Nearby Properties


MLS# O5824511.  6 beds.  10.5 baths.  Single Family Home.  Active

$20,397 in taxes (2019)




CINNAMON BEACH | Rare offering and opportunity to command your own piece of Cinnamon Beach in the exclusive Ocean Hammock Community. FULLY FURNISHED (4, 493 Heated, 6, 814 Total Sqft) private residence features six-bedrooms, seven-bathrooms, three floors and boasts a saltwater pool/spa, elevator, game room, outdoor kitchen, and more. Expansive waterfront views, beach access, and gourmet kitchen. Currently operated as a vacation-rental property (YTD Income thru 10/31/19 $143, 690.84). Similar homes in the community are selling at 1.73M - 1.9M. Property makes as an excellent Class A+ vacation rental or a beautiful second home. Cost Analysis Performed as Rental Property In: Rent - $172, 428.00 Out: (Annual) Property Taxes - $21, 247.00 (Annual) Estimated Insurance - $3, 144.00 (Annual) Property Management (Optional) - $13, 794.24 (Annual) Estimated Utilities/Lawn/Misc. $16, 800.00 Total Costs - $54, 985.24 Net: $117, 442.76 Earn: Total yearly net equates to - $117, 442.76 Total monthly gross equates to - $14, 369.00

Quick Info:

  • Listing is courtesy Of: BLUE PEAK REALTY LLC ((727-777-7100))
  • Listing Agent: Listing Agent: Jeff Glickman ((727-777-7100))
  • Days on yellowkey: 198
  • Property Type: Single Family Home
  • Beds: 6
  • Baths: 10.5
  • Living Area Square Feet: 4493
  • Built 2017
  • Taxes: $20,397 (2019)
  • Pool: Yes
  • Garage Spaces: ()
  • Square Feet: 5090
  • Fees: $0
  • Flagler County
  • Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
  • Subdivision Info:
  • No Age Restriction
  • Occupancy Information:
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  • Membership Purchase Required:
  • Development Name:
  • Subdivision Name: OCEAN HAMMOCK
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Interior Details:

  • Interior Levels: Three Or More
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  • Interior Features: Other
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  • Floor: Ceramic Tile
  • Cooling: Central Cooling Air
  • Heating: Central
  • Equipment/Appliances: Microwave, Range, Refrigerator, Washer
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  • Cable Available
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  • Pool Description: Other
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  • Roof Description:Concrete
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DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
11/21/2019Sale198O5824511Listed for Sale$1,790,000-398.3975MLS

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