700 CINNAMON BEACH Way 624Palm Coast, FL 32137
Mortgage Calculator
Monthly Payment (Est.)
$4,102**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. With an average of 20 nights booked per month thru August 2024 and over $31,000 in revenue, this condo is a proven income generator with an easy 3-night minimum rental stay policy. 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.
6 days ago | Listing updated with changes from the MLS® | |
a month ago | Price changed to $899,000 | |
a month ago | Status changed to Active | |
a month ago | Listing first seen on site |
Listing information is provided by Participants of the Northeast Florida Association of REALTORS (REAL MLS). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northeast Florida Association of REALTORS (REAL MLS).
Data last updated at: 2024-10-30 12:00 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.