobile Mfg Home No New Construction YN No Occupancy At Closing Presently Zoned Pud Property Type Single Family Residence Square Foot Source Tax Roll Utilities Sewer - Public

    Listing courtesy of Blue Peak Realty Llc.


    © 2020 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 brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-02-24T11:31:52.183.

    Digital Millennium Copyright Act
     
    The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside
    8702 Perimeter Park Blvd
    Jacksonville FL, 32216