$590,000
SOLD OCT 17, 2018

250 Minorca Beach Way Unit 705 New Smyrna Beach, FL 32169

North Beach Neighborhood
3 Beds
2 Baths
1,655 Sq Ft
$555/mo HOA Fee

Recently Sold

$356 Per Sq Ft

6% Below List Price

49 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Marina
  • Boat Slip Deeded Off-Site
  • Coronado Beach Elementary School Rated 10
  • Boat Dock
  • Water access To Gulf or Ocean

About This Home

As of October 2018

DIRECT OCEAN VIEW UPON ENTERING THIS FABULOUS CONDO. PANORAMIC VIEWS GALORE, OCEAN, INTRACOASTAL WATERWAY, SOUTH WEST VIEWS TO THE BRIDGES. SPECTACULAR VIEWS OF THE SUN AND MOON RISING. AMAZING VIEWS OF CAPE CANAVERAL SHUTTLE LAUNCHES. BEAUTIFUL VIEWS OF PONCE INLET AND THE DISAPPEARING ISLANDS FROM THE SECOND AND THIRD BEDROOMS. THIS IMMACULATE TRANQUIL HOME ALSO INCLUDES MANY UPGRADES INCLUDING PREMIUM KITCHEN CABINETS, GRANITE COUNTER TOPS, CUSTOM WINDOW TREATMENTS AND CEILING FANS. A/C NEW IN 2015. BEAUTIFUL VIEWS FROM YOUR HOME IN THIS OUTSTANDING HOMEOWNERS RESORT. RESORT LIVING AT ITS VERY BEST, GATED COMMUNITY WITH 24 HOUR SECURITY GUARDS, CLUBHOUSE FACILITIES, FITNESS CENTER, STEAM ROOM, HEATED POOL AND SPA, 4 CLAY TENNIS COURTS, PING PONG, YOGA, WATER AEROBICS, PRIVATE BEACH WALKWAY AND PAVILION, FISHING PIER AND BOAT DOCK MARINA, KAYAK/PADDLE BOARD STORAGE AND PRIVATE ACCESS TO INTRACOASTAL WATERWAY, LENDING LIBRARY AND PETS WELCOME (2 PETS COMBINED WEIGHT 80 LBS). LOOKING FOR A HOME WITH A VIEW? LOOK NO FURTHER. COME AND ENJOY THE PEACE AND TRANQUILITY OF THE OCEAN AND MAKE THIS HOME YOUR VERY OWN OASIS.

Last Agent to Sell the Property

Bob DeRose

COLDWELL BANKER SURFCOAST RLTY License #3034451 Listed on: 06/27/2018

COLDWELL BANKER SURFCOAST RLTY

Last Buyer's Agent

Lou Supowitz

KELLY PRICE & COMPANY LLC License #3356184

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,719

Year Built

  • Built in 2005

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Condo Land Included

HOA Fees

  • $555 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Reserved Parking

Property Views

  • Intracoastal
  • Full Gulf or Ocean

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,655 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Storage Room
  • Sauna
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Boat Slip Deeded Off-Site
  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Palms At Minorca Ph 02 Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Large pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,719

Year Built

Built in 2005

Lot Details

0

HOA Fees

$555 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1655
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1810
  • Directions to Property: EAST OVER SOUTH OR NORTH BRIDGE TURN LEFT ONTO PENINSULA AND PROCEED ABOUT 2 MILES TO MINORCA USE SECOND ENTRANCE TO GUARD GATE.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=V4901531&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=V4901531&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.944
  • Price per Sq Ft: 356.5
  • Close to Original List Price Ratio: 0.944
  • Ratio: Current Price\Building Area Total: 325.97
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 250
  • Room Count: 8
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Sauna, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Atlantic Ocean, Intracoastal
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Beach - Access Deeded, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded Off-Site, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12127C0541J
  • Waterfront Frontage: 1200
  • Additional Water Information: Amazing water views from this unit. Ocean, Intracoastal, Ponce Inlet, Disappearing Islands and a Boat dock Marina across the street. Boat docks available for purchase.
  • Water Frontage Feet Gulf Ocean: 1200

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Fitness, Gated Community, Golf Carts OK, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Marina, Pool, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 555
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 555
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6660
  • Total Monthly Fees: 555

Lot Info

  • Zoning: RR-PUD
  • Parcel Number: 05-17-34-07-07-0705
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2017-09-29
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 1 Month
  • Pet Restrictions: Two pets Max combined weight 80 lbs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum 1 month lease

Tax Info

  • Tax Annual Amount: 7719
  • Tax Block: 07
  • Tax Book Number: 5378/3385
  • Tax Lot: 0705

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Schmidt Charles C
Bought by
Charles C Schmidt Revocable Trust
Total Days on Market
49
Current Estimated Value
$943,369

Purchase Details

Listed on
Jun 27, 2018
Closed on
Oct 17, 2018
Sold by
Pinkerton Linda Joyce and Pinkerton Lyall John
Bought by
Schmidt Charles C
Seller's Agent
Bob DeRose
COLDWELL BANKER SURFCOAST RLTY
Buyer's Agent
Lou Supowitz
KELLY PRICE & COMPANY LLC
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$472,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2006
Sold by
Putman Gerald H and Garner Jay M
Bought by
Bell John E and Bell Elizabeth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed -- G Charles Wohlust Plc
Warranty Deed $590,000 Fidelity National Title Of F
Warranty Deed $625,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $425,000 Credit Line Revolving
Previous Owner $472,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $590,000 -5.6% $356 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $625,000 +8.7% $378 / Sq Ft
12/28/2017 12/28/17 Sold $575,000 -11.4% $347 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $649,000 -- $392 / 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 $7,734 $522,014 -- --
2024 $7,734 $507,303 -- --
2023 $7,734 $492,528 $0 $0
2022 $7,406 $478,183 $0 $0
2021 $7,545 $464,255 $0 $0
2020 $7,458 $457,845 $0 $457,845
2019 $8,741 $511,948 $0 $511,948
2018 $7,844 $454,949 $0 $0
2017 $7,719 $393,718 $98,430 $295,288
2016 $7,677 $365,765 $0 $0
2015 $8,077 $369,928 $0 $0
2014 $8,052 $369,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: V4901531

Stellar MLS

APN: 7405-07-07-0705