NOT LISTED FOR SALE

250 Minorca Beach Way Unit 303 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $705,011 - $758,000

2 Beds
2 Baths
1,450 Sq Ft
$714/mo HOA Fee

Last Sold February 28, 2023

Last sale price $690,000 $476 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,410/month

2 Days on Market

Highlights

  • Intracoastal View
  • Heated Pool
  • Furnished
  • Coronado Beach Elementary School Rated 10
  • Wood Flooring
  • Sliding Doors

About This Home

As of February 2023

Own a piece of the Minorca lifestyle with this immaculate and fully furnished two plus bedroom retreat. Ocean views greet you from the front door. Spacious kitchen features updated appliances, breakfast bar and plenty of storage. Customized bonus room functions as a third bedroom with pocket doors and a comfortable queen size Murphy bed. Special features include custom motorized shades and luxury vinyl plank flooring in the primary and guest bedrooms. Primary suite features large walk-in closet and bath with double vanities and Jacuzzi tub. Unwind on the private balcony and feel the ocean breeze. Keep sandy beach chairs in the storage unit across the hall and enjoy covered carport parking. Minorca is surrounded by water on three sides and offers resort-like amenities including lighted tennis courts, heated pool and spa, complete fitness center, saunas, guarded gate, and private dock on the intracoastal. ;Water: City

Last Agent to Sell the Property

Kelsey Heustess

KINCAID REALTY License #3273226 Listed on: 01/28/2023

Last Buyer's Agent

Tim Loomis

WHITE WHALE REAL ESTATE License #3457334

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,854

Year Built

  • Built in 2005

HOA Fees

Parking

  • Covered Parking

Property Views

  • Intracoastal
  • Full Gulf or Ocean

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Tinted Windows
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 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 7405-07-07-0303

Community Details

Overview

  • Association fees include pool, insurance, internet, ground maintenance, pest control, security
  • Minorca Poa, Phone Number (386) 402-8739
  • The Palms At Minorca Association, Phone Number (386) 427-7510
  • Minorca Condos
  • Palms At Minorca Ph 02 Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,854

Year Built

Built in 2005

Lot Details

0

HOA Fees

$714 per month

Listing Details

  • HOA Fee Includes: Pool, Insurance, Internet, Maintenance Grounds, Pest Control, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 1450
  • Year Built: 2005
  • Building Area Total: 1580
  • Directions to Property: North on N Peninsula to Minorca Beach Way
  • Status: Sold
  • Floor Number: 3
  • List Office Head Office Key Nume: 124636633
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 475.86
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Tinted Windows
  • Street Number Modifier: 250
  • Room Count: 5

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Sliding Doors
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full,Intracoastal Waterway

Garage/Parking

  • Parking Features: Covered, Guest

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: 235
  • Association Fee Frequency: Monthly
  • Association Name: Minorca POA
  • Phone: 386-402-8739
  • Senior Community: No
  • Association #2 Fee: 479
  • Association #2 Fee Frequency: Monthly
  • Association: The Palms at Minorca
  • Association Phone #2: 386-427-7510
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Minorca
  • Association Email: mgrminorca@gmail.com
  • Development: Minorca

Lot Info

  • Zoning: PUD
  • Parcel Number: 7405-07-07-0303
  • Lot Features: City Limits

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Feb 28, 2023
Sold by
Allan Bessada Revocable Trust
Bought by
Hilton Gregory J and Hilton Deanna R
Seller's Agent
Kelsey Heustess
KINCAID REALTY
Buyer's Agent
Tim Loomis
WHITE WHALE REAL ESTATE
List Price
$689,000
Sold Price
$690,000
Premium/Discount to List
$1,000
0.15%
Total Days on Market
2
Current Estimated Value
$730,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,003
Avg. Annual Appreciation
2.73%
Original Mortgage
$517,500
Outstanding Balance
$504,751
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$228,313

Purchase Details

Closed on
Feb 8, 2022
Sold by
Le Bessada Allan
Bought by
Allan Bessada Revocable Trust

Purchase Details

Closed on
Dec 13, 2021
Sold by
Bessada Aliana
Bought by
Bessada Allan

Purchase Details

Closed on
Jan 24, 2020
Sold by
Black Point Assets Inc
Bought by
Bessada Aliana

Purchase Details

Closed on
Feb 25, 2005
Sold by
Minorca Ltd
Bought by
Rogers Ronald W and Rogers Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Hilton Gregory J $690,000 Fidelity National Title
Allan Bessada Revocable Trust -- Legacy Legal Group Pa
Bessada Allan $378,400 Accommodation
Bessada Aliana $475,000 Landcastle Title Group Llc
Rogers Ronald W $391,000 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilton Gregory J $517,500
Previous Owner Rogers Ronald W $45,000
Previous Owner Rogers Ronald W $293,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $690,000 +0.1% $476 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $689,000 -- $475 / 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 $9,854 $552,200 -- $552,200
2024 $9,854 $552,200 -- $552,200
2023 $9,854 $660,880 $0 $660,880
2022 $8,247 $486,200 $0 $486,200
2021 $6,763 $378,400 $0 $378,400
2020 $6,650 $382,250 $0 $382,250
2019 $6,184 $331,870 $0 $331,870
2018 $6,210 $326,700 $0 $326,700
2017 $5,926 $301,766 $75,442 $226,324
2016 $5,895 $280,342 $0 $0
2015 $6,200 $283,532 $0 $0
2014 $6,181 $283,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1073485

Stellar MLS

APN: 7405-07-07-0303