NOT LISTED FOR SALE

Estimated Value: $750,575 - $917,000

2 Beds
2 Baths
1,338 Sq Ft
$690/mo HOA Fee

Last Sold July 06, 2021

Last sale price $600,000 $448 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,229/month

8 Days on Market

Highlights

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

About This Home

As of July 2021

DIRECT OCEANFRONT 2 bedroom 2 bathroom condo located in one of New Smyrna Beaches coveted communities of Minorca! The 2nd floor views are incredible from inside the unit and the extra large patio overlooking the Atlantic Ocean, Ponce De Leon lighthouse, and Smyrna dunes 220 Acre park that includes a dog beach and 1.5 mile boardwalk. This unit has been updated over the years and shows very nicely. FURNISHED with some exceptions, ready for your enjoyment! Features include a laundry room in the unit, wet bar, tile floors, high impact windows and large sliding glass doors which add a great value. The community and amenities are first class including gated security, 2 heated pools, spas, gorgeous clubhouse, fitness center, 4 har tru tennis courts, ocean front pavilion, fishing dock and marina on the riverside. The private Beach walkover dedicated to this building is among the closest to the beach in this community. You will not be disappointed once you view this condo and the community. ;Water: City

Last Listed By

Matthew Guarro

MG REAL ESTATE GROUP License #3213837 Listed on: 05/26/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,621

Year Built

  • Built in 1986

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $690 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Reserved Parking

Pool

  • Spa
  • Heated Pool
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74050205001G

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, ground maintenance, pest control, security
  • The Inlet Association, Phone Number (386) 409-9212
  • "Inlet, The" Condos
  • Inlet At New Smyrna Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,621

Year Built

Built in 1986

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Grounds, Pest Control, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Living Area: 1338
  • Year Built: 1986
  • Building Area Total: 1500
  • Directions to Property: Headed East on 44 make a left on Peninsula. To the main entrance of Minorca on the right.
  • Status: Sold
  • Floor Number: 2
  • List Office Head Office Key Nume: 172580748
  • RATIO Current Price By Calculate: 448.43
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: None

Interior Features

  • Flooring: Tile
  • 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: One
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 257
  • Room Count: 4

Exterior Features

  • Pool Features: Heated, Outside Bath Access
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Covered, Reserved, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 690
  • Association Fee Frequency: Monthly
  • Association Name: The Inlet
  • Phone: 386-409-9212
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: "Inlet, The"

Lot Info

  • Zoning: CONDO
  • Parcel Number: 74050205001G
  • 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

Listed on
May 26, 2021
Closed on
Jul 6, 2021
Sold by
Cambareri Frank A
Bought by
Jeffrey F Hansen Revocable Living Trust
Seller's Agent
Matthew Guarro
MG REAL ESTATE GROUP
Buyer's Agent
Kevin Slabodnik
CHARLES RUTENBERG REALTY ORLANDO
List Price
$610,000
Sold Price
$600,000
Premium/Discount to List
-$10,000
-1.64%
Total Days on Market
8
Current Estimated Value
$839,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,394
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Aug 27, 2010
Sold by
Nixon Joseph J and Nixon Maria E
Bought by
Cambareri Frank A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Rizik Barbara Jean
Bought by
Nixon Joseph J and Nixon Maria E

Purchase Details

Closed on
Nov 9, 1998
Sold by
Rizik Michel and Rizik Barbara Jean
Bought by
Rizik Barbara Jean

Purchase Details

Closed on
Mar 31, 1998
Sold by
Baldinw Charles G and Wiles Karen L
Bought by
Rizik Michael and Rizik Barbara Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.95%

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
Jeffrey F Hansen Revocable Living Trust $600,000 Fidelity Natl Ttl Of Fl Inc
Cambareri Frank A $295,000 Attorney
Nixon Joseph J $260,000 --
Rizik Barbara Jean -- --
Rizik Michael $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cambareri Frank A $206,500
Previous Owner Rizik Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $600,000 -1.6% $448 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $610,000 -- $456 / 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 $10,621 $652,920 -- $652,920
2024 $10,621 $652,920 -- $652,920
2023 $10,621 $673,020 $0 $673,020
2022 $9,169 $540,888 $0 $540,888
2021 $8,015 $453,096 $0 $453,096
2020 $7,283 $406,274 $0 $406,274
2019 $6,937 $372,620 $0 $372,620
2018 $6,835 $369,694 $0 $369,694
2017 $6,444 $339,698 $83,220 $256,478
2016 $6,708 $372,620 $0 $0
2015 $6,026 $293,320 $0 $0
2014 $5,453 $251,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1063699

Stellar MLS

APN: 7405-02-05-001G