$998,500
$151K PRICE DROP

Estimated payment $8,021/month

Total Views 66,413
3 Beds
3 Baths
2,000 Sq Ft
$499 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Heated Spa
  • Clubhouse
  • Coronado Beach Elementary School Rated 10
  • 1.52 Acre Lot
  • Stone Countertops

About This Home

Discover the perfect Blend of Luxurious Coastal Living and High Earning Potential at **The Malibu**, New Smyrna Beach's Premier Boutique Condominium Complex, offering stunning Direct Oceanfront living at its finest. This beautifully updated 2,226 sq ft; including oversized Balcony; 3 bedroom, 3 bath unit features a bright, Open Floor Plan with breathtaking Ocean Views you can soak in from your front door to your Private Balcony. Key features include a Split Floor Plan designed to provide maximum Privacy, featuring 2 Additional En Suite Bedrooms (with an additional 4th bedroom or flex space that offers versatility to suit your needs), which all assures ample space that’s perfect for family as well as guests. The Primary Suite is a true Sanctuary, offering Full Oceanfront Views, Private Sliding Door to the balcony, a spacious Walk-In Closet, and a Spa-like Bathroom featuring an oversized Jet Soaking Tub, Dual Vanities and huge Walk-In Shower. The well-appointed sleek/clean kitchen features Stainless Steel appliances and solid surface Quartz Countertops. Recent upgrades to this unit in 2024 include; AC/HVAC system, Flooring, Hot Water Heater, Whirlpool Refrigerator. Exclusive Malibu amenities include a Private Large Gunite Pool (with heater), Large Pool Deck area along with a relaxing Hot Tub. The Clubhouse features a great Fitness Room for residents' enjoyment. The Malibu provides Reserved Underground Parking, a Generator for both Elevators, Pets are allowed for owners. The Malibu offers an attractive 7-Day Rental period, making this Direct Oceanfront Condo a Highly desirable Investment Opportunity. With 3 Bedrooms, plus 4th Room Flex space, Resort Style amenities, and a Prime location just South of Flagler Avenue, this property is positioned for High-Rental Demand and strong earning potential making this not only a Luxurious Residence but also a smart Income Producing Asset. Recent complex updates include: Exterior Painted in 2024 and fully re-landscaping. Extended 60 Ft Seawall, and the existing Seawall was recently re-conditioned. The Malibu is Well Maintained and has Fully Funded Reserves. (See Reserve Study.) Comprehensive HOA includes: Landscaping, Cable TV, Building Insurance, Exterior and Common Grounds upkeep, Clubhouse and Exercise Facility, Electronic Coded Lobby Security and Trash Service. Beach access is just a few steps away. Combined with the Malibu’s Prime Location just south of Flagler Avenue, along with its many Shopping opportunities and Great Restaurants, all a short walk away. Come and enjoy Coastal Living at its finest in the Luxurious Malibu Condominium today, with unparalleled Oceanfront Views, top-tier Amenities and modern upgrades. This is a rare opportunity to own a Piece of Paradise in one of the most sought-after locations in New Smyrna Beach. Be sure to check out our Video Tour.

Listing Agent

Donna Concannon

NSB HOMES LLC Brokerage Phone: 386-427-0439 License #571122 Listed on: 04/10/2025

Co-Listing Agent

Una Poole

NSB HOMES LLC Brokerage Phone: 386-427-0439 License #3333130

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,024

Year Built

  • Built in 2007

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $1,533 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Home Office
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Water access To Gulf or Ocean
  • Seawall
  • Balcony

Schools

  • Coronado Beach Elementary School
  • New Smyrna Beach Middl Middle School
  • New Smyrna Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, maintenance structure, ground maintenance, sewer, trash, water
  • Nsb Association Management / Sheila Mccollum Association, Phone Number (386) 242-4190
  • Visit Association Website
  • Malibu Condo Per Or Subdivision
  • 9-Story Property

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,024

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,533 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2000
  • Lot Size Acres: 1.52
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 2200
  • Lot Size Sq Ft: 66412
  • Directions to Property: From I-95, Exit 249 for New Smyrna Beach heading EAST on State Road 44. Over South Causeway onto S. Atlantic Avenue. LEFT onto 7th Avenue and RIGHT onto Hill Street. The Malibu will be on your LEFT.
  • Status: Active
  • Street Direction: S
  • Co List Office Mls Id: MFR269504419
  • Co List Office Phone: 386-427-0439
  • Ownership: Fee Simple
  • Entry Level: 6
  • Available for Lease YN: 1
  • Escrow City: New Smyrna Beach
  • Escrow Postal Code: 32168
  • Escrow State: FL
  • Escrow Street Name: Palmetto Street
  • Escrow Street Number: 318
  • Floor Number: 6
  • List Office Head Office Key Nume: 505534196
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 499.25
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 386-427-0439
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 9
  • Street Number Modifier: 1705
  • Living Area Meters: 185.81
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Water Body Name: ATLANTIC OCEAN
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Gulf/Ocean
  • Water Extras: Seawall - Other
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-09-29
  • Flood Zone Panel: 12127C0544J

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool
  • Association Fee: 1533.33
  • Association Fee Frequency: Monthly
  • Association Name: NSB Association Management / Sheila McCollum
  • Phone: 386-242-4190x270
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See Condo Rules & Regulations and confirm with association manager. Owners Only.
  • Association Fee Requirement: Required
  • Building Name Number: D BUILDING
  • Condo Land Included YN: 0
  • Max Pet Weight: 60
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: sheila@nsbmgt.com
  • Association URL: www.nsbmgt.com
  • Development: Malibu

Fee Information

  • Total Annual Fees: 18399.96
  • Total Monthly Fees: 1533.33
  • Monthly HOA Amount: 1533.33

Schools

  • Elementary School: Coronado Beach Elem
  • High School: New Smyrna Beach High
  • Middle Or Junior School: New Smyrna Beach Middl

Lot Info

  • Zoning: PUD
  • Parcel Number: 74-15-18-00-06-03-0000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 6170

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Confirm with association manager.

Tax Info

  • Tax Annual Amount: 14024
  • Tax Block: 00
  • Tax Book Number: 5510/1164
  • Tax Lot: 0603

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Confirm with association manager.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,784 $828,880 -- $828,880
2024 $12,784 $828,880 -- $828,880
2023 $12,784 $797,680 $0 $797,680
2022 $11,489 $721,968 $0 $721,968
2021 $10,660 $598,208 $0 $598,208
2020 $10,053 $598,208 $0 $598,208
2019 $9,169 $490,776 $0 $490,776
2018 $8,725 $457,600 $0 $457,600
2017 $9,446 $485,838 $121,460 $364,378
2016 $9,141 $433,784 $0 $0
2015 $9,775 $446,160 $0 $0
2014 $6,585 $336,396 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $998,500 -6.2% $499 / Sq Ft
06/26/2025 06/26/25 Price Changed $1,065,000 -5.3% $533 / Sq Ft
04/28/2025 04/28/25 Price Changed $1,124,500 -2.2% $562 / Sq Ft
04/10/2025 04/10/25 For Sale $1,149,500 +17.9% $575 / Sq Ft
10/07/2023 10/07/23 Sold $975,000 0.0% $488 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $975,000 +85.7% $488 / Sq Ft
09/24/2014 09/24/14 Sold $525,000 +18.0% $263 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $445,000 -- $223 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $975,000 None Listed On Document
Warranty Deed $975,000 None Listed On Document
Warranty Deed $525,000 Professional Title Agency In
Corporate Deed $350,000 Professional Title Agency In
Trustee Deed -- None Available
Corporate Deed $728,606 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,807 New Conventional
Previous Owner $367,500 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $582,885 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Donna Concannon

NSB HOMES LLC

(386) 210-0112

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Welcome to NSB Homes
With over 100 years of collective experience, NSB Homes proudly stands as the #1 Local Brokerage Team in New Smyrna Beach. CHECK OUT OUR 100+ REVIEWS https://www.nsbhomes.com/client-reviews
Our success is built on one core principle: putting our clients first. Whether you're a first-time homebuyer, an everyday buyer, or searching for your dream luxury property, we are here to provide the expertise and support you deserve. As a third-generation local brokerage firm,

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Source: Stellar MLS

MLS Number: NS1084343

Stellar MLS

APN: 7415-18-00-0603