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.
Property Features
Bedrooms
- Bedrooms: 3
- Bedroom 2 Dimensions: 14.0 x 11.0
- Bedroom 3 Dimensions: 14.0 x 12.0
- Bedroom 2 Level: Main
- Bedroom 3 Level: Main
Other Rooms
- Total Rooms: 6
- Primary Bedroom: 18.00 x 12.00
- Primary Bedroom Level: Main
- Family Room Dimensions: 17.0 x 16.0
- Family Room Level: Main
- Exercise Room: Yes
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Breakfast Bar
- Eat-in Kitchen
- Pantry
- Primary Bathroom -Tub with Separate Shower
- Split Bedrooms
- Walk-In Closet(s)
- Flooring: Tile
Appliances
- Dishwasher
- Dryer
- Electric Range
- Electric Water Heater
- Microwave
- Refrigerator
- Washer
- Laundry Features: Electric Dryer Hookup, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 12.0 x 12.0
- Dining Room Level: Main
- Kitchen Dimensions: 12.0 x 11.0
- Kitchen Level: Main
Exterior and Lot Features
- Balcony
- Road Surface Type: Asphalt
Garage and Parking
- Garage Spaces: 2
- Parking Features: Community Structure, Covered
Home Features
- View: Beach, Ocean
- Security Features: 24 Hour Security, Gated with Guard, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Amenities: Beach Access, Children's Pool, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Management - Full Time, Security
- Association Fee: 886
- Association Fee Frequency: Monthly
- Association Fee 2: 972
- Association Fee 2 Frequency: Quarterly
- Calculated Total Monthly Association Fees: 1210
- Association Name: Cinnamon Beach at Ocean Hammock
- Association Phone: 3869862299
Other Property Info
- Annual Tax Amount: 9548.180000000
- Source Listing Status: Active
- County: Flagler
- Current Use: Multi-Family
- Directions: Palm Coast Pkwy East to Hammock Dunes bridge, continue straight on Hammock Dunes Pkwy, right at Ocean Hammock/Cinnamon Beach toward guard gate, go thru 2nd gate take left at stop sign & follow signs to condos
- Tax Year: 2023
- Source Property Type: Residential
- Area: 605-Flagler County North-Beach
- Property Subtype: condo
- MLS Area Minor: 605-Flagler County North-Beach
- Source Neighborhood: Ocean Hammock
- Parcel Number: 0411313513000000624
- Subdivision: Ocean Hammock
- Zoning Description: Condominium
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1682
- Year Built: 2004
- Building Exterior Type: Concrete, Stucco
- Construction Materials: Concrete, Stucco
- Direction Faces: East
- Entry Level: 2
- Levels: One
- Living Area Source: Public Records
- Property Age: 20
- Levels or Stories: 1
- Building Total Stories: 6
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public