• 542 Cinnamon Beach PALM COAST, FL 32137

  • $955,000
  • 6,926
    Sq Ft
  • 0.16
    Acre
  • Listed By: THE NEWCOMER GROUP
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

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.

Property Type :

Land

Subdivision :

Ocean Hammock

County :

Flagler

Style :

Land

Property Details

 

Water Source

Water front: 1

WaterSource: Public

Lot Information

Lot Dimensions: 45x144x49x163

Lot Description: Cleared

Lot Square Feet: 6926

Lot Acres: 0.16

Lot Size (SqMt): 643

Property Information

Property Type: Land

Listing Price Information

Original List Price: $955000

Tax Information

Tax Block: 00010

Tax Book Number: 837/1418

Tax Legal Description: OCEAN HAMMOCK PARCEL A-5 PLAT ONE LOT 78 OR 837 PG 1418 OR 2102/1908

Annual Tax: $8650.3

Tax Year: 2023

Parcel Number: 04-11-31-3512-00010-0780

Homeowners Association Information

Included Amenities: Clubhouse, Gated, Pool

HOA : $1,119 Quarterly

School Information

Elementary School: Old Kings Elementary

Junior High School: Indian Trails Middle-FC

Senior High School: Matanzas High

Utility Information

Cable Available, Electricity Available, Sewer Connected, Underground Utilities, Water Connected

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: OCEAN HAMMOCK

City: PALM COAST

Direction: Palm Coast Parkway over toll bridge straight to Hammock Dunes Parkway. Take right onto Hotel Trace into Cinnamon Beach.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3721 Ocean Shore Boulev.., Palm Coast, FL,32137 $799,000 -- -- 8,803 0.2 Acre
25 Andover Drive, Palm Coast, FL,32137 $468,000 2 2 1,196 0.15 Acre
12 Riverwalk Drive, Palm Coast, FL,32137 $295,000 -- -- 20,076 0.46 Acre
317 Ocean Crest Drive, Palm Coast, FL,32137 $260,000 -- -- 5,097 0.12 Acre
6 Lansing Lane, Palm Coast, FL,32137 $75,000 -- -- 13,286 0.31 Acre
5049 Ocean Shore Boulev.., Palm Coast, FL,32137 $299,000 -- -- 13,298 0.31 Acre
93 Cochise Court, Palm Coast, FL,32137 $117,900 -- -- 10,125 0.23 Acre
4400 Ocean Shore Boulev.., Palm Coast, FL,32137 $2,950,000 -- -- 261,900 6.01 Acres
26 Comanche Court, Palm Coast, FL,32137 $239,900 -- -- 7,500 0.17 Acre
4 Crow Court, Palm Coast, FL,32137 $319,900 -- -- 8,750 0.2 Acre

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Based on information submitted to the MLS GRID as of 05/01/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 05/01/2024 @ 18:20

MLS: MFRMLS #FC299397
LISTED BY: Luke Newcomer, THE NEWCOMER GROUP
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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