24 CINNAMON BEACH WAY
About This Property
Step inside to discover an expansive open-concept floor plan filled with natural light, soaring ceilings, designer finishes, and thoughtfully curated details throughout. The gourmet chef's kitchen serves as the centerpiece of the home, showcasing sleek custom cabinetry, premium stainless steel appliances, an oversized center island, and abundant prep and storage space - perfectly designed for both intimate gatherings and large-scale entertaining.
The living and dining spaces flow seamlessly together, creating an inviting atmosphere that is both sophisticated and relaxed. Dramatic collapsing sliding glass doors disappear completely, blending the indoor and outdoor living spaces into one breathtaking coastal retreat.
Outside, the expansive covered lanai overlooks your private resort-style pool and tranquil water views, offering the perfect setting to unwind while enjoying refreshing ocean breezes and Florida's year-round lifestyle.
The luxurious primary suite is a true sanctuary, featuring a spa-inspired bath complete with a soaking tub, oversized walk-in shower, dual vanities, and elevated designer finishes throughout.
Located just steps from the beach and Cinnamon Beach's exceptional resort-style amenities, residents enjoy access to oceanfront pools, a fitness center, clubhouse, game room, seasonal grille, and direct beach access - all within one of Palm Coast's premier coastal communities.
Beautifully designed for the way you live, this exceptional property is perfectly suited as a full-time residence, luxury vacation home, or premium short-term rental investment opportunity. Schedule your private showing today and experience coastal luxury at its finest!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Price Increased |
$1,599,000
↑ $150K
(10.4%) | |
| Price Increased | |||
| Jul 26, 2026 | Price Decreased |
$1,449,000
↓ $50K
(3.3%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$1,499,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by HAMMOCK REAL ESTATE GROUP | $1,599,000 | |
| Listed by HAMMOCK REAL ESTATE GROUP | |||
| Jul 17, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017