$310,000
SOLD NOV 9, 2012
2 Beds
2 Baths
1,489 Sq Ft
$565/mo HOA Fee

Recently Sold

$208 Per Sq Ft

31% Below List Price

844 Days on Market

Highlights

  • Spa
  • Full Gulf or Ocean Views
  • Waterfront
  • Coronado Beach Elementary School Rated 10
  • Gated Community
  • Open Floorplan

About This Home

As of March 2025

Oceanfront condo in the 1st Class Minorca Resort offers THE BEST panoramic views of Ponce Inlet from River to Ocean! Short walk or bike ride to Flagler Avenue Shops & restaurants; 1 hour walk to Jetty & back; and only 1 hour drive to Orlando. Floor to ceiling sliders in the MBR & the LR open to the spacious 10 x 31' oceanfront balcony & overlook the pool deck & spa and the 250 acre Smyrna Dunes Park. Included with this fabulous condo is a reserved underground parking spot, a large storage area great for golf clubs & surf boards & a large west facing balcony for those windy days. Recently remodeled in 2004, this beautifully maintained 2BR/2BA condo has it all, including newer tiled floors & CP, newer A/C & top of the line SS appliances. Other features include a breakfast nook & formal Dining area; wet bar & the furnishings included are top of the line. The building was completely renovated by 2008 from top to bottom, including new windows, doors, balconies, railings, paint, roof, pool, pavers and more. The Minorca community is a 1st class gated resort which features a clubhouse with catering kitchen, billiards, saunas, fitness center w/TVs, two pools, spas, lighted tennis courts, 24 hour gated entry, private gated access to the oceanfront pool, pavilion and beach, as well as gated entry to the 64 boat slip marina located on the Indian River only 5 minutes to Ponce Inlet & the Atlantic Ocean. Boatslips available for rent or purchase & are great for fishing and watching the dolphins and sunsets. Enjoy the best lifestyle that Florida has to offer today! Great condo to live in full time, 2nd home or rental investment! ;Water: City

Last Agent to Sell the Property

Cindy Walker

WATSON REALTY CORP License #563052 Listed on: 04/14/2010

WATSON REALTY CORP

Last Buyer's Agent

Cindy Walker

WATSON REALTY CORP License #563052 Listed on: 04/14/2010

WATSON REALTY CORP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,478

Year Built

  • Built in 1986

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,489 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Off-Street Parking
  • Reserved Parking

Pool

  • Spa
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 74050205002D

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, pest control, security
  • 124 Units
  • "Inlet, The" Condos
  • Inlet/New Smyrna Bldg E Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,478

Year Built

Built in 1986

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Pest Control, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Other, Stucco
  • Living Area: 1489
  • Year Built: 1986
  • Building Area Total: 1675
  • Directions to Property: N. on Peninsula to 2nd / main entrance to Minorca called Minorca Bch Way. Tell security guard where you are going. At stop signs go left, right, left again toward Bldg at 257 MBW, Park in open pkg
  • Status: Sold
  • Floor Number: 2
  • List Office Head Office Key Nume: 1044790
  • RATIO Current Price By Calculate: 208.19
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Gulf/Ocean Front
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 257
  • Room Count: 9

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony
  • Roof: Built-Up, Other
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full

Garage/Parking

  • Parking Features: Off Street, Reserved, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 565
  • Association Fee Frequency: Monthly
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: "Inlet, The"
  • Development: None

Lot Info

  • Zoning: R-PUD
  • Parcel Number: 74050205002D
  • Lot Features: City Limits
  • Lot Dimensions: 0

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 124
  • Unit Count: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Mar 31, 2025
Sold by
Benson Robert Adams
Bought by
257 Minorca Beach Way Unit 204 Land Trust and Phillips
Seller's Agent
Cindy Walker
WATSON REALTY CORP
Buyer's Agent
Cindy Walker
WATSON REALTY CORP
List Price
$890,000
Sold Price
$850,000
Premium/Discount to List
-$40,000
-4.49%
Views
24
Current Estimated Value
$850,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613
Avg. Annual Appreciation
0.17%

Purchase Details

Closed on
Jul 21, 2020
Sold by
Benson Maxine L
Bought by
Benson Robert Adams

Purchase Details

Listed on
Apr 14, 2010
Closed on
Nov 9, 2012
Sold by
Stevens Randolph M and Stevens Frances G
Bought by
Benson Maxine L
Seller's Agent
Cindy Walker
WATSON REALTY CORP
Buyer's Agent
Cindy Walker
WATSON REALTY CORP
List Price
$450,000
Sold Price
$310,000
Premium/Discount to List
-$140,000
-31.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Jan 22, 2004
Sold by
Metcalf Robert and Metcalf Robert A
Bought by
Stevens Randolph M and Stevens Frances G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.81%

Purchase Details

Closed on
Dec 15, 1992
Bought by
Benson Maxine L

Purchase Details

Closed on
Sep 15, 1989
Bought by
Benson Maxine L

Purchase Details

Closed on
May 15, 1988
Bought by
Benson Maxine L

Purchase Details

Closed on
Feb 15, 1986
Bought by
Benson Maxine L
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 $850,000 None Listed On Document
Warranty Deed $850,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $310,000 Watson Title Services Inc
Warranty Deed $420,000 --
Deed $100 --
Deed $170,000 --
Deed $100 --
Deed $151,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,000 No Value Available
Previous Owner $282,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $850,000 -1.2% $571 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $860,000 -1.8% $578 / Sq Ft
11/11/2024 11/11/24 Price Changed $876,000 -1.6% $588 / Sq Ft
10/25/2024 10/25/24 For Sale $890,000 +187.1% $598 / Sq Ft
11/09/2012 11/09/12 Sold $310,000 -31.1% $208 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
04/14/2010 04/14/10 For Sale $450,000 -- $302 / 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 $10,478 $700,960 -- $700,960
2024 $10,478 $700,960 -- $700,960
2023 $10,478 $722,800 $0 $722,800
2022 $8,919 $562,112 $0 $562,112
2021 $8,297 $469,710 $0 $469,710
2020 $7,535 $420,429 $0 $420,429
2019 $7,166 $385,008 $0 $385,008
2018 $7,017 $369,445 $0 $369,445
2017 $6,650 $338,906 $84,727 $254,179
2016 $6,983 $372,424 $0 $0
2015 $6,222 $284,544 $0 $0
2014 $6,450 $290,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1006037

Stellar MLS

APN: 7405-02-05-002D