NOT LISTED FOR SALE

The Pelican 2401 S Atlantic Ave Unit B101 New Smyrna Beach, FL 32169

New Smyrna Beachfront Neighborhood

Estimated Value: $622,017 - $718,000

2 Beds
2 Baths
1,107 Sq Ft
$433/mo HOA Fee

Last Sold March 04, 2022

Last sale price $585,000 $528 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,816/month

101 Days on Market

Highlights

  • Waterfront
  • Heated Pool
  • Tile Flooring
  • Coronado Beach Elementary School Rated 10
  • Furnished
  • Central Heating and Cooling System

About This Home

As of March 2022

$16.2K IN RENTAL INCOME (net to new owner) ALREADY BOOKED FOR 2022!! Spectacular sunrises & views from this oceanfront 1ST FLOOR UNIT at one of the top direct oceanfront complexes in New Smyrna! Floor to ceiling sliders & windows provide gorgeous views of the ocean and pool. This spacious 2BR/2BA condo features an open floor plan with private storage closet for beach gear. This turnkey unit has brand new A/C and in-unit laundry with newer washer/dryer. Brand new wind rated / impact sliding doors and windows have been installed during the current building renovation. Building renovation also includes new railings / deck coatings, new paint and new roof. Brand new pool furniture / pools recently resurfaced. Concrete restoration scheduled for completion Jan 2022 / roof completion scheduled for completion May 2022. Great RENTAL history with $16.2k IN RENTAL INCOME ALREADY BOOKED FOR 2022 (NET). DESIRABLE 1ST FLOOR LOCATION - no elevators to ride, walk straight out to the pool. The Pelican has the reputation of being one of the best managed properties in New Smyrna. Their well-managed HOA on top of a strong on-site property management & rental office make this condo a great investment. Property has a tropical resort-like feel w/amenities including clubhouse, two oceanfront pools (one heated seasonably), shuffleboard, and gas grills. Centrally located - walk or ride your bike to Flagler Ave!!! Larger dogs welcome! All information is assumed accurate but not guaranteed. Buyers and agents are advised to verify facts important to them. ;Water: City

Last Agent to Sell the Property

Kelly Pohlar

COLLADO REAL ESTATE License #3367007 Listed on: 10/02/2021

COLLADO REAL ESTATE

Last Buyer's Agent

Ignacio Barsottelli

COLLADO REAL ESTATE License #3428688

COLLADO REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,123

Year Built

  • Built in 1974

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Siding

Interior Spaces

  • 1,107 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7422060B1010

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, pest control, trash
  • The Pelican Of New Smyrna Beach, Inc Association, Phone Number (386) 427-7688
  • Pelican Condos
  • Pelican Subdivision
  • 6-Story Property

Recreation

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,123

Year Built

Built in 1974

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Living Area: 1107
  • Year Built: 1974
  • Building Area Total: 1257
  • Directions to Property: I-95 to SR44 East to A1A South to 2401 S Atlantic, complex on the left. Once entering complex, take a right and follow around to B Bldg (north side of complex).
  • Status: Sold
  • Street Direction: S
  • Floor Number: 1
  • List Office Head Office Key Nume: 172580748
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 528.46
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 6
  • Street Number Modifier: 2401
  • Room Count: 5

Exterior Features

  • Pool Features: Heated
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Additional Water Information: 2 Pets with combined weight of 80 pounds

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 433
  • Association Fee Frequency: Monthly
  • Association Name: The Pelican of New Smyrna Beach, Inc
  • Phone: 386-427-7688
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Pelican
  • Pet Restrictions: 2 Pets with combined weight of 80 pounds OwnlerOnly,
  • Development: None

Lot Info

  • Zoning: R6
  • Parcel Number: 7422060B1010
  • Lot Features: City Limits

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Mar 1, 2022
Sold by
Lori K Zepf Revocable Trust
Bought by
Pelican Nsb B101 Llc
Seller's Agent
Kelly Pohlar
COLLADO REAL ESTATE
Buyer's Agent
Ignacio Barsottelli
COLLADO REAL ESTATE
List Price
$599,999
Sold Price
$585,000
Premium/Discount to List
-$14,999
-2.5%
Current Estimated Value
$685,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,254
Avg. Annual Appreciation
4.44%
Original Mortgage
$468,000
Outstanding Balance
$425,488
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$259,766

Purchase Details

Closed on
Jan 2, 2004
Sold by
Zepf J Stephen and Zepf Lori K
Bought by
Zepf J Stephen and Zepf Lori K

Purchase Details

Closed on
Jan 9, 1996
Sold by
Hall A Stewart and Hall Sandra M
Bought by
Zepf J Stephen and Zepf Lori K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1992
Bought by
Zepf J Stephen & Lori K Tr

Purchase Details

Closed on
Apr 15, 1974
Bought by
Zepf J Stephen & Lori K Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pelican Nsb B101 Llc $585,000 Inlet Title
Zepf J Stephen -- --
Zepf J Stephen $115,000 --
Zepf J Stephen & Lori K Tr $115,000 --
Zepf J Stephen & Lori K Tr $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelican Nsb B101 Llc $468,000
Previous Owner Zepf J Stephen $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $585,000 -2.5% $528 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
10/02/2021 10/02/21 For Sale $599,999 -- $542 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $9,123 $602,500 -- $602,500
2024 $9,123 $602,500 -- $602,500
2023 $9,123 $529,000 $0 $529,000
2022 $7,460 $492,000 $0 $492,000
2021 $6,709 $372,678 $0 $372,678
2020 $6,273 $347,000 $0 $347,000
2019 $6,029 $321,000 $0 $321,000
2018 $5,813 $314,358 $0 $314,358
2017 $5,365 $270,712 $67,678 $203,034
2016 $5,399 $259,800 $0 $0
2015 $5,225 $252,000 $0 $0
2014 $4,818 $227,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Pohlar

    Seller's Agent in 2022

    Kelly Pohlar

    COLLADO REAL ESTATE

    (407) 929-3126

    14 in this area

    23 Total Sales

    Kelly Pohlar
    Section Image
  • Ignacio Barsottelli

    Buyer's Agent in 2022

    Ignacio Barsottelli

    COLLADO REAL ESTATE

    (386) 401-8008

    29 in this area

    201 Total Sales

    Ignacio Barsottelli
    Section Image
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About The Pelican

Map

Source: Stellar MLS

MLS Number: NS1066340

Stellar MLS

APN: 7422-06-0B-1010

Florida Volusia County New Smyrna Beach 32169 New Smyrna Beachfront

2401 S Atlantic Ave Unit B101, New Smyrna Beach, FL

This home is located at 2401 S Atlantic Ave Unit B101, New Smyrna Beach, FL 32169 since 02 October 2021 and is currently estimated at $685,254, approximately $619 per square foot. This property was built in 1974. 2401 S Atlantic Ave Unit B101 is a home located in Volusia County with nearby schools including Coronado Beach Elementary School, New Smyrna Beach Middle School, and New Smyrna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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