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Ocean front Bliss from start to finish in a private secluded setting of Cinnamon Beach. Cinnamon Beach Resort is a private ocean front luxury community located in the back of Ocean Hammock of Palm Coast Florida. This community is tucked back into old Florida on a very unique stretch of beach that feels like you are miles away from it all; with a perfect blend of single family homes and condos. Luxury amenities that include an ocean front pool, multiple boardwalks, fitness center, lakefront pool, kids splash pad, a cafe on the lake side, and 24hr guarded gate. The unit itself is on the end corner, three floors up that has more windows and natural light than the inside units. Full Ocean and beach views from the spacious balcony where you can watch the waves break. This unit has an inviting entry way and feel of a home because of the layout and excess windows. There is inside private laundry, two en suites bedrooms, one being a good size primary with ocean views, spacious open floor plan, with a large kitchen and a guest room with a guest bath off the hallway. This condo is a profitable successful short term rental that comes turn key. The Hammock is a barrier Island to Palm Coast, once you have crossed the bridge you feel like you are on Island time, with many conveniences within a few miles are a major grocery store, restaurants, world class biking and hiking trials. Bings landing is a river front park where you can launch boats, kayaks and more. Close to the European Village and downtown Flagler Beach, with even more dinning and shops. Local farmers markets on weekends, conveniently located between St. Augustine and Daytona Beach for even more conveniences, entertainment, and travel options.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $731 | $731 | $731 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,739 | $4,994 | $6,741 |
Total Monthly Payment | $5,562 | $5,817 | $7,564 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.