NOT LISTED FOR SALE

Estimated Value: $656,584 - $819,000

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. 26% increase in value since last sale

Current estimated payment $5,090/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

  • 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%
Total Days on Market
101
Current Estimated Value
$734,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,396
Avg. Annual Appreciation
6.54%
Original Mortgage
$468,000
Outstanding Balance
$431,727
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$286,634

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

Similar Homes in New Smyrna Beach, FL

  • 3001 S Atlantic Ave Unit 502, New Smyrna Beach, FL 32169

    $650,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 3001 S Atlantic Ave
    • Unit 502
    • New Smyrna Beach, FL

    Welcome to your stunning oceanview condo in the highly sought-after Las Brisas development with BRAND NEW SEAWALL in New Smyrna Beach! In addition, the SIRS report has been completed and the updated 2025 budget proxy has been issued, showing NO signs for additional assessments. Also, NO HURRICANE DAMAGE TO UNIT! This exquisite 3-bedroom, 2-bathroom residence, with rare private garage, offers the

    Scott Yurchison COLLADO REAL ESTATE

    Section Image
  • 421 S Atlantic Ave Unit 507, New Smyrna Beach, FL 32169

    $625,000

    • 2 Beds
    • 2 Baths
    • 891 Sq Ft
    • 421 S Atlantic Ave
    • Unit 507
    • New Smyrna Beach, FL

    So you think you’ve seen them all? Well come see this redesigned and reconfigured unit in Oceania! Don’t miss this rare opportunity to own a fully furnished, oceanfront condo on the 5th floor of Oceania Plaza. This beautifully updated two-bedroom, two-bathroom residence offers an open-concept layout with stunning ocean views from both the living room and the primary bedroom. Stylish vinyl

    Matthew Ecoff ENGEL & VOLKERS NEW SMYRNA

    Section Image
  • 501 N Causeway Unit 2050, New Smyrna Beach, FL 32169

    $650,000

    • 2 Beds
    • 2 Baths
    • 1,259 Sq Ft
    • 501 N Causeway
    • Unit 2050
    • New Smyrna Beach, FL

    DEEPWATER BOAT SLIP WITH LIFT NEGOTIABLE WITH SALE! Located in one of the most desirable areas of New Smyrna Beach, this beautifully renovated 2-bedroom, 2-bath corner unit offers breathtaking views from every room with three private balconies showcasing the Intracoastal Waterway, canals, and stunning sunsets. The updated kitchen boasts luxury wood cabinets, granite countertops, an island, and

    Scott Yurchison COLLADO REAL ESTATE

    Section Image
  • 5201 S Atlantic Ave Unit 708A, New Smyrna Beach, FL 32169

    $725,000

    • 3 Beds
    • 2.5 Baths
    • 1,490 Sq Ft
    • 5201 S Atlantic Ave
    • Unit 708A
    • New Smyrna Beach, FL

    Experience the ultimate beachside lifestyle in this 3-bedroom, 2-bath condo located in the sought-after Ocean View Towers Condominium in New Smyrna Beach. This two-story unit is nestled in a gated, oceanfront complex and offers stunning views of the Atlantic from multiple vantage points throughout. Step out onto your private oceanfront balcony to catch breathtaking sunrises or listen to the waves

    Mike Gagliardi RE/MAX SIGNATURE

    Section Image
  • 5207 S Atlantic Ave Unit 626, New Smyrna Beach, FL 32169

    $799,000

    • 2 Beds
    • 2 Baths
    • 1,347 Sq Ft
    • 5207 S Atlantic Ave
    • Unit 626
    • New Smyrna Beach, FL

    HUGE RENTAL POTENTIAL! OVER $100k/yr, and you still get to use it when you want. On-site management office helps keep the unit full. Rentals are so busy, HOA requires 2-week minimums from 1/1 to 3/31, and they are still booked up. Welcome to Seascape Towers, one of the nicest, and well-kept condos in New Smyrna Beach. Experience the ultimate in beachfront living with this rare, professionally

    Matthew Ecoff ENGEL & VOLKERS NEW SMYRNA

    Section Image
  • 5207 S Atlantic Ave Unit 1226, New Smyrna Beach, FL 32169

    $750,000

    • 2 Beds
    • 2 Baths
    • 1,347 Sq Ft
    • 5207 S Atlantic Ave
    • Unit 1226
    • New Smyrna Beach, FL

    End Unit with amazing views. Recently remodeled, the 12th floor end unit has east and south facing views with lots of light and oceanfront ONE-OF-A KIND VIEWS of the Atlantic Ocean and the Intercoastal Waterway and is located on the non-driving beach. Six sliding glass doors lead to 3 balconies uniquely positioned to provide STUNNING SUNRISE VIEWS and AMAZING SUNSET views. Direct views of NASA

    Sharon Snow COLLADO REAL ESTATE

    Section Image
  • 5300 S Atlantic Ave Unit 16602, New Smyrna Beach, FL 32169

    $615,000

    • 3 Beds
    • 3 Baths
    • 2,045 Sq Ft
    • 5300 S Atlantic Ave
    • Unit 16602
    • New Smyrna Beach, FL

    Highly sought after Junior-penthouse with direct views of the Indian River Lagoon and rocket launchpad. Very peaceful spacious screened balcony with amazing sunset views and rocket launches. Unit comes fully furnished with a lot of upgrades. New stainless steel appliances, granite countertops, new lighting and ceiling fans, blackout screens in living room and master bedroom, coastal shutters,

    Sharon Snow COLLADO REAL ESTATE

    Section Image
  • 2401 S Atlantic Ave Unit D301, New Smyrna Beach, FL 32169

    $795,000

    • 2 Beds
    • 2.5 Baths
    • 1,192 Sq Ft
    • 2401 S Atlantic Ave
    • Unit D301
    • New Smyrna Beach, FL

    Welcome to this Coastal Living 5th-floor Corner/End Unit at The Pelican, a Direct Oceanfront 2-story Townhome offering 2 bedrooms and 2.5 baths with breathtaking, unobstructed Views of the Ocean and Beach and a very private balcony. Step inside to be greeted by Panoramic Vistas from both the Living Area and Primary Bedroom, where Spectacular Sunrises set the tone for Luxurious Coastal Living.

    Donna Concannon Kosmas NSB Homes LLC

    Section Image
  • 2401 S Atlantic Ave Unit 306, New Smyrna Beach, FL 32169

    $709,000

    • 2 Beds
    • 2.5 Baths
    • 1,192 Sq Ft
    • 2401 S Atlantic Ave
    • Unit 306
    • New Smyrna Beach, FL

    Huge price reduction! Priced to sell! Spectacular oceanfront condominium fully furnished and move-in ready! If you have ever dreamed of owning a beachfront escape, this is the one. This top-floor, two-story end unit offers breathtaking north-facing and direct ocean views, providing a front-row seat to stunning sunrises, soaring pelicans and majestic space launches. This fully furnished

    Michele Holland PREMIER SOTHEBYS INT'L REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Closed Pelican Nsb B101 Llc $468,000
Previous Owner Zepf J Stephen $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: NS1066340

Stellar MLS

APN: 7422-06-0B-1010