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542 Cinnamon Beach, Palm Coast, FL 32137
$955,000
542 Cinnamon Beach, Palm Coast, FL 32137View this property at 542 Cinnamon Beach, Palm Coast, FL 32137
542 Cinnamon BeachPalm CoastFL32137
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Property Description
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.
Full Property Details
Full Property Details for 542 Cinnamon Beach
General
- Price: $955,000
- HOA FEE: $373/month
- HOA FEE FREQ.: Quarterly
- Taxes: $8,650 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: FC299397
- Updated: 3/26/2024
- Added to Site: 56 day(s) ago
Additional Information
- Shared Amenities: Clubhouse, Gated, Pool
- Security/Safety: Gated Community
Location
- Area: 32137 - Palm Coast
- County: Flagler
- Development Name: 32137 - Palm Coast
- Subdivision: OCEAN HAMMOCK
- Driving Directions: Palm Coast Parkway over toll bridge straight to Hammock Dunes Parkway. Take right onto Hotel Trace into Cinnamon Beach.
- Direction Faces: West
School Information
- Elementary School: Old Kings Elementary
- Middle School: Indian Trails Middle-FC
- High School: Matanzas High
Community
- Community Name: 32137 - Palm Coast
- Community Features: Gulf/Ocean Front, Fitness Center, Gated Community - Guard, Pool
- Optional Amenities: Clubhouse, Gated, Pool
- Association: Yes
- Assoc. Name: Amy Spradling
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,926
- Lot Size: 6926
- Lot Dimensions: 45 x 144 x 49 x 163
- Frontage: Private Road
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Beach
- Water Front Desc.: Gulf/Ocean Front, Beach, Gulf/Ocean
Financial Considerations
- Price Per Acre: $5,968,750
- Association Fee: $1,119
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Condo Fee: $38
- Condo Fee Freq: Annual
- Tax Amount: $8,650.3
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: OCEAN HAMMOCK PARCEL A-5 PLAT ONE LOT 78 OR 837 PG 1418 OR 2102/1908
- Flood Zone Info: x
- Disclosures/Reports: HOA/PUD/Condo Disclosure, Land Sales Disclosure
- APN: 411313512000100780
- Property ID: 411313512000100780
- Block/Lot/Section: 10
Listed by The Newcomer Group
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Schools
Schools serving 542 Cinnamon Beach
School District:Flagler County School District
Rating | Name | Grades | Distance |
---|---|---|---|
301 Old Kings Rd S, Flagler Beach, FL 32136 | PK-6 | 8.5 mi | |
5505 Belle Terre Pkwy, Palm Coast, FL 32137 | 6-9 | 4.6 mi | |
3535 Pirate Nation Way, Palm Coast, FL 32137 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 542 Cinnamon Beach
Date
Details
Price
Change
Source
3/26/2024
Listed
$955,000
23.23%
MLS
11/30/2021
Sold
$775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 542 Cinnamon Beach
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,011
11%
$640,000
15%
2022
$8,084
13%
$558,000
17%
2021
$7,162
—
$478,000
-10%
2021
$7,162
-8%
$530,000
7%
2018
$7,818
-4%
$495,000
-7%
2019
$8,172
4%
$530,000
7%
2017
$7,878
-2%
$495,000
—
2016
$8,042
25%
$495,000
29%
2015
$6,420
6%
$383,570
1%
2014
$6,060
13%
$378,000
19%
2013
$5,349
—
$317,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 542 Cinnamon Beach
542 Cinnamon Beach, Palm Coast, FL 32137 (MLS# FC299397) is a Lots/Land property with a lot size of 0.16 acres. 542 Cinnamon Beach is currently listed for $955,000 and was received on March 26, 2024. Want to learn more about 542 Cinnamon Beach? Do you have questions about finding other Lots/Land real estate for sale in Palm Coast? You can browse all Palm Coast real estate or contact a Coldwell Banker agent to request more information.