NOT LISTED FOR SALE

The Pelican 2401 S Atlantic Ave Unit C505 New Smyrna Beach, FL 32169

Coronado Beach Neighborhood

Estimated Value: $666,316 - $785,000

2 Beds
2 Baths
1,182 Sq Ft
$406/mo HOA Fee

Last Sold January 28, 2015

Last sale price $315,000 $266 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,212/month

299 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Open Floorplan
  • Community Pool
  • Coronado Beach Elementary School Rated 10
  • Furnished
  • Balcony

About This Home

As of January 2015

Direct Oceanfront Condo has floor-to-ceiling sliding glass doors, which offers amazing views of the ocean. Elegance and superior design are the hallmarks of this condo from a custom kitchen to the leather recliners. The kitchen has a microwave, flat surface stove with oven and refrigerator for entertaining. With families in mind, the dinning room table seats 6. The living room has a large flat screen TV, comfortable seating and a sleeper sofa. The master bedroom has a king size bed with a TV. The second bedroom has two twin beds. The Association has the reputation of being one of the best condominiums on the ocean due to the on-site association and rental management. The rental profit is applied towards the annual operating budget for the benefit of the homeowners. Let us not forget the washer and dryer inside and the hurricane shutters. The condo complex has 2 pools, one seasonally heated, shuffle board and a brand new social hall, bike parking and gas grills. ;Water: City

Last Agent to Sell the Property

Melynda Sachs

SACHS REALTY, INC. License #564919 Listed on: 03/20/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,677

Year Built

  • Built in 1974

Lot Details

  • Irrigation

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,182 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Seawall
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7422060C5050

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, pest control, sewer, trash, water
  • Pelican Condos
  • Pelican Subdivision
  • 5-Story Property

Recreation

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,677

Year Built

Built in 1974

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 1182
  • Year Built: 1974
  • Building Area Total: 1257
  • Directions to Property: Travel East on State Rd 44 and across a high-rise bridge over the Intracoastal Waterway. After you cross the high-rise bridge, continue to follow 1.9 miles. Make a left into Pelican Condominium.
  • Status: Sold
  • Street Direction: S
  • Floor Number: 5
  • List Office Head Office Key Nume: 703461240
  • RATIO Current Price By Calculate: 266.50
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 5
  • Street Number Modifier: 2401
  • Room Count: 6

Exterior Features

  • Exterior Features: Balcony, Irrigation System
  • Roof: Built-Up
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras: Seawall - Other
  • Water View: Gulf/Ocean - Full

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 406
  • Association Fee Frequency: Monthly
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Pelican
  • Development: Pelican

Lot Info

  • Zoning: R6
  • Parcel Number: 7422060C5050
  • Lot Features: City Limits

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Michael Carl D and Michael Marjorie Jane
Bought by
Michael Carl D and Michael Carl D
Current Estimated Value
$739,329

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jan 27, 2015
Sold by
Cassisa John and Cassisa Rosemary
Bought by
Michael Carl D and Michael Marjorie J
Seller's Agent
Melynda Sachs
SACHS REALTY, INC.
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Bourquein Robert L and Bourquein Rae H
Bought by
Cassisa John and Cassisa Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.14%

Purchase Details

Closed on
Apr 15, 1987
Bought by
Michael Carl D and Michael Marjorie J

Purchase Details

Closed on
Jan 15, 1979
Bought by
Michael Carl D and Michael Marjorie J

Purchase Details

Closed on
Apr 15, 1974
Bought by
Michael Carl D and Michael Marjorie J
Source: Public Records

Range of Values:

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Average Value
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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
Michael Carl D -- None Listed On Document
Michael Carl D $315,000 Inlet Title Company Inc
Cassisa John $132,000 --
Michael Carl D $102,000 --
Michael Carl D $62,000 --
Michael Carl D $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cassisa John $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $315,000 -6.0% $266 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
03/20/2014 03/20/14 For Sale $335,000 -- $283 / 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 $8,677 $636,843 -- $636,843
2024 $8,677 $636,843 -- $636,843
2023 $8,677 $559,153 $0 $559,153
2022 $7,880 $520,044 $0 $520,044
2021 $7,086 $393,921 $0 $393,921
2020 $6,625 $366,779 $0 $366,779
2019 $6,367 $339,297 $0 $339,297
2018 $6,140 $332,277 $0 $332,277
2017 $5,666 $286,143 $71,536 $214,607
2016 $5,818 $274,609 $0 $0
2015 $5,518 $266,364 $0 $0
2014 $5,088 $240,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melynda Sachs

    SACHS REALTY, INC.

    2 in this area

    12 Total Sales

    Melynda Sachs
    Section Image
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About The Pelican

Map

Source: Stellar MLS

MLS Number: NS1020246

Stellar MLS

APN: 7422-06-0C-5050

Florida Volusia County New Smyrna Beach 32169 Coronado Beach

2401 S Atlantic Ave Unit C505, New Smyrna Beach, FL

This home is located at 2401 S Atlantic Ave Unit C505, New Smyrna Beach, FL 32169 since 20 March 2014 and is currently estimated at $739,329, approximately $625 per square foot. This property was built in 1974. 2401 S Atlantic Ave Unit C505 is a home located in Volusia County with nearby schools including Coronado Beach Elementary School, New Smyrna Beach Middle School, and Knight's Christian Academy.

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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